The coin-operated washing machine in my 4-plex required repair and I overnighted the master key to an appliance repair company in Colorado Springs, as I live 4 hours away and could not immediately be onsite.After the ...
I recently purchased new appliances for one of my rental units. Can I include the purchase in my operating expenses all in one year, or do I have to expense them over 5 or 7 years? Thanks!
I am revamping my lease agreement and I am wondering what to do about some of the appliances. I have appliances like the refrigerator and washer/dryer available with the rental because they were leftover appliances fr...
Do you typical include washer and dryer for renters?
Also what is everyone's thoughts on providing a dishwasher?
I haven't made an offer yet, but the house has a gas water heater and dryer (don't know about the range). Is it expensive to convert these to electric? (not in terms of getting new appliances, but in terms of adding n...
Hello! I’m new to the MTR game. I’ve been doing LTRs for a few years. Can you provide me with some guidance on lease agreements for MTRs. For example, I lease a property on furnished finder for 3 months. Is the lease ...
I have a fourplex in Michigan that has a common room that is set up to serve as a laundry for the 16 total adjacent units. Very small rural town.
I had never looked up the numbers for laundry. I was set on transform...
Hi, I have a tenant who has requested to use the SFH she rents from me to operate her dog grooming business for a few months until she can find a more permanent establishment. I'm inclined to say no given the addition...
Just want to check my understanding. When people discuss Cap Rates, I think it subtracts off for all cash expenses EXCEPT Capex. Is that right? Is there a measure that subtracts off for Capex?
Through managing many properties, I continually see my tenants turn to renting or lease to own appliances. Not that there is anything wrong with it, but the tenants are basically getting ripped off and end up payin...