We had a tenant leave our rental property in May of this year. We received about $5,000 in gross rent. The tenant trashed the property and we had to spend about $8,000 on repairs. Including new paint ($4,400) an...
Curious about everyone's thoughts on this. 2020 was a weird year for so many reasons, but one result of the pandemic here in Chicago was a temporary decrease in Assessed Value of properties for the 2020 fiscal year. O...
My wife and I are realty agents, and we are in our first year. Up until now, we have been employed by companies that provided W-2s. I am doing what I can to keep track of our finances and tax obligations, but we are l...
My rental has three people (husband, wife, & their friend). The friend called me today and says he can't get along with them anymore and he wants to move out at the end of this month (they moved in in May on a one...
Hello. I'm considering self-managing a rental in Indiana from out-of-state. However, Indiana Code 32-31-3-18 (IC 32-31-3-18) states that landlords are required to disclose in writing the names and business addresses...
Hello, new here. I have about $55k in cash/stocks right now. I have a pretty good income, currently living near Phoenix Arizona. Living with roommates to keep my rent cost lower. I have an idea. Would love to hear som...
Hello
I recently have a rental property with tenants for over 8years. The wife and I are looking at performing the BRRRR strategy. I’m a tradesman that works for a contractor and have 20years experience in Reno’s and...
hi fellow investors,
I want to rent out my townhouse in Calgary, but haven't had much luck with it on Rentfaster and Zillow.
Just a couple of tire kickers so far.
I reached out to a few Realtors (just for tenant pl...
I am currently in Preforeclosure with a scheduled auction on August 20th, and I am under a special forebearance due to medical issues and having 2 small children under the age of 7. I found a buyer for my home, got a ...
I have had profitable years in the past and have paid a significant amount in taxes. This year will be more profitable than before and I’m working to gain the knowledge to help me not continue to just stay on this pat...