We purchased a 4br-2ba home on Mullett Lake in Northern Michigan and are ready to put it on the STR market. We’ve met with the three companies in the title line and a couple of others. We’re located in a less populate...
This year I replaced two HVAC systems. I know this is tax deductible, but I'm wondering if I would claim the entire deduction on my 2022 taxes or is this something I spread out over a few years?
I’m currently trying to lease up one of my single-family houses and have had several applicants. One potential tenant in particular was very forthright about his intentions for my property. He plans to use his caregiv...
Nearly a year ago I bought an existing two-bed, one-bath 1,440 sq ft ranch with a two-car garage on 1.4 acres that had fallen into disrepair. The purchase was in my own name, not an LLC. The purchase price was $374,00...
I purchased a couple of duplexes two years ago and am now having trouble filling them. The area is descent (downtown Madison, WI close to the University of Wisconsin). I've had one of the larger property management co...
Hey BP,I'm a realtor in Northern Virginia (just outside DC), and I've been learning about turn-key rental property providers (i.e. rehabbers) in other markets where the rent-to-value ratios are around 1%. It makes sen...
Hey everyone,
Looking into purchasing prefabricated sections of laminate countertop for my first rental property. It's made by Hampton Bay and sold at Home Depot with left/right hand mitered edges and backsplash lip. ...
I'm currently analyzing a deal for a 8 unit building. Current owner doesn't have any property manager in place and also doesn't have records of vacancies.
I have no intention of managing the property myself. What ra...
Hello!
I was recently assessed a $200 charge from my HOA on my personal residence in Chicago. The charge is for a "dryer vent cleaning" that each unit must do. I was just wondering why this is not a part of the month...