Anyone ever bought small multifamily (10-30 units) from whole sellers? I ran across couple of deals lately with great cash on cash returns, well, at least on paper. But deals are offered by whole sellers who will as...
I have a tenant who heard "the toilet running" for "over a week, I guess" - but it turned out to be a big hot water leak spraying the subfloor under the bathroom in an enclosed crawlspace. So there is mold. Lots of ...
I'm in the process of renovating my latest rental house. I've been thinking about Smart-Home features which would be beneficial to a landlord as opposed to wiz-bang cool features to attract tenants. Specifically, I'm...
Greetings all;
I have an SFH in Milwaukee, WI and am not terribly happy with my current PM - which I may address in a separate post. L-S-S: he has been incredibly rude to me and has had work (not-urgent) done w/o m...
I'm so not patient! I had some issues with burst pipes and delays getting the water on in a house I'm flipping and winter came early here. So the only work I really need to do is power washing and painting/staining th...
Has anyone ever dealt with a title company refusing to release the funds on an agreed upon lease back. So both seller & buyer agreed on a (residential temporary lease agreement) so that the seller will have time t...
A recent thread pointed out the need for an Operating Agreement which led to maintenance rquirements of an LLC.
Not only do members need to have an Operating Agreement but the corporation needs to be maintained.
Min...
So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
Hi! I'm new to the medium term rental strategy, so I wanted to ask the more experienced members here: how do you go about writing a proposal to insurance companies, government agencies, construction companies (or othe...
Megasite Brings Mega-Opportunity to West Tennessee A water tower of its own. Installation of 14 miles of sewer lines. Rerouting of a state highway. No wonder the Memphis Regional Megasite is called, well, a megasite. ...