Hello Everyone and thanks in advance for any advice.A new tenant moved in last Sunday (The tenants are two married girls if that matters). My agent who is responsible for finding the tenant and screening provide me to...
Hey BP. I am looking at a duplex for my first home (to start by house hacking). Is there a primer anywhere on how to properly limit my liability or how to make sure that I have adequate insurance as a landlord? From w...
I'll preface this that I will be speaking with a local attorney to get their opinion on Monday but wanted to see what this group thought of my situation.I have a duplex that had a single room and contents fire. The f...
My tenant says that the wind blew a garbage can over and it broke a window. My question is, who would be responsible for repairing that?
I've been told that the IRS requires you to depreciate a residential rental even if it is in an IRA but you do not get to take the deduction. And, I'm told that you recapture the depreciation at 25% when you sell the ...
Hi, I recently bought a property in San Antonio and decided to higher a company to run it for me. They managed to find a tenant very fast and rented it out. But when the tenants moved in they found a flooded house! Lo...
My tenant contacted me late last night saying the heat wasn't blowing upstairs but it was downstairs. As this used to be my primary residence I immediately knew it was the dampers. I asked the tenant if they checked t...
A handful of items I'm curious about on this house purchase that I'm adding to my portfolio at a 50-80K discount:-The house has a septic system. Should I get a septic inspection as part of the purchase? First time dea...
Hello everyone,I have a SFR rental in Seattle near a university with students as the renters. The house is on hill overlooking the street which runs parallel to the freeway so one side of the street has houses and the...
Hello! I'm a new homeowner who embarked on a house hacking journey about a month ago. Everything has been going great, until last week. Mother Nature decided to drop one medium size tree on a small section of the viny...