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Hi everyone, this is my first post and I am looking for some insight on a situation that has arisen.Background: I purchased a duplex in Milwaukee and inherited a tenant in one unit that is on a month-to-month lease. D...
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Twin Cities Investors, am I required to fix all items called out on the Truth In Housing report? I have a property that can be a quick cosmetic turn. There are some plumbing issues that don't meet today's codes. I ...
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Pictures of a few spots but every corner of the house is like this throughout. 1,400 sq ft.
Paint was a year old in great shape when she moved in and she was here less than a ye...
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Is the landlord required to return the full security deposit to tenants ( or partial security deposit with itemized list of what deductions were made) within 21 days? This is within 21 days of them returning the keys...
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Hi BP community!Have others found resources in your state/city that have provided explicit guidelines for landlord responsibilities for keeping items up to code? I’m trying to plan for an older property that I’ll swap...
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OK, being new to real estate I need the eyes of someone with experience.I get what this report is showing, but I am primarily concerned with the third page, point D: A permit is required for any of the following.... e...
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Last year I needed to move in with my mother to take care of her. I rented out my condo. I do not have a business set up. My question is how do I prepare to pay taxes on the income I have earned? Do I need to set up a...
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I bought a house in 2011 and lived in it prior to moving out at the end of 2014. February of 2015 I began renting the house. I am trying to determine my cost basis for depreciation. I know that it will be the lesse...
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I'm looking at purchasing a Duplex and turning the basement into a 1-2 bedroom, 1 bath unit. It already has a kitchen area and bathroom built out, but unfortunately it never passed coding for a legal 3rd unit. (I thin...
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Hello I have a house that I took a licensed contractor to so that I could receive a bid. The contractor text me later after our visit that his repair estimate is 69K. I thought that was a little high and said I need ...