Lynn Currie
Tip: Replace Your Toilet Water Supply Hoses on Your Rentals
Hello My Fellow Landlords,Today's quiiiiiiick tip! comes courtesy of my expensive lesson of the day.Ready? Here it is. Water supply hoses on toilets are considered a "wear and tear item" and should be replaced every f...
Lyle Cooper
Condo Board reluctant to share Financial records
I own a condo in NYC and I am about to undertake a kitchen renovation project. Total renovation cost will $20,000. The condo board wants the higher of 3% or $6000 as an alteration fee. Another $6000 puts the job al...
Matthew J. T.
Putting contract under your name or under business name?
Does it make a difference if I put my name as the buyer in a purchase and sale agreement, or is it better to use your business's name when putting something under contract? I don't know if it matters, but I thought I ...
Joshua Christensen
Mistakes in Real Estate
How can we avoid making mistakes in Real Estate? This is such a huge question.I've been working in real estate in some capacity since I was 18 years old. I turned 19 working on a framing crew just outside Dallas, TX...
Jason Muth
The Darker Side of Airbnb - Good Article
Bloomberg Business just published this piece on Airbnb and their Crisis Management Department."Airbnb Is Spending Millions of Dollars to Make Nightmares Go Away"It's long, but worth the read if you're a STR host - htt...
Claudya Richardson
Should contractors for flipping be licensed or unlicensed?
Received advice that my general contractor should be licensed to prevent me from legal implications after sale. I've ran into so many people that had problems with their home after a flip or a flipper used non license...
Lev Bass
Who provides dehumidifiers?
Quick (I hope) question: we moved and rented out the house. We used to have a dehumidifier in the basement but we took it to the new house. The tenants don't have one. Do we need to buy it because high humidity affect...
Brad R.
Do I need to provide receipts: damages$ pulled from deposit
For damage done to a property, do I have to send all receipts for each fix for damage that a tenant does or do I just have provide the category name and total?Example: Tenant runs into garage door. Can I just put ca...
Peter Crabtree
Auction Canceled
I found a great foreclosed property a few weeks ago that was supposed to go up for auction at the local courthouse on June 14th. The auction for this particular property was canceled at the last minute. Is there are w...
Ali Gencarelli
Basement is flooding
Hi,
I'm looking for some advice. I have a basement that floods everytime it rains. I've tried a sump pump but that doesn't seem to be doing the job. I've read about painting the basement with a polymer type paint to...