The House is not under an llc. Just want to start setting up as if it were. so far i have thought about creating 7 accounts.1) all rental income account 2) account where common utilities and mortgage will be billed3)m...
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I have a question and would like to consult a lawyer about this or someone who is an expert. My tenants had been living at my property for almost 1 year (least end Aug 31). In April they had a roof leak problem, I got...
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Hi all! We are looking into trying to get a rental property, but have a question on how to include utilities in the rent. In North Las Vegas, where we are located, the tenants are able to get trash, water and sewage u...
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I have a duplex under contract in a south suburb of Minneapolis. It's a really good area, good school district and high rental demand. Because of the amount I have to put down and the amount of deferred maintenance, i...
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In my 2 unit rental my lower level tenant wants me to allow her to have a washer & dryer. Originally my stance was no washer due to what I read in The Section 8 Bible. I noticed that in my market a “no washer” pol...
I have a large industrial building with a handful of different tenants. The building only has one incoming power meter from the utility, and then there are individual submeters for each tenant.As a result of this, the...
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Recently purchased a duplex that's in really bad condition for hopes of appreciation and gentrification of the area. This was a 10-20 year play. They are putting in a $2 billion government agency building in the area ...
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Hi,
I am looking at a deal in Union City, New Jersey. This property is currently a two family, and is in pretty good condition. The first floor and basement are currently being rented out as one unit, and the second ...
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I'm in escrow for a cute little duplex in Tacoma. This is officially my FIRST real estate transaction. Its a 2 bedroom on top and a studio on the bottom. I think I have opportunity for forced appreciation because the ...
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Under contract on our first potential property and just got the inspection report back. I feel totally overwhelmed by the list of 100+ things. Which of these would you expect seller repair credits on? Which of the pro...