Check out how Slocomb was able to save money on taxes. Thank you, Theo Hicks for sharing this blog post with us.
Through cost segregation, you may be able to save thousands of dollars on your annual tax bill. If you ...
Ordered my new laundry machines this week. Tenants are very excited. For the folks that have buildings on the Northside of Chicago with laundry facilities for tenants what do you charge for a wash and a dry ?I have no...
We are looking at an annual HVAC tune up plan for our rental. This is what one company's tune up entails:Spring AC tune up:Indoor Unit
*Blower Motor *Amp Draw *Bearings *Blower Wheel Balanced *Control Board *Operatin...
Hey guys, I'm purchasing a 5 unit and just got the report back. There is a lot here and I wonder what is urgent and what can wait. This is my first property so I am a little nervous. The property is fully rented.
It ...
A 9 y.o. Whirpool washer just died in the rental unit. My first reaction was to replace it with new (for no more than $500, some basic washer). But then I thought of fixing it - but since I never dealt with fixing,...
The standard for raising rent varies depending on local laws, regulations, and rental agreements. However, there are some general guidelines and considerations that landlords typically follow:Check local laws: Diffe...
Hello Everyone, What are some of the things that you do to protect your out of state rental property in initial days after purchase ? Would love to learn from y'll.
BP,
I am in the process of purchasing a 12 unit multifamily property, I am wondering what investors in my area (Midwest) would pay for this particular 12 unit property? I just want to make sure I am not overpaying ...
Hello all! This is my first post on this forum. I wanted to know if anyone has heard of warranty services for large-cap multifamily investment properties. I know of a company (frontdoor, Inc.) that provides warranties...
I’m not sure if I’m asking the question correctly but if you have a rental and pay for the septic costs for your tenants (basically water included) when doing taxes can you use that as deductions/expense against the i...