All Forum Posts by: Doris B.

I recently hired a new handyman who posts on Craigslist. The first day was fine, then it went downhill from there. When I pointed out some gross mistakes, he decided our business relationship was over. This guy posts on Craigslist under many aliases and under many different locations! In other words, if you respond to needing a handyman, a painter, light electrical or plumbing worker on Craigslist, you're bound to get the same guy!  

So, now I'm in need for a new handyman who is willing to work on an daily rate. I have 3 properties in Philly (University City and Temple Hospital areas) and would like to hire someone for 1-4 days a month. Please let me know, if you know someone who does quality work and you trust! Thank you! 

There are several issues here: 1) LLC is much easier than corporation! You can actually do all of the paperwork yourself from the government pages of your State. 2) In some cases though, a conversion from personal property to a corporation/LLC will cost you the local transfer tax. In Philly, I believe it is 4%. Find out what it would be for NY. 3) Please check the tax consequences if your parents were to gift their property to you (and siblings) prior to their passing. I checked it recently and found it to be a very bad idea. 4) Did you check if a 15 year/Home Equity Loan is possible? Might be easier to get than a regular mortgage. Best of luck!

My insurance co. in Philly decided to drop my insurance coverage based on the fact that a tenant had one of these dogs, as listed above by Lynn M. More and more insurance Cos have started to do this. I cancelled my tenant, not the insurance!

Hi Jem, I'm also looking for a reliable handyman. Would much appreciate this contact. thank you in advance.

Glad you posted this info! A vacant property is always a target, on and off Craigslist.

I have used Craigslist for all of my rentals wth great success. However, I never put up an exact address, always something like 34xx Main St, with a tel # for appointments.

A 'For Rent' Sign may invite thieves as well. I would never consider it, since many are checking out your neighborhoods! People are very observant.