Andre' Arceneaux
PM not collecting utilities from tenant
Good Evening,On a SFH I have as an out of state owner, I have noticed that PM has not collected utilities from tenant since they've moved in (going on 4 mos now). I pay from my account on an auto deduction and expect ...
Morgan Gruelle
Tenant Notification New Ownership and new Payment method
Hello, I purchased a triplex back in July and just signed a 6 month contract with the management company that was currently managing the property. Up until now they have been collecting the rent every month and transf...
Gina Mills
Phill Grove
Good evening All,I am thinking of attending a real estate workshop. Has anyone ever heard of? and if so, please advise. Thank you.
Rocky Lalvani
What’s fair for repairs on move out?
I have read some different responses on what to charge for when tenants leave.I have 2 tenants leaving this month. For the one they were there a year and had some minor paint damage / holes. Cost of repair is $150. I...
Luke H.
Questions a out moveout charges, (do/how) you respond to ex-tenants?
Hi all, hope all is well. 20 days after move out accounting letter sent, ex-tenant sent email asking about the charges on the move out. He thinks the charges are too high, that he wasn't responsible for some items, ...
Patrick Philip
How do I run comps for my house rehabs?
I'm trying to run comps for house rehab projects. I was instructed to run comps like this...Look for 5 comparable properties. Start my search within 1/4 mile and 3 months, then go out to 1/2 mile and 6 months, then to...
Devin Keener
How does the $150k AGI rule work for real estate tax deductions against w-2 income?
I'm new to real estate investing and own one rental and a primary residence. I recently found out about the separation between passive and active incomes and that there are rules about crossing the line on how you can...
Candace Berry
Buying & Selling on TERMS question
I am taking the advice of Robert Kiyosaki (Rich Dad/Poor Dad) and many other seasoned investors and attending a seminar tomorrow. I doubt the validity of this method but opted to attend because it was local, relativel...
Kris Fox
Negotiating with 2nd and 3rd mortgage holders for a MHP
I'm looking at a 10-unit mobile home park that has a tax value of 260k. It has total notes as follows:
160-170k 1st
80k 2nd
6k 3rd
for a total of 246-256k
How would you go about negotiating with Junior lien holder...
Jonathan Steele
New Real Estate Investor
Hello Everyone,
My name is Jonathan Steele. I live in Baton Rouge, LA and have been reading and researching real estate investing for a few months now. I still feel as though I don't know much, and would like some he...