Toben B.
What Color Should I Paint this Quadplex?
I bought a beat up Quadplex last week and I am doing tons of work on it.The exterior is a faded green paint. What color should I replace it with? I was thinking a creme with black shutters.Look below and give me any s...
Shiloh Lundahl
Teaching Kids About Investing. How do you do it?
Right now my wife home schools our 3 oldest kids. Earlier this week, I had the opportunity to teach the math lesson. My kids learned the term Cash on Cash Return and then worked out the CoC Return for each property ...
Charles Press
?Repairs vs. Maintenance
Here's a question that likely only the people that keep their own books or the accountant minded will appreciate. Do you lump together your repairs and maintenance costs on your income statement or do you keep them s...
Aref Shehadeh
What should a property manager be responsible for based on the % of rent collected fee?
I have a 4unit and have agreed on paying my property manager 8% of rents collected. My understanding with this is they are generally responsible for rent collection, tenant management, repairs & maintenance (small...
JR T.
High Efficiency Toilets
I have a number of multifamily buildings that are 100+ years old and in the market where they're located I pay for the water. One three unit building is using $1,200 per quarter in water. I believe part of the issue i...
Chris Nare
First Rental Closed
On Friday, we began our REI journey. We closed on our first property that our agent found off-market. It is a 2 BR, 2.5 BA, one car garage condo in Fairfield, OH. We got it below market and need to spend about $15K to...
Dylan DeWitt
Best way to go about buying an abandoned property
Hello, I've been wanting to get into real estate investing and I think I have found a house that would allow me to start. It is a neighbor of my grandparents. There was a lady and her niece living there, 100+ and 70+ ...
Gerald K.
How do you handle dirty tenants?
OK, so you've done all your screening, the tenants look good. No bad reviews from previous landlords.Tenant drives up in a nice new clean car and has good appearance. They move in, then comes the first visit 6 mont...
William Dubinsky
Seller can't afford to close - suggestions?
I've been under contract on an out of state SFH that was supposed to close mid-way through December. After several rounds of negotiations, repairs and inspections I wired my money to close only to find out the seller ...
Jeremy S.
Tax deductions for paying a handy man or buying used appliances?
if I pay my brother or young cousins $10/hr for demo or cleaning work, can I write that off the same way I would for any other contractor?
How about if I were to replace a range hood or other appliance with o...