Jacob Ogrady
How often do you buy new lists for direct mail in same county?
I'm confused about direct mailing in the same county. After mailing to the same absentee owner list 3 times in a county would you purchase a new list of absentee owners if you still want to mail to absentee owners in ...
Daria B.
Balto (MD) County-inspection(fire codes)-specific extinguisher
Hello, hello...I am about to go through a rehab of my property (located in Baltimore County MD) and was informed as a reminder of the new smoke detector codes. Detectors are currently up to code.I found these articles...
Michael Hooper
Legality of Raising Rent Across Multiple Units
I purchased a 14 unit apartment complex back in December. With it I inherited 13 tenants. 11 of the units are 2 bed 1 bath, same square floor plan and amenities. The tenants I inherited pay any where from $460 to $620...
Travis Russell
2% Rule in Chicago?
I am VERY late to the game on this one, but does the 2% rule actually work in Chicago in A and B neighborhoods?? If I understand correctly, a $300k property should rent for $6,000/month? This sounds like high ren...
Mary Jay
Depreciation Calculations-please help to figure it out
Hey guys,
I feel like Ive always struggled with depreciation concept...
So, Ive been googling it, and here is what I found:
Let’s say you buy a single-family home for $200,000. The tax assessor’s estimate of the la...
Frank S.
LLC and Eviction in Chicago
Ignore the title of the post, please. I can't change it. Hi, As I research structuring, I have a few questions. Any help is greatly appreciated. Assume a sole prop Owner moving property management to member managed...
Linda M.
tax deduction for for items brought separately from renovation
I purchased a multi unit property ,the renovation was included in the mortgage my question is ,when it is asked on the tax for depreciation the purchase price do i use the sale price of the property or do i use the s...
Beau Ryan
City won't allow me to rent out my Triplex
So here is the back story. I bought a tri-plex in 2005 located in Mankato, Mn while I went to college. The property had a grandfathered rental license on it. This worked great for a couple of years, my roommates' r...
Kat Hughes
Asset Protection - Proprietary Irrevocable Spendthrift Trust
Hi! I recently went to a RE conference and there was a company there called Platinum Trust Group (platinumtrustgroup. com) that told us about proprietary irrevocable spendthrift trust. Basically, they're saying that ...
Usman T.
Landlord obligation under "will not disturb the peace and quite"
I have 4 tenants that are roommates, that are sharing an apartment together in Philadelphia, PA. One roommate is complaining that the others are: Threating herMoving her stuffNot allowing her at all enter or exit the...