My house pipe under the concrete was suddenly broken last December that causes the water damage. My home insurance pays for the water mitigation and rebuild but refuses to pay for the plumbing repair. The plumbing rep...
I have seen a bunch of questions about reserves for things like vacancies, major repairs, and capital improvements. In my opinion, these are not relevant to my rental empire.I try to find properties that at a minimum ...
I had a sewer related repair that the tenant took it upon themselves to get repaired after hours. Tenant paid for the service/parts already and offered to pay half due to it being after hours (me reimbursing the tenan...
Have a tenant in my property that is a nurse, who is working every day. Every time there's an issue that requires repairs to be done in the property she wants me to find someone who can come in early before 8am or aft...
Ok my understanding is that repairs and improvements to get a property fixed up so it can be put into service as a rental are added to the basis of the property per what the IRS says. So with that said, I have a coup...
Hello fellow Hartford investors, I'm looking for a heating guy to work with on a regular basis. Anyone can recommend someone reasonable? I had HR Heating, who's a good guy, but he's ghosting me. I think he dumped me : (
Everyone wants to get to a place where they are financially free but as you get a larger portfolio you are stuck losing so much income to property managers. But, if you used https://nestegg.rent/, which is an online ...
We're in escrow on our first duplex. Wondering if its "normal" to keep home warranty polices in place? Whats your experience? Do you keep home warranties on your properties, or just deal with the issues as they ari...
Tenants moved in and in first month called me to complain about the air conditioner. I sent out the AC guy and he repaired it. Second month the tenants call the AC guy directly and he goes there and repairs it and the...
Hello everyone! Question regarding my first rental property and taxes. I purchased my first rental property (4plex) back in July that’s taken a lot of expenses; down payment, inspection, repairs, rehabs, etc. From my ...