I had a tenant call about a refrigerator repair. I called a repair technician who did the repair for a couple hundred dollars and I paid it in February. I decided to check the lease agreement for this property a co...
Hello All, I am currently looking for a tenant to fill my first rental property. A little background; The property is located in a less-than desirable part of town, but the house is nice & clean.
I have one guy w...
Hi all. Newbie question that I couldn't find an answer to (though I'm sure its on here somewhere!) We had about 8 showings to prospective renters today for a small house. Several expressed interest and asked for a ...
Hey, I was toying with the idea of using a HELOC to fund a non-real estate investment, specifically buying some debt. It seems to me that even in the perfect situation, where I get paid like 12% interest rate with no ...
Need some help analyzing a financial statement for an apartment complex. Just wondering if capital improvements should be part of the expenses (i.e. should they be deducted from gross income to arrive at NOI). In this...
If you calculated say 200 a month in repairs and you make no repairs that month. Do you count that as cash flow or put towards cap ex? What are people doing in that situation?
Just finished my home inspection, and I have a list of things that need to be done. There is really no big ticket items but I do need them fixed either before I purchase or after. But I would like a breakdown of cost...
We are going to be buying property and building a spec home shortly and need to understand the pros and cons of doing this deal through an LLC vs. as individuals, from a tax perspective. Is there a difference?
I alre...
Ok, you buy a property at a trustee sale. However, upon entering your new property, you find that the previous occupants have left lots behind.
Items left might range from furniture and appliances to boats.
What is...
How do you go about finding a handyman? Should they be licensed if working on your rental property?
What success have you had, looking for ideas?