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I have been seeing that cities like Cleveland and Columbus (Ohio) are becoming increasingly more popular for investors. I'd be curious to know what is making these markets stand out to investors.Any advice based on ex...
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I know your mileage may vary but when faced with an HVAC replacement what brand is considered by you and what ones would you never consider?TraneCarrierHeilAmerican Standard GoodmanLennoxRhuddRheem AmanaSo many choice...
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Well I got my second less than stellar tenant in two years. Another single mom. Figures. A pity you cannot discriminate based on marital status. Anyway, after she moved out the place stunk like cigarette smoke. I knew...
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My wife and I own a two-flat in Chicago, and we're planning to upgrade our heating system. Currently, we have boilers and radiators that we want to remove to create space in the basement for a future conversion into a...
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Last year I was approached by a gentleman that had purchased a low income 3 family house occupied by a low income disgusting families. Before I took on the building, there was 8 feet of garbage alone in the back yard....
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Side by side duplex. Last sold in 04 for 175K. reasonable rent for each side is $825. Here are the numbers:
20K in repairs
Taxes are $2400
INS is $2000
Separate utilities except for water and trash: ~$1...
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Tenants are moving out in a few days and I would really like to give them a checklist of items to clean and go through before handing the keys over. Would any of you be willing to share one of yours?
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Hello,We have a general question about recording for tax purposes HVAC replacement in a single-family rental property.
For the scenario below - is there an option to deduct the expense (fully/partially)?
Scenario:
...
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Recently I picked up a "Power Plunger" (Item#99644) for $5.95 on sale and a 25' drain cleaner (Item#66262) on sale for $11.99 at Harbor Freight. These two items were recommended to me by another investor as good to h...
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http://www.bizjournals.com/southflorida/stories/2009/05/18/daily29.html
Jeff I know you've mentioned this in the past but I thought this was a good info piece people should know about. Sometimes importing building m...