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Lately the Parma, OH Building Department has been aggressively assessing fines, writing tickets and trying to collect rental registration fees from prior years. Has anyone else run afoul of the Parma Building Departm...
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After 12 years working as an employee I finally pulled the plug on my W2 engineering job!Although it took a decade, Passive real estate investing gave me the security to leave a steady pay check behind. As I transitio...
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Colorado landlords will no longer have free rein to refuse to renew their tenants’ leases under a measure passed last month by the state legislature and signed by the governor. Does anyone know how if this will potent...
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I hired a real estate agent who will be looking to get a percentage on my purchase if I jump ship. After I found better properties on my own, he decided to "hop to work." He's really pushy and is trying to get me inte...
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I am two weeks into my first house flip. I started the business a couple of months ago and it took us around 50+ offers and lessons learned to finally secure our first house in the Bay Area, CA. The market here is ins...
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Just wondering what the tax implications are of paying a partner/contractor who is a non-owner a premium for the work done with a flip? There is no legal partnership formed or LLC, but should there be? I do realize it...
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Hello all,Is it necessary to obtain receipts for house cleaning of rentals ($60-$100), or is it sufficient to just make note of the dates it occurred? In my experience most of the cleaning folks/services do not give r...
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I have another question to pose to the group. We are in the final stages of purchasing our first vacation rental and we have a question about the logistics around person use of the rental. Within out property manageme...
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This has already been briefly talked about on here but I wanted to run it by anyone interested in a discussion(especially lenders). The quick and general idea here is; you have some cash, create an LLC, have that LLC ...
Here is the story. My tenants were 2 days late on the rent, when I texted them with the unavoidable question I got a reply "Hi, I sent you a memo back in June that we were leaving mid. August "What??? I never got any ...