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Hi all, we closed on our first rental property today (a duplex), and have read all we could preparing for the transition. We have a vacant unit that should be easy to fill, and tenant on a month to month lease. This i...
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Hello All,Very new here, both to the community and to investing/real estate at large.I'm wondering if you all think it's worth it for me and my wife to find a CPA.Our financial situation is pretty simple. We both have...
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HelloI filed eviction not too long ago, called lawyer office today.found out bad tenant got answered.I cannot believe she gave me bounced check for security deposit and prorated rent.What kind of answers she can do? s...
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I just closed on a newly built 6 unit multi-family apartment. Everything was built and installed 2 years ago and is immaculate condition. Now here in lies the problem. The HVAC systems are all high-efficiency and nee...
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Here is the situation - I purchased a home in Indianapolis and the seller claimed the rent was $650. The tenant claims she has been paying $480. When I asked her to provide a copy of the lease, she sent one that expir...
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What has seemed like such a distant idea has finally come together. We are getting through all of the paper work right now but within the next week we should have our LLC formed and funded.
Now that we can finally fo...
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I live in New York, Long Island, Suffolk county. I have eviction by a court order, judgement of possession, but the sheriff is busy for 6 weeks. Can I cut utilities of the property where tenant stays since I have a po...
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Almost every house you buy today comes with a lead paint disclosure. The box is almost always checked that says the seller has no knowledge of any lead paint. This is because they have never done a lead paint test, an...
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I was told a law passed that now requires this although i'm unable to find a reference to it. Anyone know if this is true?
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This is a new one that I have just experienced. The tenant refused to allow an inspection. I never had an issue with doing inspections on prior tenants. Do you folks all do inspections during the lease? I suppose if t...