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If you do some maintenances on your rental property, such as fixing a clogged toilet, replacing a broken door, etc., can you count your own labor as expenses?
Thanks
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In the process of closing on my second property, a duplex in Saint Paul, the appraisal came back with an asterisk related to some basement water issues. The lender won’t close until the seller addresses the issues. So...
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We have a room in one of the common areas that is about 150SF (15 FT by10 SF) and I'm wondering what to do with it.It used to be a second Laundry facility but there is no real need for that in this property so we wan...
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Trying to figure if this is a red flag or its something common for roomie housing.I am looking Tenant for a room, he moved to town so searching for job and has bad credit ~500 . He said its beacuse of covid but he got...
Hello,
I am new to real estate investing and wanted some guidance regarding mortgagees.
In the later part of last year I closed on a triplex in the Los Angeles area that cash flows and is currently fully occupied. ...
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I'm trying to place tenants for my first rental property. Yesterday, I was in the middle of vetting potential tenant applications, etc, when out of the blue, I get this phone call from a very well respected local/regi...
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I have a tenant who suffered a stroke and currently is unable to drive her car. Her license plate tags expired but she filed a non-operated vehicle notice with the DMV and was approved. She provided the approved non-o...
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I had 2 rental properties in Chicago (I dont live in neither). One of them became a nightmare so I sold it a few months ago. I sold it for way higher than I bought it. I have all this cash in hand and I feel IRS is go...
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I am 19, Currently in college, have a 790 TransUnion score, never missed a payment on any of my debts/loans. School is all paid for by scholarships so all my debt is in 4 rental cars that my parents helped me co-sign ...
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Hey guys, I was just curious- on the first mobile I flipped I went downtown and filed the paperwork my self for purchase...which obviously saved some money. But was a huge hassle. The next one I used a title company f...