Frank Adams
Work, luck and persistence the 3 keys to success
Johnny Utah asked me in a couple of other thread how I got started in RE investing, and I love talking about myself so here is a short (or short for me, you know I'm long winded) version.
I was living in the SF Bay A...
Nat C.
Tenant attending to repairs and then billing me?
This is relating to a house I have a property manager for.The PM informed me that the tenant reported a plumbing issue where dirty water was coming up from the bathtub or somewhere, the specifics were very vague.I hav...
Jack Srimani
Managing out of state property
Hi,
I am close to buying a out of state multi unit property. Any property manager charges ten percent of rent. I am wondering if anybody is managing his or her out of state property without keeping a property manager ...
Nick L.
AC Unit Replacement Too Costly & Seeking Alternative Solutions?
The AC unit and damper system in my rental property just went out yesterday and my property management company is proposing a fix of ~$5k to replace the AC and ~3k to replace the dampers using their trusted contractor...
Ryan Jaret
Sink Damage from Tenant
Hello,
During the course of the lease the Tenant broke the kitchen Faucet. I sent him an email informing him that I was deducting the cost of the repair from his SD. He never responded to the email. I went ahead with...
Danny M.
Question On Finding A Real Estate Agent
Hi, I am looking to buy my first property this year (traditional house hack). I have found a contractor I trust should any repairs be needed, secured a cheap month-to-month rental in the area I will be looking for whe...
Adam Lendi
I need advice on starting a Property Management business
Hi! I'm new to the site and I need some advice from sound property managers who are in the business. I am laying out the framework for a property management LLC I want to start in the Denver area and I hoped some of y...
Sandy Uhlmann
Seller Financing, Lease Options or Contract for Deed?
I would like to begin purchasing, rehabbing and then selling mobile homes. Initially, my plan was to create a note and owner finance to the buyer. I am getting the idea that because mobile homes are not treated the ...
Chris McHaney
IRS Taxes - Transitioning from Schedule E to an LLC
I've tried to search and haven't seen exactly what I am after, so I thought I would bring this to the group. After many, many years of owning our own rental properties and filing our federal returns, utilizing Schedul...
Mark Hegeman
Blasting Uninsured vendors
As a landscape contractor most of my competitors are uninsured but I find homeowners seem to care more than landlords about insurance, why is that? This is a generalization to elicit feedback but my comment is based o...