Wife and I moved into a house in dire need of repairs....wife wanted the house b/c she wanted a fixer-upper. What needed to be repaired was the kitchen needed to be completely redone (water damage ruined everything, l...
Last night it was extremely windy in my area and a roof shingle from the neighbors roof flew off and shattered the window on my building. I took pictures and have the actual 4 ft piece that flew off. It is obvious whi...
Guys, am I reading this right? The property management company is not gonna carry any liability if they are negligent and I get sued?
Would you have this changed?
INSURANCE:
It is Owner's responsibility to hav...
I own an office building (I used to practice in it but have since sold the practice and the new owner is leasing the building from me) with a NNN lease. I believe my lease says I pay for the roof and parking lot. He ...
Hi everyone,
I don't know if this question has been addressed before (my apologies if it has since I couldn't find the right thread). I'm thinking of deeding our rental properties into an LLC (our lawyer suggested Ge...
My lender is impounding money for my taxes (+4k/year) and I've heard the county sends the tax bill to them. I found out they paid in March the same amount of tax the previous owner was paying, which is much less than ...
Looking to purchase a single family home as a rental. House is in excellent condition other than the roof. It’s old and has previously had a roof leak but has been fixed and not leaking anymore. I will buy the home wi...
Maybe I shouldn't be taking it literally, cause I don't understand the concept.
If I get a paycheck - I get paid right after the government , state, county, health insurance company get paid. Even a freaking garage ma...
Hi everyone,
I'm working on a blog for What To Ask For When Buying A Tenant Occupied Property and here is the list I have so far. Am I missing anything?
Ask to see a copy of the lease and look for the length of leas...
If you are applying for a new loan during the year in which you purchase in which case you have not yet filed a tax return to claim the rental property will be 75% of gross rents evidenced by lease agreement and...