Svetlana Kazantseva
General Contractors refusing to quote without them buying materials
Hi all! We have a really hard time finding a general contractor for our repair project in a buy & hold SFH in Kansas City, MO. We hired a property manager after purchasing the house and both contractors they sent ...
Shawn Stiteler
Tenant with no heat, can’t be fixed quickly
I am a relatively new landlord (1.5 years) and encountering my first major issue. I bought a duplex January 2021. The first floor unit had oil heat and I wanted to change it to gas. There was nothing wrong with the he...
Bien Nguyen
AirDNA data accuracy
I am researching some different areas for investment on AirDNA and noticed areas that are supposed to be performing well were different than what I have been hearing from the grapevine/networking. Curious about what o...
Jerry Gandolph
Best way to handle taxes on Flip house
Hello,
Im closing on a property today that I intend to flip for a profit. I bought the house via forclosure for $115k, will put about $20k into it and will list it for $225k. Im curious what is the best way to approa...
Grant Kemp
Hiring employees in a management company
I've started a property management company and need to hire on an employee to help handle the load, but I'm having trouble figuring out HOW to actually hire them. I have the person already lined up and ready to go, bu...
Ben Kirchner
Using credit card to pay mortgage for less interest?
I attended a seminar yesterday. I didn't know much about the company. I still don't know a lot, but the company was Renatus (myrenatus.com). The presenter talked about paying off your mortgage with your credit card...
Justin K.
Water Usage - Removing/Monitoring Washing Machine
Friday after submitting my water meter reading I received a call from the water company informing me that the water usage at my 6 unit property was twice the average and that I should expect ~$1000 water bill for the ...
MIke Brady
Overwhelmed First-Time Landlord Seeking Advice
Hi everyone,
I converted my former primary residence into a rental property. Financially, it's been a sound decision, but mentally, it's taking a toll on me. I constantly feel like I'm 'on call'. Even though my tenan...
Greg S.
Cooling issues on the top floor - HVAC issue
Hello, I bought my first rental property in December of 2016. It is a 3 story townhouse here in the Baltimore area built around 1900. I am having issues with the A/C cooling the entire house. The 3rd floor is noticeab...
Jay Nielsen
Electrical for Subdivision
When working with the local electric utility, how is the electric paid for when putting in a new subdivision? Is this usually a lump sum payment?