Kevin Thomas
Tenant complains of rodents - who pays for pest control?
We bought a duplex and several months later an existing tenant is complaining about rodents. I contacted a local pest control company and they want $100 to start and $45 per month for both units and a 1 year contract...
Jason Riddle
Categorizing transactions not related to a specific property
I have the following situation. I have two properties, each in their own LLC. If I have an expense that's only related to one property, say a utility bill, than I can expense it under that LLC. However, sometimes I ha...
Andrea Chester
What do you deduct on your taxes?
I have a trip coming up that will be mixed personal/business. We own a rental property in Charlotte, but I also have family in town that I will be visiting. How do I organize this trip to make the most of my deducti...
Kevin R.
Which inspection findings should I ask the seller to pay for?
Hi everyone. I just had an offer accepted for $230,000 on a 2,550 sqft triplex in Philadelphia which was built in 1925. The inspection turned up the following issues. Which of these do you think I should push to have ...
Mauricio Quintana
Class C property, what income/rent ratio do you require?
Landlords of class C properties,This is my first venture into rentals. I'm just curious as to what parameters you use to determine a good renter? Do you do any sort of ratio where you look for 3x (or whatever that m...
Cian R.
Cozy vs. TurboTenant vs. MySmartMoves
Which service do you recommend for tenant screening (background check and credit check)? And what are the pros and cons? I'm trying to decide between Cozy and TurboTenant. I've read mixed reviews about MySmartMoves, ...
Joel O.
How do people have 10 properties in their own name?
Alright I have a question I'm asking now becuase of the situation I am in.From what I understand investors are able to have 10 properties in their own personal name until banks start declining to continue to loan to t...
Vasundhara Ranjani
Class A vs Class B vs Class C Properties - Pros & Cons
As the title suggests, what are the pros and cons of investing Class A vs. B vs. C properties?I understand that A properties might be less 'headache' due to better tenants but if it's all about the cash-flow, wouldn't...
Joshua Ocean
Bought house & owner nor agents told me about IMMINENT DOMAIN.
hello everyone, i need your advice on this messy issue. any kind words would help greatly! i bought my house in warner robins, GA last september in 2021. the owner nor the agent told me nor my agent that the city had ...
Larry Moore
If you can't convince them, call them stupid.
I guess we'll see how that tactic works in November:
Speaking on health care Monday, Senator Diane Feinstein said, "I've gotten 90,000 emails and faxes on the health care bill and over 85,000 of them are against it. ...