Toben B.
Should I sell out? High equity low cash flow environment.
I live and own in a secondary market that has seen a crazy run up. Houses are getting multiple offers $20-25K over asking. I also own a small apartment complex in a tertiary market.
RE here seems to be at red hot no...
Trevor Justice
Umbrella liability vs. owning property in an LLC. Your thoughts?
Last year, I set up a CA LLC owned/controlled by a WY LLC, with the intention of deeding my 20% share of an apartment building into the LLC. (I've been on title as 20% co-owner.)I was able to transfer my share with th...
Steve S.
Question about a potential heater issue
I had a tenant call me and say one room upstairs is not warming but the master and other bedroom upstairs and the downstairs area is warm. I had them confirm the last tenant didn't shut the vent and they confirmed col...
Kevin Branin
Code Inspector wants a standing water test
I had the code inspector out to approve the rough work prior to closing the walls. He’s mandating my plumber to do a standing water test. Plumber has never done one before. The sanitary system needs to be filled al...
Brady Beshear
Smart Locks for new Airbnb...
I'm planning to convert one of my LTRs to an STR and need your help. What advice would you give me regarding smart locks? I've searched the forums and noticed recommendations for August and Resort locks. I'm intere...
Joycel Portela
Can I sublet a unit when I have no lease?
Hi everyone!
I'm currently living in a townhouse which was originally leased to my father in law 10 years ago. He was never asked to sign a lease renewal and now I've been living there 2 years paying the rent while h...
Steven Luttman
When tenants disappear
Hi all,
Seeking guidance on a tenant related matter in Saratoga County, NY (30 minutes north of Albany/Troy). Lease began in March and at the moment are past due for the month of July. A domestic incident has caused ...
David Hertz
Splitting utilities on property that all the utilities is on the landlord
Hi I'm looking into buying 11 (a 6 unit and a 5) units in the Hazelton pa area. The one big set back on this deal is the fact that the heat and water are all together and paid for by landlord equaling about 24,000 a ...
Sal Livreri
Figuring ROI on money I would lend
I am considering lending my money out to REIs. What I am trying to figure out are the ROI on this and the mechanics/logistics.I set up an excel spreadhseet to try to do this. The assumptions are:1) It is an amortize...
Bienes Raices
No dishwasher, no garbage disposal
And no refrigerator either but I know what to do about that...
Are there any issues with putting or connecting a freestanding dishwasher adjacent to the cabinets? There is no "space" where the new...