Seth M.
Taking tenant to court - chances of success
In November of 2014 we had the wife of a husband-wife tenant pair inform our property manager she would be moving out. She included a letter signed by her husband stating he assumed all liability for the property. The...
Tim J
How to determine building value for depreciation
I'm in a bit of a quandary at the moment. I purchased a property in pretty bad shape for about $1 million last year and spent about $500,000 on what ended up being a MAJOR rehab project. The city assessed the value ...
Mona C.
Working with Contractors
What a nightmare trying to find a contractor to do a small shower. All contractors want $10,000 and I’m like what the heck. I screened and screened and searched up and down and right and left till I found a unlicensed...
Nat C.
Tenant attending to repairs and then billing me?
This is relating to a house I have a property manager for.The PM informed me that the tenant reported a plumbing issue where dirty water was coming up from the bathtub or somewhere, the specifics were very vague.I hav...
Michel Steele
Attacks of the Guru"s
Being a Newbie I have started my s-corp and LLC, got my business account opened, and working to get an account and lawyer, sounds great right?!. That was the easy part, now to work. i have made some small investment...
Jerry Jones
Every offer is a multiple offer situation
I am looking for a house in Austin and every house I find that I like that is priced well ends up being a multiple offer situation. How do I handle such a situation? I usually offer about 5K over asking price. I...
Neil Gulden
Keene State College Rental Properties
Hi Everyone,
A few other investors and I are considering buying a property near Keene State College in New Hampshire and renting to college kids. I realize the head aches that may come with renting to college student...
Gabriel Turmero
Tax Lien & Tax Deed investing
As someone new to tax lien and deed investing, I've been studying up to get the hang of it. Now, I'm looking for some guidance or advice, especially from folks who've done it in Texas, especially in Houston. If there'...
Quintin Mortensen
My first buy and hold in Utah and its a condo! $400 cash flow! (pics included!)
I moved into a condo in Salt Lake City, Utah in 2012. I didn't know anything about investing, all I knew is that I wanted to buy the cheapest place I would be happy living in so I could rent it out when I eventually m...
David Ferreras
LLC Protection Questioned
In the slip and fall scenario, where the renter slips and falls on your property causing them to pursue legal action against you, what is to stop them from suing the business (the LLC) and you (as a negligent landlord...