Brian Felser
Raising rent in Modesto,CA.&Property w/ADU.Ok toShare util cost?
#1.I have a property in Modesto, CA.2/1 getting 1,500 mo. Property has a detached ADU. studio getting $795.I haven't raised rent in ADU in 4 years since move in.Main 2/1 home has potential to Reno to 3/2 within footp...
Scott Meitus
Be Careful When Choosing Comps.
Be Careful When Choosing Comps.By Scott A. Meitus, October 20, 2016When an apartment investor is evaluating a potential acquisition, the properties selected for comparison to the subject are critical to developing a p...
Derek T.
How do I properly evaluate land for new construction?
I posted this in the new construction forum but got no feedback so I figured I would try here. I have a pretty solid foundation with rehabs as well as how to research plats, home owner records and lien records bu...
David K.
Navien instant hot water
Hi all-I've got a 50 gallon power vented propane fired hot water tank, and am thinking of switching to one of those Navien instant hot water setups. Any idea the cost to have one installed? Last time I did the tank ...
Cheryl Allin
3-Day Pay or Vacate but Rent never Late
Hey everyone! Posting to get some advice as I'm in a quandary here. Landlord just served me a 3-day pay or vacate that states that I didn't pay partial rent for last Oct, didn't pay rent for November, didn't pay this ...
Amber Turner
Pulling out equity to hold for possibly later date
My husband and I were considering pulling out the equity in some of our homes to set aside for a future purchase, so we don't lose it when the market drops. We haven't found anything yet that makes sense to 1031 them ...
Larry Spradling
Tax question from a newbie
2018 was my first year of owning properties. I bought two turnkey properties and received a 1099 for the rental income they generated. I entered this info into Turbo Tax. I was expecting some tax benefits. Am I mi...
Natalia Keenan
month by month rent in Virginia
Hi all,First time I have a tenant with month by month Lease. She has occupied the condo for two and a half months and now she wants to move out already. The property is in Virginia. If she leaves in the middleof month...
Dylan Bard
Averaging all bills for complex??!
Hello!I am acquiring a 7plex in Aug. I was thinking of paying all the bills. There are 4 electrical boxes with the 7 units (conversion house), I'm not exactly sure which box is for which units. I wanted to pay for eve...
Angie Y.
Suggested formulas for RUBS
Hi all! I have a property that I'm renting where the gas and water utilities can't be split out. One property is a 1BR/1BA 450 sq ft unit with one tenant, and another is a 4BR/2BA 1450 sq ft unit with 4 tenants. I'm g...