The clock is ticking to tax day, and you could be stuck with a big tax bill. Thankfully, if you own real estate, reducing your taxes is easy. Don’t know which write-offs to take? We brought CPA and real estate investo...
LuAnn Vigen
installing central air/ raising rents
My tenant is requesting central air be installed this summer. We agreed to check into installing central air this spring when the sign the lease last fall, with the knowledge that the rent would increase if we did in...
James G.
For a Duplex does the landlord pay for water, sewer, and trash?
I received a bill for $1,300 from the sewer company, basically all of my cash flow. Is it common practice for the landlord to handle this? The units are not individually metered. Could I charge a set amount per month ...
Eric Benzenhoefer
Need Advice: Drawings for Permit
Howdy All,
I have an 11 Plex rehab project near Houston that you can read about here.
We could use some advice.
We are struggling to find an affordable solution to getting the drawings needed for ...
Matt Kowske
How to divide water bill fairly
I have been told that sub-metering this building is not a possibility (without spending ALOT of money to redo the plumbing). Currently, we divide the water bill among all the units every 6 months and bill the tenants....
Andrew Clark
Limiting Stove And Oven Use - Tenants using it to heat house
I have a handful of rooming houses with a very interesting clientele. Now that it is getting colder, tenants have started using the stove top and ovens to heat the house.
I've had more than one $400+ bill (with only...
Jason Schmidt
living off of cashing out appreciation?
I am still having a tough time understanding 'cashing out the appreciation' of a house - I still don't fully understand how it works, but I was wondering, does anyone here live off of that? IE - buy property for $150...
Jay Garrison
Chicago water meter installations on hold
Hello,I have an unmetered rental property in Chicago and my water bill is ridiculous. The city has put a freeze (pardon the pun) on water meter installations while they "investigate" problems with old/lead pipes. Mean...
Arthur Crum
RAD Diversified SCAM ALERT!!!
Hello,
I Just wanted to give everyone a quick update on the RAD Diversified scandal that is currently unfolding. As of April 1, 2024, RAD Diversified (a REIT), has officially put a freeze on withdrawing any and all ...