Hi, we have a lease that allows dogs as long as they are on a leash at all times when the dog is outside and on the property. This is specifically stated in the lease. It's a safely issue for us, as we live in anoth...
All,We are planning on doing a REHAB that will require all new plumbing, roofing, flooring, foundation, electrical, etc. We will be going sparingly on the weekends to see progress but for those of you who do out of st...
I got a call from my tenant yesterday that the bay window in our rental unit has been smashed in by vandalism. I submitted a claim to Allstate, and the promptly called me to today to let me know that my landlord's po...
Hello,I had some renovation expenses in 2020, for which I was not able to issue 1099 forms on time and to send out to the subcontractors. Does IRS accept carrying those expenses over to 2021 if I issue and send out th...
Hey Guys! I'm closing on my first Multi Family in Mass and I'm told I can't close in an LLC because the banks will not give financing to an LLC (even if I co-sign or guarantee the loan). I have had some people tell ...
Hey everyone!
Was hoping to get some advice on this house I just purchased. I'm considering joining the 1st floor of the house with the basement and calling it a duplex. I know that in NJ you can't technically have...
I'm in the process of buying a 7 Unit building and a title issue came up where the original mortgage has not been shown as discharged. The building went into Foreclosure with the bank around 2008-2010 and was sold in...
We had problems with he septic tank at our rental house. It took 2.5 weeks to fully repair. We found a problem, fixed it, happened again, fixed another problem, happened again, 3rd time is a charm and it appears to ...
Hi everybody and thanks for the great place to learn REI.
I have a 4-plex that is almost renovated and I'll be turning it over to a PM real soon. I had the idea to get a satellite TV account and connect 4 receivers ...
Ran into an issue with financing. We got an offer accepted for 132K for two SFHs we plan to rent. Our lender won't do one blanket loan and with the required 20% down payment, it drops the value of each loan too low an...