Stanley Crawford
I didn't know I HAD to take depreciation
I would like to blame Turbotax for this mess but I know it my fault. First let me explain how I got in this mess and hopefully someone has some good advice on getting out of it. I started buying buy and hold rentals ...
Glen Gunawan
Advice on increasing curb appeal
Hi all, first time home investor here. Below is a picture of a Seattle SFR I'm trying to rent out - any advice on increasing curb appeal? Note I already plan on removing the trees.Some things I've considered that woul...
Jennifer Pletcher
general question
Okay - my problem tenant (that I inherited with the property) is at it again. She was doing really well.....no complaints for a whole two weeks! Thought we had turned a corner. The other day she called to let us ...
Jorge Vazquez
Advantages and Disadvantages of Section 8 Real Estate Investments
Section 8 housing is a controversial topic among real estate investors. The program comes from a housing law passed in the 1930s during the Great Depression. At that time, the government was focused on providing high-...
Ari B.
Which contract should contain rent credit language?
Searched the lease option forum but was unable to find this answer...user error I'm sure. Should language pertaining to a rent credit be included in the lease or the option? I plan to credit $100 to the T/B for each ...
George P.
inheriting tenants
some of you might remember that i am closing on a house in about 2 weeks or so. the house is currently owned by an elderly lady who is in nursing home. I think her two daughters act on her behalf.
Currently a niece o...
Account Closed
owner financing suggestions
have a 4 unit property that i'm thinking of seller financing...price--145,000....terms would be 10% downpayment, 8.5% interest amortized over 25 years w/ 5 year balloon...any suggestions?? i get that at about 1,003/mo...
Kevin Phu
Common Area Cleaning Responsibility
Need some landlord advice.I have a 4 bedroom SFR about 3 hours away that is rented out room by room. One tenant I feel like is going to move out soon. The last time I was up at the house (about a month ago), the commo...
McKellar Newsom
Has anyone used reverse deposits to get tenants to take care of their units?
Kevin Yeats commented on my "Disadvantages of Section 8" rental blog. He asked about providing "reverse deposits" as an incentive for tenants to keep their homes clean and maintained. He suggested giving $200 at t...
David Sisson
tenant complaining about musty smell in closet
I have a new tenant in my commercial property. They are complaining about a musty smell in a closet and have used the dreaded "mold" word. They are complaining about headaches. Honestly, this is their second day in th...