Tim Roberts
Property Management Procedure Manual
Does anyone have any experience providing a property manager with a procedure manual? For example, if a property becomes vacant in winter I expect you to turn the water off and check the heat every 3 days?
Justin Fox
Cost basis of rental property question
I have a single family home that I refinanced in 2010 and paid off completely in July of 2013. The home is now a rental property, and has been since 09/01/2014. I didn't take the depreciation deduction on my 2014 re...
Kenn C.
Contractors Request More Money Than Estimated Cost
Who pays for unexpected costs that arise for a contracted job? The contractor estimated a job, performed the work, then came back with additional charges to cover more work that was performed and/or materials.Do you h...
Sara Dunn
Collecting Repair Costs from Tenant DURING a Lease
Looking for advice on COLLECTING REPAIR COSTS from the tenant that are incurred DURING the tenancy. Something I can put into the lease terms? Our past tenant caused some damage that needed repair during her lease. It ...
Klyde Waggsdale
Before-tax or After-tax cash flows?
Do you use before-tax or after-tax to evaluate a deal? I could see making a case for both. What do the majority of investors use and what to banks look for?
Thanks for your input.
Matthew Williams
Tips to help get my first wholesale deal done?
Hello all! I'm a newbie investor who could use some insight. I'm trying to get my first wholesale deal done so I can have some money to start my own personal Real Esate business. Anyways, I'm struggling to get my foot...
Toben B.
Should I sell out or remortgage all my properties?
Hello - I am considering exiting the market or just re-mortgaging everything to have cash.
I started buying 14 years ago and built a portfolio off bank foreclosures from out of state investors who tried to run thin...
Matthew Malin
Foreclosure Auction on SFR from Estate
here is a home going up for auction tomorrow that I am considering purchasing. Currently assessed at $105k and in a trendy/popular location. Listed on real estate websites as a 1 bedroom/1 bath built in 1910 and 1100...
Chris Gilbert
Tax deductions under the de minimis rule
We replaced the deck on our rental house in 2016, but to make a long story short, we made a number of individual payments for various parts of the deck. We made payments for various materials, labor for different par...
Dan Overland
Self Directed IRA Creation -- Creating the IRA and the LLC on my own
I am in the process of creating a Self Directed IRA using one of the existing and more prolific Custodians out there. In the same process, I am creating the LLC that will be owned by the IRA.
The one piece that noo...