I own a condo that in New Jersy. Due to water leak in my condo the neighbour downstair had his ceiling damaged. His insurance company paid him a claim of $950 and sent me a subrogation letter that now I owe this amoun...
Hello!
A lease agreement has just been signed by two tenants who will be moving in November 3, 2023. Unfortunately, I had put insurance on the back burner as I was navigating through finishing up renovations and mark...
Hi, my name is Tat. My wife and I live in one of the most competitive markets, the Bay Area (San Francisco). We are looking to buy our first property hopefully next year. To be able to afford in San Francisco we'll ha...
When I have a common expense such as buying a tool (i.e. a lawn mover) that I use for multiple properties, how do I allocate the deductible expense to the multiple properties I own? Based on net rental income?
Welcome to the comprehensive guide on quick fixes for common plumbing issues in rental properties. Plumbing problems can arise unexpectedly, causing inconvenience for both landlords and tenants. Let's explore simple, ...
I'm looking at BRRR-ing in the greater Dallas area specifically east Dallas (Garland/Mesquite area). As an out-of-state investor from Colorado, I'm curious about commonly overlooked rental or rehab expenses? i.e. I he...
Edit - wont let me fix. Common ‘Reasons’ why the mf property is for sale?
I know this is question greatly varies, but i only own sfhs.
It seems they are typically listed because the seller is moving, downsizing, e...
I’m going for my first investment in SFR with a few friends. I was wondering which would be better - to create a Property LLC or have Tenancy in Common agreements ?Can I buy a property , and then create an LLC and the...
I own a rental property together with my business partner through an LLC (title is held as TIC). We purchased the house for $500k several years back. I plan on moving into the property as my personal residence now, an...
One of the municipality auctions I am going to has a large number of tax liens on delinquent HOA common areas (i.e. things like the right of way at a main entrance to a suburban housing development). The properties wo...