Gregory Robinson
Help I'm left with a house!
In recent years my mother has, as she said it, gifted me her old house, this process was done without me signing anything and I became the owner of this house that I'm responsible for. Just within the last year I've ...
Shiloh Lundahl
What has been your SCARIEST land-lording or investing moment?
In keeping with the spirit of Halloween, what has been your scariest moment as a landlord or investor?
John J.
Tenant Comitted Suicide
Hey Guys,
I need some important advice. One of my dads tenants has committed suicide in his rental house. He was late on his rent by a month and a half and from what we are finding out the power was also recently s...
Dan H.
Reason not to rent to smokers - terminate tenant w/ few options?
We no longer rent to smokers but we used to rent to smokers with the condition that they smoke outside.
We have a tenant that is a from the time that we rented to smokers. They have been good at only smoking outside...
Nathan Gesner
L.A. Creates New Law, Bans Tenant Harrassment
https://www.latimes.com/califo...Here are some interesting activities that will be banned, along with my comments:Deceiving residents about whether they are required to move out (what is "deceit"? If I tell a tenant t...
Cristina S.
Need urgent help! Am I chicken?
Hello,I need some urgent help - thank you so much in advance! We are in the process of purchasing our first rental (buy and hold), getting ready for home inspection - but we are thinking of dropping out. Should we? T...
Brandon Lashmet
Rental Property Business Structures + Asset Protection
Below is the current situation and I would like to get perspectives on the best way to protect a new rental property purchase.Current Setup:CA LLC 1 (1 long term rental property)CA LLC 2 (1 long term rental property)C...
Zachary Dosch
Converting an office building to an apartment building
Has anybody been a part of this type of conversion? I have a very interesting opportunity so Im trying to learn all I can as fast as I can.
Here is a link to the property:
http://www.aspengrouprealestate.com/listings...
Joey Rivera
First deal..need help
I was recently contacted by a motivated seller. Seller's mom passed away in 2013. The property was probated and he is currently the executive of estate. The property has no mortgage. There is a tax lien on the proper...
Jack Srimani
Four unit property built in 1900 analysis help
Hi,
I got the document for analysis of four unit property which was built in 1900. The following shows the summary of the form 8835 (I believe equivalent of schedule E)
For 2008
Gross Rent 16500
Total expense 20400
...