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Results (1792)
Weronika Jedrak Inherited tenants and lease violation- NEW JERSEY
19 April 2024 | 7 replies

Hello, my husband and I closed on our first rental property in Woodbury, New Jersey. We unfortunately inherited the tenants, but the property was a good deal, so we went for it.  It is a duplex, both tenants pay $700 ...

Steve Hiltabiddle Notice of Default - Process and options
19 November 2024 | 10 replies

Hey Lenders,  I'm going through my first default process on a private loan for an investment property and I've done so with the assistance of an Attorney.  However, I’m curious how much of this process needs to be d...

Jordan Laney PM signed awful snow contract
22 January 2025 | 14 replies

Hey all, I want to ask if you would sign this contract.PM has a snow vendor who comes out to shovel if it snows more than 2". They charge us $250 per "push". Since we have 2 buildings (right next to each) the total is...

Corey Reyment Cost Segregation Study on a 16 unit and 401K To Reduce Tax
29 October 2018 | 22 replies

We are in negotiations on a 16 unit. Purchase price will be somewhere around $600K. We primarily wholesale and should end up somewhere around $400K this year of income from our wholesaling business. We met with our ac...

Kathleen DeNault-Ridge Very VERY small commercial deal with seller financing
9 December 2014 | 8 replies

I am considering the purchase of a small commercial mixed-use property.  It is a building with two current multi-year leases (post office, yoga studio...no history of lengthy vacancies), and a very small owner-occupie...

Demetri T. Tenant Lie Number ##?
11 February 2016 | 21 replies

I have a lie that I haven't had to deal with before and my inherited lease is silent about.Tenant is a section 8 tenant who has approval for herself and her two kids.  However, there is another guy there nearly all th...

Brendan M. What are the tax implications of paying myself to property manage?
19 March 2024 | 22 replies

I just bought my first multifamily property and I have been thinking about how to maximize my tax benefits on it. If i can write off property management fees as an expense, can I pay myself (either as a sole proprieto...

Celeste Nadal Section 8? Accept or Don’t? Why?
21 May 2020 | 13 replies

What are the pros and cons of accepting section 8? Any pitfalls, do’s or don’t? I don’t know what I am getting into.