Stephen Homes
What to do when some of the tenants in a rental leave?
I have a NJ rental (good 5 bedroom rental house, but not so good neighborhood and therefore not so good tenants). 3 adults, 4 kids and pets. 10 months prior to the end of the lease (All 3 adults signed one lease. No i...
Zocky Zhang
what tax form for rental property in philadelphia,
I live in MD and have rental property in philly, what pa tax form do i need to file?
Do i need to pay income in both states?
Alex N.
Water damage and tenants "education"
The story is pretty typical: inherited tenant did not report leaking bathtub faucet, it caused water damage downstairs and was reported by the tenant from below. Water damage is not huge, hopefully I would only have t...
Josh L.
Framing bathroom mirrors
Awhile back, I updated the bathrooms with new vanities, granite countertops, and new faucets. But, I don't think I really saw increased rent on those upgrades because 1) the kitchen also needs to be updated2) the bath...
Aaron Heers
What are the best jobs to have when investing in RE
I've been looking into a career change for quite some time. Hopefully one that will propel me further into my real estate goals. I know most will probably say any type of lending/financing, but I do not have a backgro...
Bryan R.
Short Sale clause: No LLC's allowed
Ran across an interesting short sale today. Listing agent had uploaded some relatively strict offer instructions and among those was
1. No LLC's or Assigns
I hadn't seen that before, so I call up the listing agent. ...
Jeffery Wilen
“Bogus” maintenance request
Looking for some insight for a situation, primarily curious how others would handle.Had a guest contact us requesting someone to look at the drain on the tub/shower because even after a couple hours it wouldn’t drain....
Jeff Rabinowitz
Property Manager Posts Inspection Videos to Youtube. Should I Stop This?
I have several rental properties, some I manage myself and some are managed by a property manager. The manager has started a new procedure where he sends an inspector to create a video for the annual inspection a...
Marc Freislinger
How much would you pay...
Just out of curiosity, what would you pay for this?
4 Two bedrooms, one bath
No less than $400/mo, identical units in next building are going for $475.
Needs 20k in rehab
...
Kristin Denne
Disclosing Lien(s) on Forclosure
Hello,I am possibly putting an offer down on what would be my first house to rehab, but I am concerned about any potential liens that might be on the house since it is a foreclosure. If I am going through a real estat...