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Maintenance costs is the cash flow killer, if it exceeds the budgeted amount. How can we reduce this risk? Should we hire a property manager to cover maintenance or purchase a home warranty plan? My concerns:
1/ Prop...
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We have suffered a substantial fire at one of our rentals, and the insurance company has written us a check for the damages and lost rent, and we are now in the process of selecting a General Contractor for the repair...
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Hi I'm new to investing. There's a few vacant properties I've found driving for dollars. I've done a skip trace on the owners & I'd like to email them. A few questions...1- Does anyone have email templates they'd ...
My wife and I are closing on a rental property on Thursday through a conventional Fannie/Freedie Mae loan. My questions is can i request from the closing attorney to also prepare/have quitclaim or Warranty Deed on-han...
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The property we have has some repair work that needs to be done before we are selling it out as a 1031. What kind of expenses can be claimed back from the sale proceeds? (Eg Travelling cost, cost to repair (labor, ma...
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Anyone investing in Buffalo NY? Any advice to entering this market as an out of state investor? Considering a multifamily in a decent neighborhood - amy suggestions?
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Questions for commercial investors out there: 1. When underwriting an building purchase with attached absolute NNN lease, what diligence items do you typically request? 2. Do these items change for you if the property...
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Hello! This is long, but I really do need help, so if anyone's dealt with similar issues, I'd love to hear input on options. I closed on my 1st ever rental property (SFH) in Indiana November 2018. Got it fixed up and ...
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Do you recommend getting a home warranty? 14 months for $420 and covers HVAC/Appliances etc. $75 per service call. Thoughts? 1433 sq ft already fixed the AC but the frig is on the way out.
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In addition to the tax relief introduced under the CARES Act, there are a number of other provisions non-tax related that are designed to help small businesses during this time of crisis.As always, consultant your tax...