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Our tenant, without permission, painted original shellac woodwork in her apartment. We are restorers and this was original untouched woodwork in a 90 year old house.We are of course furious; she is non repentant but w...
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I've had a problem tenant for months, literally from the moment he moved in. Complaint after complaint after complaint.To cut a long story short, recently there was a leak from a pipe in the condo, nothing major. I se...
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Good evening BPers,Help/ Advise needed :) Today we have run across a fire/ smoke damaged property, it’s off market, the owner has got paid by insurance company, he is asking ~195K, the ARV ~400K. it’s a very nice 2 ...
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Hello fellow investors,
We have been investing single family homes in Charlotte and nearby areas. The lenders we were working with, are currently asking for more than 30% down payment because of their concern over th...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $85,000
Cash invested: $160,000
Sale price: $218,763
Purchased from previous clients & the negotiation incl...
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Investment Info:
Townhouse buy & hold investment.
Purchase price: $63,000
Cash invested: $70,000
Sale price: $215,000
Project Overview:
A E Talley Construction LLC is embarking on a single-fa...
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Hi everyone,I have a question specifically about claiming expenses (tax deductions) on "major" renovations/repairs for rental properties, specifically in Canada (but perhaps US has a similar system).As far as I'm awar...
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Looking for advice on a specific tax situation.In 2019 I had to repair some rot in the structure of one of my rentals. They ended up needing to remove and replace 2 of the larger windows. Finishing up my taxes now and...
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Investment Info:
Single-family residence fix & flip investment in Clermont.
Purchase price: $220,000
Cash invested: $42,534
Sale price: $295,500
This property was an REO. The condition was f...
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Landlords and property managers don't like the word mold and I totally get it as it can be quite costly if found at the wrong time. I've worked with a lot of property managers and landlords on mold remediation project...