A property management company recently advised me to remove the washer and dryer in my rental stating this is more of a liability. If any damage is done to the washer/dryer or damage to property from washer/dryer, I a...
After move-in, one of my tenants began a business of purchasing used or auctioned cars, doing minor repairs and cleaning in the garage, and transporting to a used car dealership to sell. I was not aware of this activi...
I am a newbie, just converted my primary residence to a rental last summer. We're nearing the end of our first lease and have a bit of a problem tenant but they pay rent early or on-time every month. We're on the fe...
A tenant in a property I don’t live near (but I don’t have a property manager for) said their garbage disposal isn’t working. A friend recommended that I just have the tenant buy a new one at Home Depot and use their ...
Seems Ive seen this topic on here before, never thought it would happen to me. Tenants left, place not trashed, but lots of "stuff' left behind. They frequently went to storage auctions and then sold stuff. Cleaning u...
I recently purchased a tri-plex that is fully leased (YAY!)That being said, the property needs a lot of work and unfortunately I will be non-renewing at least 2 of the tenants to completely renovate their units. The p...
When rehabilitating or investing in the rehabilitation of an eligible historic or non-historic building, you may be able to take advantage of one or both of the historic tax credits: 1) Historic Tax Incentives and 2) ...
So after closing on my first property in February (a duplex that I bought FHA and will owner occupy for three years since I got the tax credit before doing another one) and spending the past 6 weeks doing rehab on the...
Hi all,
I have a SFH that I'm planning on renting. There is an storage shed shed adjacent to the garage that has been found to have drywood termites. It's quoted at $2275 to treat, but can I just demo the shed and di...
I own half interest in a home in Florida with an X girlfriend.She is incarcerated
and will be for the next four years.She has no income or assets and wants to retain the home even though I am paying for all ...