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My tenants 1 year lease ended but I noticed 4 dents on the brand new stainless fridge (1 year old). 2 on the side due to a door banging on it repeatedly and 2 on the front. The panels cannot be changed. Can I deduct a...
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Hi BP! Once a tenant leaves and you have to get your property "fix-up" ready for a new tenant, what are you allowed to use the previous tenant's security deposit for?Are you legally allowed to use it to fix "wear &...
Has anyone used a residential conventional mortgage to purchase an owner occupied multi-family property without having prior experience as a land lord? I'm going to purchase a multi family property in Q1 2016. Keep i...
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They got him! The US has his body. We got him!
Another great thanks to all those who served and who were involved! Great job to all!
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I have tenants moving out in a week, and they asked for pre-inspection. It's just a couple with a dog and a cat. They stayed a little short of two years, always paid on time, but left more wear/tear and damage than I'...
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I am currently an investor in Phoenix AZ (I have purchased 3 multifamily properties and sold 1 in the past two years)
I recently passed all my exams and will be applying for my RE license.
At this time,...
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I understand that you can use a self directed IRA to buy a property (either in full or as the down payment). But say you use it all as the down payment, then you suddenly have a 10k repair that you need (roof broke, h...
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Hi,A wholesaler reached out to a land listing I had on Craigslist and made me an offer and we signed a contract. He’s now saying he can’t purchase the land because it doesn’t make financial sense and he doesn’t have a...
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My tenant is moving out this month and she is claiming that we have to give her a cashiers check for the security deposit and the pet deposit right away after the walk through or else she will go to court.
I ...
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Hi all, 2 of my business partners and I are set to close on an investment property in Chicago next Friday. The seller already had an all-cash offer, and it was a great deal, so we looked for a way to beat out the oth...