Timothy Lon
It can't be a good deal, or someone would have already bought it.
Hello All,Brand new member, second post ever. I am currently researching prospective MFHs for my first rental property with the intent to buy soon (my houses closes the 22nd, which is going to be used to help with th...
Mallikarjun Reddy Pateel
too much Property Management Fees?
Hello Folks,
I'm Looking to purchase my first Rental Property in Kankakee area. I had a Conversation with one Local property Management Company looks like i don't have much options.
1.asking me to have General ...
Dan Shelhamer
Frozen Pipes Burst - Who's Responsible?
The other day I received a text form my tenant "I'm just returning from vacation, and it appears the water inside the house was frozen from the tips of the faucet, and I believe the pipes froze and possibly busted". ...
Kristin Caras
Preventing Pipe Freeze
I have a property that has 3/4 units heat turned on. Unfortunately, a tenant left and didn’t pay his electric bill. The soonest the electric company can come out and turn on heat to the unit is 8 days from today. The ...
Tom McMahon
Irrevocable Trust Question
Hi guys, first post here. Site has been great so far. Here is my situation:In September of 2014 my parents made me the beneficiary and Trustee of an Irrevocable Trust. We put their house, which would sell for roughly ...
Art Maydan
Cancel Lease w/ Tenant Asking for Radon Test Before Move-In?
Had a tenant sign the lease and send the move-in fee and 1st month's rent then start asking a bunch of super high-maintenance questions. My favorite is, "Do you have a radon test for me? No worries if not. I can get m...
Ryan B.
Adjustment to 50% Rule
It seems as if a large number of buy and hold investors try to use the 50% rule for their rental properties. I myself think the rule makes perfect sense and that is what I use also.
I would like to get everyone's o...
Victoria Coleman
Investing in multifamily properties in areas with bad winters
Hi Everyone!I am originally from Erie, PA. For those of you who are not familiar with the area, the winters are pretty harsh. Extremely cold weather and LOTS of snow. I am considering what to do for my first investmen...
James H.
Are car loans really that bad?
I recently posted some questions regarding financial strategy involving car loan debt, student loand debt, mortgage debt and cash for new acquisitions.
There is a strong contingency of folks that claim you should nev...
Justin F.
Upgrading Underground Powerlines - Trenching PG&E Bay Area
Hi,
I've got underground powerlines and the PG&E vault box is across the street on my neighbors property. PG&E said if I wanted to upgrade my existing 100A electrical panel to 200A, I'd have to trench from m...