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My tenant made a minor repair I approved of which was needed. Is it better from a tax perspective to pay him or give rent credit for work done? He has done the job already and did it well. I'm trying to decide if I ...
I am looking at purchasing my first rental unit, more specifically a duplex or triplex. What types of questions should i be looking to ask? Basically all I understand is that I want to make sure I stick to the 2% rule...
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Hello Team!Like many of you, I work a full time gig for another firm. I usually put in 55-60 hours for my day job. Needless to say, I need to be smart with my time, and not get distracted with interruptions or shiny o...
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Hi all, So I have a feeling that I am paying way to much for insurance (I am a Newbie) , I have three SFR's in the Atlanta , Georgia area and paying an average of 1000 dollars annually for each (Landlord policy , cove...
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Hello, I inherited a home in a small town in Louisiana. Since I live out of state and there are no nearby managing companies, I decided to sell the home. I have had 6 people sign paperwork to buy the home over the las...
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Hi All,I would love to hear you experiences on funding major repairs on your rental properties. Two ways that I know are- Cash out refinance, line of equity. Are these the best or is there something out there?I only o...
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Hello there,Summary: HOA charging for cars parked on tight street, wrong side of curb across from my property. Tenant is implicated by the HOA and warned verbally 3 times (as is required by the HOA CC&Rs) then fi...
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Hi All,So here is the full story, abbreviated version:- Tenant A brought girlfriend over to the house, Tenant B brought friend over to the house- Girlfriend and friend get into physical altercation, both asked to leav...
I'm purchasing a property in Starkville, MS, so that my child who's attending MSU will have a home to live in and I can rent out the other rooms to have an income generating property. I've got a contract on a 4 bedroo...
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I have a property for sale on a hard money loan which is due in 1 month. Property is under my LLC. I do not want to refi under my name and keep the property. I want to extend the hml, interest only, and rent it out. I...