Dante Moore
Contractors charging fees for pulling permits
Is it customary for an electrician to charge a fee for pulling permit plus the cost of the permit?
I was sent a code violation for work that wasn’t completed 2 years prior to me purchasing the property. I called ...
Angela Vargas
"What Happens 10 yrs from now is not your problem"
I was recently on a phone conversation with a fix and flip investor who was giving me advise on rehab costs. I explained that a particular house I was thinking of walking away from was not a good deal because it was t...
Laura Yoerger
Deferring costs of Solar Panels
Does anybody know if it is legal to make tenants pay the monthly solar panel lease fee and what the solar company is charging for the electricity generated? The lease that the property manager set up, that the tenants...
Heath Watson
Good or Bad Deal? Duplex
2 bed 2 bath 1780sq ft. Each unit is 1 bed 1 bath which is a downside. One side is rented for 550 atm but I know rents could be raised some. The other side is gutted and 10-15k would get it rent ready (maybe could tur...
Jeremiah H.
Do you prefer to collect late fees or not have them at all?
I got into a discussion today with a local property owner that manages most of his properties in house. He loves the fact that his tenants typically pay late and he collects late fees. It got me thinking about the var...
Adam Sumegi
Completed ADU apraisals california
Does anybody have accurate up to date information on how a newly build or a renonovated structure will be appraised if it is a detached ADU . I have been told that it will be asessed differently on square footage to t...
Roy H.
How much work are STRs really?
Everyone says LTRs are passive, STRs are work.But why? What exactly makes them more work that can't be automated?Let's assume you self-manage. The most prominent problems that I can think of are:Booking/screeningClean...
Jeremy H.
What kind of Form/Estimate Sheet do you give your contractor?
Wondering what kind of form/estimate sheet you all give your contractor?I've completed various renos, usually on the smaller side <40k and always used an excel spreadsheet with what is to be done, kind of broken do...
Michael Glaser
LLC: Which State Is Best?
Closed on my first rental home this spring. It's been two months with renters in the property in Kansas City. I'm looking to start an LLC before my next, but I'm also out of the country about 7 months a year while I'm...
Alan B.
Received my first "landlord emergency" phone call.
Received my first "landlord emergency" call the other night.Quick back story about my experience since I don't post often: I'm a new investor managing and rehabbing a duplex right now. The lower level is rented out wi...