Jesse Smith
Title Issues on Purchase - Advice Needed
I'm in the process of trying to purchase an off-market deal in my neighborhood. I already own one of these, and it's a tremendous cash flow property. During the title search, the following issue came up:Property is ...
Michael Calderaro
The Insider's Look at Requesting a Laundry Proposal!
Greetings Gentle Readers!Typically when a property owner or manager needs a laundry proposal they contact a laundry company and ask for a “proposal” without giving the operator, specific, if any guidelines in which th...
Preeti Tibrewala
My tenant wants to fill the role of onsite manager
I own a 5 unit apartment building in Berkeley, CA. A long term tenant wants to play the role of onsite manager. She claims that the laundry room and trash cans needs upkeep.She offered this service to get some discoun...
Kristen Descant
HVAC Replacement Tax Deduction
This year I replaced two HVAC systems. I know this is tax deductible, but I'm wondering if I would claim the entire deduction on my 2022 taxes or is this something I spread out over a few years?
Rax Gupta
What % of cashflow is considered good for a rental property
Hi All, I am considering buying a rental property. After all, deductions, what percent of cashflow is worth going through all hassle.
Sam Schlacter
Found the Tenant!!! (and more questions!)
After my multiple posts on all your help in how-to help on screening and other related rental criteria, I have finally found the tenant who is signing the lease on Saturday! To anyone interested from my previous post,...
Cameron Parr
Renegotiate, walk away, or follow through?
I’ve been under contract to purchase a duplex since October 2019. Property had a messy title and I was told it was cleared and ready to close February 2020. I went for final walkthrough and water to the property was n...
Carl Fordyce
effective methods to track income and repair expenses by units?
i just bought my first rental its a 4-plex building I've been racking my brain on finding the best method for tracking my monthly income to expenses on a per unit basis. I've looked at things on BP but everything is b...
Jeff Graves
Which do you prefer VRBO or Airbnb?
As an owner of vacation rental property on Maui, who self-manages, and a Realtor sharing with my clients two main hosting services of VRBO and Airbnb. Which do you prefer?
Michael Kiley
Is staging a small & inexpensive home really worth the dough?
Next month I'll be finishing my smallest flip to date... a 780 sq ft house in the Westpark neighborhood of Cleveland, Ohio. Because of the extensive renovation, I plan to price it at the high end of the comps around ...