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I have had a run of pet issues recently in a building (and tenants) I recently acquired - fleas, urinated carpets, digging, etc. I would appreciate any suggestions you have of my much reworked pet addendum. Especial...
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Hi BP,I am currently searching for a property management platform. I currently only own 1 rental property but hoping to close on 2 Duplex's before the end of 2016. I want to have all the systems in place before I be...
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Hi,I am a single family home investor, however we are looking to sell our primary home in Chicago and moving to Dallas this summer.We have bought the Chicago home in Nov'22. Would I owe tax on the profit I make on the...
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My current property manager wants to charge one month's rent (plus 10% of all rents) to manage a property newly vacated. This is a duplex and they already have a contract to manage the duplex, but they are saying they...
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Here is a pretty noobie question:
I have 2 houses, in the same neighborhood, about 2 streets apart.
1. First house, is smaller (about 1100 sq ft), 3 bd/2bath, brick, selling for $50K. Rehab to make it RENTABLE is a...
Investment Info:
Single-family residence buy & hold investment in Newport News.
Purchase price: $110,000
Cash invested: $50,000
What made you interested in investing in this type of deal?
...
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We are looking at a 4plex in a strong C area. Our realtor just got us the utility bill info and I’m taken aback at the expenses for the water/sewer. The city quarterly bill has broken down the expenses into separate w...
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I have a new prospective tenant, after reviewing my lease, inform me that he believes I am not allowed to withhold ANY of the deposit for cleaning/ or carpet cleaning.Hes telling me that its wrongful withholding of se...
Hello everybody. So as time comes to get the money from my deal where I sold a house with a 40,000$ profit I am going to buy 2 other properties. The one I want to ask about is in Scotland now. This is just a thought p...
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Hey all, yet another in the long line of cost segregation posts as our 100% bonus depreciation comes to an end :)
I'm going to key up a few of my go-to tax people here: @Natalie Kolodij @Linda Weygant @Amanda Han . I...