I have a fourplex that was damaged by fire, thankfully no one was hurt.
For ease of the example, let's assume the following numbers:
Property was purchased for $150k. Insurance check I will get is $80k.
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Sometimes you’ll walk into a house and think to yourself “Wow! This house just feels so awkward!” Whether it’s cramming too many rooms into a small space or using walls so much that the house has a closed-in and claus...
I own a two-story duplex where water constantly drips down the siding, even when it hasn't rained for days or weeks. My property manager had someone inspect the issue, and they initially said the AC unit was the probl...
I'm quite shocked (and stunned) when I see how much is taxed on to my guest. Airbnb, for their fee, seems to tack on about 14%, then City of Seattle(lodging tax) tacks on 16%, plus another $4 per night. Then Airbnb s...
There was a previous thread about this same subject. What do I do when my balloon becomes due 10 years down the road ? There were a lot of responses and the consensus of them all listed the following choices:
1. Sell...
Work hard and hand the excess over to your broker seems to be the common trend with most passive investors. The truth is most investors are in fact "passive". Meaning most people out there are too busy earning a livi...
Looking for advice on how more experienced landlords handle this situation. I just had tenants move out and left the unit filthy. No real damage, just very dirty. We spent four hours last night cleaning. To start thin...
Okay, so I see this a lot in our industry. Investors will buy a property and put it into a LLC or buy it with the LLC outright. My question is whether or not to make a NEW LLC for every investment property you own? I ...
I would like to get some observations on this. I had a new tenant movie in about a month and a half ago. They rented sight unseen. PM's handyman goes through the property inspection checklist in between tenants to inc...
I recently had a long-term (5.5 years) tenant move out. She was a fantastic tenant—always paid on time, easy to work with, and took good care of the property overall. She did move in two cats during her tenancy (with ...