Lamont A.
How do I handle HOA fees and rental cost
I'm in talks to purchase a townhome as an investment to be used as a rental. This complex have an $218 HOA fee that includes water, sewer, cable, lawn care, Ext. insurance. So what is the best way to structure this? I...
Jeremy S.
How do you handle the awkward phone call when....
your direct mail letter is sent to a seller who has their property listed with an agent? I forgot to add the "please disregard this letter if your property is listed with an agent" to my latest round of mail. The fi...
Mike Wood
How to handle realtors bring prospective tenants (commission/fee)
I have been a DIY landlord for 7 yrs now, and recently I have put up a unit for rent and had an real estate agent working on behalf of a prospective tenant. This is the first time this has happened, but thanks to the...
Andrey Y.
Tenant moves out early, how would you handle this?
I had a tenant that unfortunately had some financial difficulty and had to move out (her husband lost his job). I suspected this vaguely last month when the rent came in two separate installments.She has payed up unti...
Kevin Trumbull
How do you handle your vacancy/maintenance/capex reserves?
I'd first like to note that I am not yet a landlord, but looking to buy a property to rent out before the end of the year.I have some questions on how you handle your vacancy/maintenance/capex reserves? For example, ...
Zachary Morrell
Renters lie about pets- How should I handle this?
I am buying an out of state investment property. I recently had my real estate agent go and check out the home. He took videos and pictures for me to have a reference of the condition of the property. This property...
Nate Hananger
What type of lawyer handles the secondary debt market?
I am in the process of potentially investing in debt (i.e: promissory notes, overages, judgments, etc.) to broaden my portfolio. Specifically buying from individuals who are owed money in various forms. I used to brok...
Jay Staudt
How To Handle Improvements On the Sale of Rental
Let's say, for example, I put a new roof on a rental and it cost me $7,000. I've since depreciated a total of $2,000 of the roof's cost on my annual taxes each year since.
When selling a rental property, Net Adjusted...
Burt L.
How to handle Jerk Buyers on a "Foundation House" ?
Been trying to wholesale an MLS property with a huge margin that most people run from as it needs a wall re-bricked and floors leveled on one side of the building. People don't look at it as just another check to writ...
John Lamb
How to handle post-possession closings with wholesale company?
I'm looking at purchasing a property from a wholesale company but the current owner will have a 30 day post-possession closing in order for them to find a new place to live. When I called the wholesale company, they s...