Robert Steele
At what point is tenant not responsible for paint and carpet condition
I had a tenant move out after 5 years and the carpets are absolutely trashed. They were brand new when they moved in. I know the IRS assumes carpets are only good for 5 years so I am thinking I should not deduct this ...
Kel S
Would you invest in a 3 or 4 Bedroom???
We looked at 2 houses today.
The first one:
One was a very small (780 sq ft) 3 bedroom. Build 1940's. The living room was tiny...12 x 11. Then 3 small bedrooms - 12 x 11, 10 x 9 and 10 x 8 and 1 bath. Beautiful new...
Account Closed
2,200 mailers, 5 calls. What to do next?
So I started my direct mail campaign almost a month ago. The first batch of postcards went out on Feb. 1st.I got 3 calls on the first 1100 post cards that went to out of state absentee owners in areas surrounding Denv...
Tim Kaminski
Concrete Yard! Ideas?
Hello,Did a quick search and didn't see anything like this similar so here we are.I am currently under contract to purchase my first Duplex in Mid February. Its a corner lot with both a shed and a carport. The quest...
Alex Kovalenko
Good Tenant? Refuses to do background check
Hey guys - we just started renting out a unit and have someone who is interested but refuses to do background checks (says: I am not applying for a job - why should I do a background check). He claims to have sold his...
Steven C. Suarez
Successful real estate investor AND minimalist? Possible?
I love the idea of becoming a successful buy and hold real estate investor. Accumulating houses for cash flow. And more houses. And more houses. And more...etc.. Thing is I've always wanted to strive to live a minimal...
Zachary Schimenz
WARNING: Don't Use Ohio Cash Flow unless you want to lose thousands of dollars
I'll keep this short. I bought a property from them for $85,000. After I bought it the property appraised for LESS THAN HALF that amount. On top of that they promised a "fully renovated property" - then a few years la...
Sean Kuhn
Tenant wants month to month lease
An existing tenant I have wants a month to month lease. I'm okay with that. What's the best way to do paperwork so I don't have to meet with them every month to sign a lease.
Mariah Jeffery
Considering first flip
I have several properties that I bought to hold, possibly until death. Several of those were fixers, but I've never attempted a flip before. (When I say "I", I mean my team, which consists of my retired father and law...
Lucas Procopio
Investing in low income cities
This is very broad so I just looking for some past experiences one may have had, I'm 25 years old and currently hold a solid union job in western PA about an hour north of Pittsburgh. The city I'm in is a depressed ar...