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I am fairly new to land-lording and this is the first time this issue has come up. In June I had two rental properties that had water leaks causing a high bill at one property ($217.00) and an extremely high bill (ove...
Scenario:Sell a rental I've held for many years in an LLC. Net $250K1031 the $250K into my former primary residence which has been a rental for the past year, but lived in 2 of the past 5 as my primary res. I hold t...
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Please help,
We recently purchased an investment property. For context this is a cabin in the woods. Upon purchase we found out that our next door neighbor is a “dog breeder”. He has 30 plus dogs that fight all day l...
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Hello All,I hope everyone is well and doing great in their investments. This post is in regards to a turnkey product that I've had under contract for a while and am nearing closing. The house is a 4br/3ba. It is in th...
Hi BP!
I recently looked at a 1950's home, and during our inspection it came to light that a material called "Cemesto" was used for the (flat) roofing structure.
While the roof seems to be structurally sound, in res...
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I’m planning on buying a house (under contract now) doing the major repairs and renting it out to a coworker who will be accepting the house in livable condition but who wants to paint interior (which it needs despera...
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Hello BP,
If you a real Estate Investor in New York, you are going to want to weigh-in on another ridiculous regulation designed to help marginalized tenants in the city that will - in-effect - marginalize landlords ...
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http://www.bloomberg.com/news/articles/2015-03-10/new-orleans-is-auctioning-off-vacant-lots-onlineWhat do you think? Based on what I know about the town and local economy, I wouldn't be rushing at these vacant lots. N...
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Facing a difficult situation today. One of our landlords owns land for development which has become a favorite stomp for homeless people living in the woods. To add to the dilema, the hotel across the parking lot from...
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I had just got an email from my new tenant that decided to vacate the premises because she had "discovered conditions within the apartment that she deemed unacceptable for her to continue with her lease." She claims t...