Hi all -We have been landlords for 5 years with very few issues. Everything that has come up we have been able to fix within a day. We take great pride in our homes. I am sick to my stomach with an issue we have been ...
Having a discussion at the office, and this question came up.If a dog breed is banned by the city your rental is located in, do you have to accept it as an emotional support animal?Pit bulls always get the bad rap, so...
In 2005 my oldest brother asked me how my house sale was going. I mentioned it went under contract in three days and we were making $125,000 profit. I was in the military and would be considered lower middle-income at...
Hey everyone,
My husband and I had the tenant from hell in our single family home. We also hired a management company to manage the property. (Our first time as landlords, we outsourced to make sure we did everything...
If you've had a similar experience or are a lawyer I'd love to hear your thoughts. One of my properties in Indianapolis has a squatter, who basically broke into the house when it was vacant. He changed the locks and h...
Every investor no matter how experienced was a "newbie" at one time....everyone had a point where they were starting out. For all the NEW INVESTORS out there....what IS your biggest fear and how DO you plan to overco...
I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for.
Subject To Pitfalls
1. The bank can call the loan due (due on sale cause).
2. You...
I know there has been much discussion lately on allowing therapy animals. I have never been asked, until now. Phone Caller: Do you allow therapy animals? Me: Do you have the proper paperwork for said animals? Her: No,...
So quick backstory about me.. I have 2 rental properties on Long Island, NY and they're both located in the same town.
Property #1
-Legal 2-family duplex (2 units)
-Does not need to be owner-occupied since it’s a l...
In 15 years in the biz I have not met someone who got sued and was saved by having an LLC. Every new investor gets hung up on asset protection and there is an entire industry catering to asset protection. There must b...