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I just had a drunken driver rammed his Chevy Silverado into my rental home at middle of Friday Night. Thankfully the tenant’s son survived with bruises & lacerations, who was right at the impact point. The truck w...
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Hello all, Ive recently purchased my first rental property ( a triplex) and have discovered uneven subfloors. The house is 100 years old and i do not suspect foundation issues.. The floors in two rooms had a wavy look...
Trying to determine deposit withholding for wood floor damage, primarily from dog nails that, I believe, were not maintained, in addition to general lack of cleaning and carelessness. These types of scratches are ove...
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Left, Right or center...the facts are that it's HOT in many areas of the country. I'm not talking about the housing market, I'm talking literally, it's hot outside. I feel for my East Coast friends these past few week...
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I closed on a single family home in Little Rock, AR in mid May 2021. It was built in 1940 and is ~1700 sq ft. The tenant is a Housing tenant (section 8) , has not moved in yet , but has passed the Housing inspection....
We bought a foreclosure on auction.com for a good price in Long Island, NY. The previous owner is still in the house and basically trying to extort us for a lot of money. He has already been in the house for about 2...
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Hello all,I am currently analyzing a 9-unit MF in Manhattan. 8 out of the 9 units are rent stabilized, which really affects my cashflow. I know you can convert RS to FM by giving in writing, a note stating that you wi...
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Hey folks,
Would really appreciate some ideas from the forum CPA's, tax lawyers. My wife and myself are having full time jobs and work 50-70 hrs a week each that puts us in 35% pus federal tax brackets. I really like...
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Hello,I am in the process of house hunting with my fiancé. Originally, I really wanted to purchase a multi family so we could live in one unit and rent the others out. I have come to realize that she really would pref...
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I am a new investor who just purchased my first property 2 weeks ago and I'm in the process of getting quotes and deciding what needs to make the Reno budget of 8-10,000$. The house is located in Graham NC 3 bed 1 ba...