Russell Holmes
Anyone building new construction with tilt-wall?
This is basically an information gathering post, some things I've been turning over in my head. I've got a few clients considering new construction and I've connected with an architect/builder firm so I have a good f...
Robert Steele
At what point is tenant not responsible for paint and carpet condition
I had a tenant move out after 5 years and the carpets are absolutely trashed. They were brand new when they moved in. I know the IRS assumes carpets are only good for 5 years so I am thinking I should not deduct this ...
Account Closed
[Calc Review] Help me analyze this deal
Looking for some advice. This is a property in Indianapolis, IN. All the numbers are accurate. The purchase agreement was signed on 12/18.After receiving the inspection report I was very hesitant to continue. The sell...
Matt I.
long distance Short Term Rental -slow start, setting expectations
I purchased a long distance short term rental from a 'turnkey' provider back in December 2021. I went through the purchase process 100% remote, and my property manager has been doing the set up and staging. After bein...
Account Closed
Bad neighbors and the slumlord owner next door.
I have a rental in a lower income area that has about three quarters of the people living there are related or friends of some sort. This is a nice place to live except the new monsters next door. Next door a nice hom...
Steve Vaughan
My BRR (no Refi or Repeat) pics, #s and takeaways!
So I've been slogging through a 3-month rehab and rent house for the past 6 weeks. Condensing a large project in half as a DIY beaver that likes to build his OWN dam is not recommended. I took on a frantic timeline ...
Kenneth Garrett
Tenant Rules set by Landlord
I have a number of rental units where I use the MLS rental lease. I use this so I make sure I meet the state requirements. I do not have a list of guidelines and/or rules that the tenant signs other then what is in ...
Bruce C.
Quest for early retirement
Well, after seeing all of Sammy B’s post, i thought I’d start my own to keep track of how I’m doing. My goal is to retire by 50. I’ll be turning 36 soon. If I can average at least $300 a month per door, then I figure ...
Meghan McCallum
What is your best advice for turning a building "green"
Hello everyone!I am closing on a 20 unit building and my goal is to make it as "green" as possible. It currently has 7 vacant units, it is a 1928 brick building with a flat roof. So, I am looking for any and all of th...
Mark Updegraff
Share your WORST tenant requests?
Relative newbie to Landlording 101 (just over 2 years)
What is the WORST (stupid, funny, challenged etc) request a tenant has made to you? It can be written or verbal
I'll go first, I expect you more experienced la...