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Hello all.I have some 1031 replacement property transaction questions:For my replacement property, can I work with a buyer agent who offers me rebate from their commission?Can this rebate be in to form of a check afte...
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One of the tenants in my duplex poured a tray of lasagna down the toilet resulting in sewage backup and $450 worth of remediation. Impossible to determine which unit is responsible and both deny they did this. Do I ta...
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Good morning, I’m starting my Journey and may have ran into an issue. I purchased my first single family in 2019 with an FHA loan and i am ready to purchase my first multi family. I am currently working with the bank ...
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I have my first rental house under contract with earnest money in escrow. I have Been working hard to check off as many things as i can. One of my biggest concerns is the property is on a well / sand point. And city s...
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What are your steps to vetting a new contractor?
E.g - getting copies of the insurance and license?
Anything else?
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When looking to house-hack a multi-family property, what should I consider in terms of what I can afford? Should I factor in the rental income, or should I assume I’d pay the full cost of the property?
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Hi All,I have the following questions for the investors experienced in single family rentals.Who is typically responsible for fixing the following items? the tenant or the landlord?1) exhaust fans that stop working be...
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Seeking opinions from investors in the city of Detroit. I own 4 properties that were sold without CofC and have heard mixed opinions about going through the actual process, anywhere from the unnecessary items to the ...
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I am beginning to prepare for filing my taxes. I have not kept a good record of my hours. I have a full time job, but I feel like I've easily surpassed the 750 hour mark on my rentals and I probably have more like 10...
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Hi All-I'm pretty new to the REI world, and was wondering if getting my real estate license is a good idea? My intentions are not to become a real estate agent, but to build a portfolio of multi family rentals and sho...