Michelle Moss
Water bill charges in Duplex Cleveland Ohio
Today I received a text from one of my tenants stating I should look at section 375.05 of the Cleveland code regarding utilities, specifically the water as the gas and electric is separately metered at the property. ...
Charles Branson
Revocable Trust?
Howdy all... hopefully someone can answer this (as I am brand new to REI....still in my first two weeks of learning!) And I hope this is the right forum for this (Legal)?I found what appears to be a great candidate si...
Kathleen Sedita
Lease addendum on flushing tampons/wet wipes down the toilet?
Is this a thing? Can it be a thing? We have several older single family homes (built 1900-1930). In the past we had a group of college girls living in one of these houses & they destroyed the plumbing flushing tam...
Ari Bachrach
Depreciating personal property
A question on depreciation for residential investment properties. When calculating depreciation, the regular schedule is to depreciate the property over 27.5 years. Do I need to separate out personal property (applian...
Bryan Hancock
Sample Release Clauses For Blanket Loans
I was wondering if someone knew of a good spot to review sample legal language for some sample release clauses for blanket loans. We're about to contract with a seller who will finance a small development project for...
Jessica Jordan
20% Builder Price Increase 10 Mo Into Contract
*Cross-post because I may have posted in the wrong forum*We need some advice. My husband and I have been looking forward to moving to Draper, UT for the past year. We locked in a house at $559k in Nov 2020, and were t...
Burt L.
One Darn Clause Prevents Converting 8 Rentals for Condo Sales?
BP Nation- I've been speaking with many mortgage brokers and haven't been able to break through in the least. I have two 4-plex's on lots next to each other in Colorado. They were built in 1948, fully permitted and h...
Jabbar Adesada
Maintenance Issues When Renting by the bedroom
Hello everyone, I am going to manage a rent by the bedroom house hack pretty soon and I am curious as to what systems some of you have used to handle maintenance request. My goal is to manage the property as if I’m no...
Richard Wu
Insurance for contractors
For a restaurant buildout in your own property, what type of insurance do you need from contractors that will protect you? What if some contractors did work without the proper insurance, how to protect from future law...
Thornton Drury
House Hacking Insurance
Hey everyone.I'm in the middle of a house-hacking purchase and I'm stumped on the Insurance question.Do I insure the whole house with a homeowners policy? Do I make tenants have renters insurance? Does everyone having...