Does anyone put in their lease agreements that the tenant will assume the costs for any minor (under $35?? 50??) repairs in the unit? I'm wondering about the line between landlord/tenant repairs. Thanks.
I have a rental property that I co-own with two other owners. We obtained a mortgage on the property, however, due to issues with getting my partners qualified in the mortgage process, the mortgage is specifically in...
There is a big difference between Inexpensive and expensive mortar, maybe $5 VS $20 for 50lbs bags. Is there really a big difference long/short term?Thank you!
I planning to buy a property that is out of my monthly price range by about 1500 to 1700. I plan on buying the property with a VA loan but the issue is the what ifs...if I rent the home out for 1500 to 1700 I'll be pe...
I had a co-worker who would get a home warranty like American Home Shield etc and put hose on each of his rentals. If anything broke or there was any issue he instructed the tenant to call the warranty company to com...
First, thanks in advance for your replies.I am new to the multi-family investing and I am currently looking at a couple of opportunities. I am trying to make sure I have "all" of the expenses in my spreadsheet. With t...
Does anyone have an idea of what would be a realistic expense ratio for an apartment building in the Victor Valley? Building has separate electric and gas. Let me know your thoughtsMark
I am looking at moving around some appliances for a better kitchen layout in a home I just purchased. Currently it is setup as a one wall kitchen, but with a wall gone between the living room and kitchen there needs t...
I'm about to jump into my first real property and I want to know if I am overestimating expenses. It's a 3 family for $70K and rents are generating $2100 per month. The property needs about $20K worth of work. I ha...
Hi, all. I bought a condemned house to knock down, as an investment. I had closing costs and demo costs. Right now, its just a lot. What can i expense on my taxes? Also, if at some point i decide not to sell the prope...