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Hello Everyone,
If I am lease-optioning a home I control to a tenant buyer, who has the responsibility for maintenance? Does the tenant-buyer take responsibility for those costs and issues, or do I as the own...
In light industrial, say if HVAC broke, should the landlord repair? Or the tenant does and landlord doesn't need to know?if landlord wants to have HVAC serviced every year, does tenant pay for it?
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I recently closed on a property in San Antonio. Half of it is a commercial property...a bakery. My insurance company is requiring a few different repairs. One is "clean the cooking equipment ventilation ductwork". I'm...
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I am working with a seller on three 5 plexes that he wants to sell as a package deal. He is not willing to separate them at least not at this time. All units are currently occupied. Here are the numbers: Asking price ...
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Hi everybody,
I am looking at 4 homes (all 2 bed/1 bath) on the same lot being sold together (with owner financing) in Connecticut.
Please take a look my expenses below and let me know if there is anyth...
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Please, I have a problem that may be better understood by expert landlords. I used my purchase price on a multiunit residential property, minus land value, for the cost basis of my rental property. However the purchas...
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HI bigger pocket members!I am slowly growing my real estate empire. I have an accepted offer in on my first multi story commercial building. It has 3 floors with offices totaling about 20,000 sqft. This will be my fir...
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I recently received an appraisal from an owner of a commercial property I am interested in. The appraisal was done 6 months ago for a pending offer that fell thru. This is my first step into multi-family, so I have...
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Kind of a silly question, I know. I assume the answer is 'yes'.I was just wondering if they keep the keys if only for 'every so often' repairs or very infrequent calls about the property (a duplex).Thoughts?
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Here's a question that likely only the people that keep their own books or the accountant minded will appreciate. Do you lump together your repairs and maintenance costs on your income statement or do you keep them s...