Michael Sura
Multi family management
Hello all, I have a question for people with experience in muti-family real estate. In the past year i have acquired two 4-plexes and have really enjoyed the multifamily investments and i would eventually like to b...
Ryan Kurth
What can REO holders do better or offer buyers?
Sounds like a simple enough question, but with many complications. I'd like to hear your ideas on what banks, the GSEs and FHA could be doing better in order to unload their REO inventories (faster and while taking r...
Karen Young
Basis of depreciation calculation - sale price? tax assessment?
Good morning everyone!Let me thank you in advance for taking the time to help us newbies!Question: to calculate depreciation, what price do you use? the county tax assessment, the sale price, or the appraisal price?2n...
Mark Dreher
Property Management common practice procedures in Cleveland Ohio
My wife and I own several SFR rentals in California that are being managed by a third party property management company. In California, our tenants pay all of their own utilities that are placed in their own names at ...
Levi Graziano
IRS Tax Lien Purchase
I currently have a contract on a duplex. The day before closing my agent called to inform me the property has an IRS lien against it. We were supposed to close Sept 22. I'm on my second extension now, loan is locked u...
Jimmy Jean-Louis
Out of State or Locally
My name is Jimmy I was able to save $20k for real estate investment. I have a 30 day challenge to buy a rental unit, single or multi. My price range $50k - $80k. I live in Texas Dallas / Fort Worth. It's very...
Neil S.
Break-in: broken glass door and gate, who is responsible
I have a storefront unit in NYC that was broken into thru the glass door. Who is responsible for replacing the door, the landlord or tenant? The tenant also wants a metal gate installed for protection. Am I respons...
JB B.
Lease renewal options
hi,
I have a tenant in a property who is starting to have difficulties making his rent payments. so far he has been paying on time, but recently, he has warned me ahead that he is waiting for client's payments (he is...
Tracey Thornton
Trading properties with nephew using Quitclaim deeds.
I own a 5 acre vacant lot in the country. And my nephew owns a 3BR house in a near by town. He and I want to trade the house for the property. I paid $52k for the property in 2007, and he paid $44 for the house in 20...
Nick Fitzpatrick
Commercial office space leasing tips
My family has a smaller office space building in northern California (Healdsburg if anyone is looking for some office space!) and one of the long term tenants is moving out in a few months. I still have not reviewe...