B R
Going on vacation out of the country--who should answer tenant calls?
We are going on vacation in August and wondering whom we should get to mind our "store" of 3 SFH's while we are out.
Thinking of having a friend with property management experience take the checkbook and the bat phon...
Mariah Porter
House hack plumbing expense, who is responsible for the cost?
I am currently house hacking my first property. I rent out two bedrooms to roommates and live in one of the other bedrooms. I just had a sewage line blockage that caused a backup into on of my basement bedrooms. I had...
Cory Melious
Tenants plugged drain and septic tank with tush wipes. What to do?
Got an emergency call last week that one of the units toilet wouldn't flush and was backing up into the shower. My plumber went and discovered tush wipes sitting ON the toilet tank while trying to test the toilet. He ...
Todd Knudson
Tax question on a direct ira rollover
I did a direct rollover for a rental property.question: Can I deduct repairs from the remodel as well as take advantage of the depreation schedule as i do on a triditional financing.
Linda Thomas
Tenant replaced stove without my knowledge and now issue with stove
Hello,Tenant lived in unit for 9 yrs. Gas stove was new when tenant moved in. Tenant vacated unit last week and we noticed a different stove in unit. We questioned tenant and they said about a month ago the stove stop...
Sheri Ulm
Tenant moved, left personal items in unit in Ohio. What next?
Hello. I have a rental in Ohio that 2 tenants were splitting the rent on. One of the tenants possibly has some mental issues. Both tenants were using a Help Crisis Center to pay their bills and my rent checks were com...
Peter Kopchik
I want to force appreciation.
I want to force appreciation in my property to have a better refi or heloc. Im looking to add a bedroom and bathroom to my first floor utilizing additional floor plan space. I would do most of the work myself. How muc...
David McFarland
Appliance depreciation in rental units
I know you are not my accountant... So speaking in general terms:
I have several appliances that are pretty old in rental properties I acquired this year (ex: a 14 year old washer and dryer). When I plug in the num...
Samson Tefera
Hard money lending for first time investor?
Hello I am new to this site, wanted to know what you think about using hard money for the very first flip?Thanks
Michael Conway
Estoppel Certificate does not match lease terms, priority?
I recently purchased a duplex. The existing tenant lease states that they are responsible for pro-rated water costs, however on the estoppel certificate it was checked that the landlord is required to pay water and d...