Mackal Smith
First 8 unit and Insurance is really hurting cash flow
Hey all,Up to now I have only bought 2,3, and 4 unit buildings. I have 15 units total and have had a lot of success so far. I just got my offer accepted on my first 8 unit apartment building. I ran my numbers includin...
Ralphy Rosado
1031 exchange question
If I sold my 35,000 rental investment threw a 1031 exchange to avoid taxes can i transfer that and buy a a house for 100,000 in florida and use that 35,000 as a down payment on the new 100,000 investment, and can it ...
Albert L.
over vs under rehabbing for rentals
[Context - duplex in jefferson/westpark area. rent - $1400 total (700 each). I would classify as B-/C+ neighborhood. Lower unit is occupied so I would only be renting upstairs]Got inspections finished over the weekend...
Brent B.
Cincinnati, Dayton, Columbus, Ohio residential MFRs
Interested in investing in duplexes, triplexes, and fourplexes in Ohio, specifically, Cincinnati, Dayton, or Columbus. I’m primarily concerned with cash flow but I do not ignore appreciation. Thoughts on these markets...
Rick R.
Ripoff AC repair company threating tenant
The A/C unit in my rental froze up one day during peak summer (in July). I was out of town and I authorized my tenants to contact an AC repair company as my regular AC guy had retired.The AC repair company sent a tech...
Obin Olson
1031 split up to 5 partners...how?
Scenario:1 commercial prop owned by 5 peopleGoal: sell it to me but they each want to split proceeds AND use 1031 to go buy individual props.problem: not doing a single like-kind exchange it looks like they can't spli...
James H.
Tiny House Insurance
We just purchased a property with a tiny house. The medium to long term goal is to destroy (or move it) and build. But, in the meantime, we have leased it month to month. It is around 400sqft. Safe, clean, and fun...
Jamie Scharbrough
Wanting the landlord to keep the security deposit because he's awesome
So we're getting ready to move. I've looked over our old lease and we seem to be okay. However, we've lived in this unit for almost 8 years, and the wear and tear is definitely more than yearly tenants. I know our pre...
Gabriel Britt
How to get cigarette smell out?
I have a 3 bedroom condo that was rented out for 2 years to a tenant. After an inspection, I noticed that there is a strong smell of cigarette smoke. Now they have moved out, but the smell lingered. How do I get that ...
Quincy Baker
1031 Exchange Question
I’m trying to understand the basics of 1031 Exchange.Q: 1. The benefit is that while capital gain taxation is deferred it temporarily frees more money (profits/equity) for re-investing is this the point? 2. Does 103...