Ji Kim
Water Damage - Who is responsible?
Hi All,
Last week there was a leak from my heater pipe to the condo unit owner below me causing water damage to their ceiling and walls. The HOA told me it is the unit owners responsibility and that I would h...
Kim Hopkins
PM Report With Owner Distributions, Commissions, and TI??
Hello!
I'm looking for help with finding the name of the correct report to request from my property manager(s) that actually shows me what I want to see. Specifically, whenever I ask for a P&L OR a cash flow stat...
Matt W.
Noob dumb tax question.
OK apologies in advance if this is a dumb question, but I'm not quite getting it. Background, this is my first rental, manage and maintain it myself. In Wilmington, NC. Small 3br/2ba. Total payment is $794 and rents ...
Dylan Cronkhite
Choosing brokerage firm to work under
Hi my name is Dylan Cronkhite, after several months of studying I have passed my Washington real estate brokers examination!!! I am now in the process of applying for my license and choosing a broker. I have some ques...
Ian Handel
Security deposit question
My tenant changed out the thermostat in the unit (a lease violation) which caused the heat in the unit to not function. He complained to me, assuring me it was not the new thermostat, I called a plumber who charged...
Rick D.
Tax Savings from Rental Properties
I realize a real estate investor “makes money” in four basic ways. Cash Flow,Appreciation,Principal Reduction, and Tax Savings.In order to properly estimate my returns I need to assign a dollar value to each of these....
James M.
AirBnB With Co-Ownership and Depreciation
Ok, I have a weird situation here and at the get go maybe it sounds like a bad idea.
99 percent of the time I wouldn't mix investments with family/friends but I have this situation I'm trying to deduce if it makes bo...
AJ Van der Velden
New member in Ontario Canada
Good day Everyone.I live in Canada. Currently I have a mortgage for my principal residence. I am aggressively paying down my principal mortgage so I can have enough equity to purchase a multi family investment home (2...
Cory Ivory
Vacant housing, wholesale
Newbie to wholesale, I was wondering what is a great what to find the value of vacant houses in low income areas?
Rajesh M.
Shared access to rear units on adjoining duplexes
Am in escrow on a property here in Los Angeles county. The subject is a duplex (SFR in front on street, and another SFR in the back).
Looks like this used to be a 4 unit property in the past, with 4 homes on ...