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All Forum Posts by: Benjamin Timmins

Benjamin Timmins has started 13 posts and replied 186 times.

Post: What should I do with the tenant rental Check?

Benjamin TimminsPosted
  • Landlord
  • Utica, MI
  • Posts 190
  • Votes 99

You HAVE to report it as income. And you should open a separate account for the rental, and deposit the check there. 

Post: Nonpartisan Post - Trump vs. Index Funds

Benjamin TimminsPosted
  • Landlord
  • Utica, MI
  • Posts 190
  • Votes 99

Thats hardly non partisan @frank 

@Frank S..

The original post is heavily partisan, no matter what you claim.

Post: giving up house with reverse mortgage but needs furnace

Benjamin TimminsPosted
  • Landlord
  • Utica, MI
  • Posts 190
  • Votes 99

If you install a new furnace. it becomes part of the house. If you try and remove it before turning it over to the bank, you'll find a lawsuit in the mail.

Post: Security deposits

Benjamin TimminsPosted
  • Landlord
  • Utica, MI
  • Posts 190
  • Votes 99

I would imagine you only need one account for them as long as you use the account for security deposits only. Your bank would be able to tell you for sure.

Post: future for ypsilanti, michigan?

Benjamin TimminsPosted
  • Landlord
  • Utica, MI
  • Posts 190
  • Votes 99

Depot town is nice, but I could never justify the taxes it costs to live and invest in that area.

Post: My Landlord is selling, and wants to raise rent

Benjamin TimminsPosted
  • Landlord
  • Utica, MI
  • Posts 190
  • Votes 99

Maybe tell the landlord that you want to stay at 800, but when your lease expires you'll have no problem moving up to 1000 and will sign a year lease with the new landlord at that point?

Post: Need a recommendation for an electrician in Utica Michigan

Benjamin TimminsPosted
  • Landlord
  • Utica, MI
  • Posts 190
  • Votes 99

Thank you @Andrew Halbert

Post: Need a recommendation for an electrician in Utica Michigan

Benjamin TimminsPosted
  • Landlord
  • Utica, MI
  • Posts 190
  • Votes 99

I need an electrician for a minor job in a 1 bedroom apartment. The bathroom has one of those fan with heat lamps attached. The fan and lights are on separate switches, and while the fan works the lights do not. It looks like the negative or ground wire might not be connected for the lights.

If you left the apartment open, even with a lock box, and then something bad happens in the apartment, Im pretty sure you could be held liable.

Post: what exactly do real estate agents do?

Benjamin TimminsPosted
  • Landlord
  • Utica, MI
  • Posts 190
  • Votes 99

@Chris MasonThat can depend, Ive ran into some realtors that are completely clueless.