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I'm considering "rehabbing" or improving about 76 units that I own which is a portion of my older portfolio. These properties have been good cashflow properties, but they are more maintenance intensive since they are ...
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Hello! Last October I moved from my former home and am now renting it out (to my daughter and her boyfriend). I understand that I can deduct repairs and maintenance, though not improvements. My question is, does th...
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Hi All, State: IL My tenant is finally due in Court this Wednesday for the first Eviction date. Since he has been served the summons we have received multiple text messages from him that he is starting an "in-depth" l...
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Hello BP,
Would like your advice here.
I recently purchased a building and I just received a debt collection notice from the prior owner's AT&T cell phone bill.
The owner ordered the cell phone under the prope...
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I Found a multi Family (4 Units) Property that I am interest in. The Owner posted that the yearly expenses are $9700.00. I checked the Assessor website to find that the Property Tax is about $6000.00.When I subtract t...
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Hello my name is Elijah, I am a 24 year old firefighter. I am currently looking to purchase an investment property. I live at home with my parents currently and am trying to save money for a down payment.
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Standard structure is a % of 1st months rent for a PM to place a new tenant. Included in this fee would be any agent commission if the tenant was represented by an agent. If tenant finds property through many of the...
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One of the investors in my local REIA is looking to retire and is looking to sell couple of neighboring four-plexes in a decent area of town (across the street from an elementary school) sometime next year. I am ...
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So I’ve heard all about the issues that can come from accepting a section 8 voucher that only partially covers rent – the tenant is only responsible for $50/month, but still won’t/can’t pay it, and you wind up either ...
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I a new investor who self-manages my property and need some advice.Currently, when there are plumbing issues, I have a plumbing company come to the house and I have to meet them there. It’s not close to my house and ...