Margaret Feit
Reporting Personal-Title Properties on a Partnership Tax Return
My husband and I are members in an LLC partnership that owns several rental properties. We also have a handful of properties that are titled in our personal names because we have mortgages on them that had to be in ou...
Ann Wu
Tenant is threatening about sign of poison
My tenant texted me that he is showing sysdams of asbestos poison. He will be live there a full year at the end of March. My property is built in 70's and I didn't know anything of the asbestos. The property is a town...
Skyler Walker
How do I let applicants down, sincerely and professionally?
I have just purchased my second investment property and fortunately had a slew of applicants. I had no issue sending correspondence to those who did not put applications in however I am having writers block when cons...
Christopher Stewart
High End Class A ENTITLED renters
I have had a couple of typical 3 bdr/2bath suburban long term rentals over the years and generally the tenants are pretty realistic. I recently moved out of much more expensive home and renting it. It's 7k/month rent ...
Christian Bors
Tenant's friend almost attacked me (move out inspection)
So last night my tenant and I went through our property move out inspection walk through. I had bought this property about 6 months ago at auction and inherited this tenant. Needless to say, the place is destroyed. ...
Jonathan Arehart
Turnkey Real Estate: Negative Memphis Invest Review (LONG)
TLDR: Over the course of a 3-year relationship with Memphis Invest, I had multiple negative interactions and moved my portfolio to a different PM.
I am in the Air Force and move every 2-3 years. I’ve always been inte...
Michael Ealy
41-Units No Money Down Deal $627K Profit in 15 Months - How?
Yesterday, we closed on this 41-unit apartment deal and netted $627,643.32 in profit (just from the sale). We actually made MORE than that because we've made good cashflow from the apartment building during the time w...
Matt Leonard
Trumps New Tax Plan, Does it hurt RE Investors?
While its only a couple hours old, everyone probably hasn't had a chance to fully digest it, and isn't finalized... does this new tax plan help real estate investors? A couple key areas that have me concerned;Let me ...
Ronald Perich
Being a licensed agent means the law doesn't apply to you?
Let me preface by saying I have a genuine interest in the answer and I'm not trying to stir up the passions more. I'm really just trying to understand where my logic is faulty.Here's the scenario.The big thread right ...
Cameron Bock
Rogue Roofer: A Property Manager Story
The story you are about to read has transpired over the past 6-8 months. There are areas in which I made mistakes and contractors made mistakes. This is completely factual, and, looking back on it, was a great learnin...