Shawn Choi
How to address an unkept unit
Hello,I am planning on putting my 2019 built property on the market, which has an income that is above the market, and cash flows exceptionally. With my listing agent, we did a quick inspection of one of the units pri...
George Genovezos
Anothe bonus depretiation questoin
Hi all,I have a question regarding bonus depreciation. I purchased a 14 unit last year, and one of the units was down. I had to paint, replace floor, add a kitchen countertop and cupboards...Do all these qualify as bo...
Barb Nitecki
New to investing
I've found a property I would like to purchase, but I'm being told I cannot add any money to the loan for rehab. What are my options?
Frank Underwood
Non-real estate professional in Asheville NC late to the party!
I'm an accidental landlord and REI in Asheville, NC; very fortunate to acquire a great duplex in West Asheville for my foray into the REI space. I continue to pad my social security contributions full-time with the ho...
Account Closed
combining 1031s
I have a property I plan to exchange.
Can I do a combined reverse exchange and a construction exchange for the same property?
Because of the market here I may not be able to sell my property prior to finding a repla...
Account Closed
costs of rehab?
Maybe this is a better place for my question:
One house I'm looking at is listed at 160,000. The outside looks very nice for the area, which is probably middle to lower middle class. Neighboring houses are similar, an...
Sheba Shimoji
Deposit from inherited tenants
Hi,We are closing on 14 unit property on next Tuesday! I am so excited! This will be our first time inheriting tenants but the previous owner did not do move-in inspections on any of them. How do you justify to use th...
Prajwal Amatya
Property smells like cigarettes
Hello Everyone,I made a rookie mistake and bought a property that smells like cigarette smoke. When i bought the property it was already painted and everyone involved in the deal made me believe that cigarette smoke ...
Tyson Head
2/2 Condo with attached garage and storage
Investment Info:
Other fix & flip investment in Vernon.
Purchase price: $205,000
Cash invested: $40,000
Sale price: $255,000
2/2 Condo unit with attached garage that we purchased from the rev...
Coco Zuniga
No pets in lease, saw cat in window while driving by property
K, so I know these are the kinds of things I signed up for when I became a landlord, but man, I'm not a happy camper...I drove by my property and saw a cat in the window of the house. My lease has a strict no pet poli...