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Hi everybody, I am from Texas. I started a 2 year Rental agreement last year. I verbally told the tenant if he keeps up with his payments I will reconsider his rent (rookie mistake) and offer a discount for the 2nd ye...
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I have a stand-alone pedestal sink in the bathroom that is not connected to the wall nor the pedestal. Behind the wall there appears to be places where it once was attached. Would I be better off hiring that out or fi...
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Hi all,I have three investment properties, single families, in Indiana currently in the process of being transferred into 3 separate LLC's by quit claim deed. As a result I need to redo the homeowners insurance in the...
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I just bought a house in Texas needing some renovations and as a newbie I hired a nightmare contractor to renovate my two bathrooms. They are not GCs but licensed plumbers but I didn’t know any better at the onset of ...
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As the title says, the moving company damaged some flooring when my tenant moved in. I hired the contractor for the repair because that seemed to be the best way to ensure things are repaired to my standards, and usin...
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First off I want to apologize to those of you reading that has seen a post talking about Umbrella v LLC. After doing some research I found out what works best for me and wanted to share in case a fellow investor is st...
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What are some of the biggest things you look for when hiring a 3rd party management company out of state. Consider that the property will not support onsite management or maintenance. What some pitfalls you've exper...
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I have a property needs a little fix up just found out all the copper pipes was taking from the property.Needs about $15,000 in rehab,also this is my first fix and flip I'am thinking about taking on. My question is...
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My wife told me that she heard rental income up to the price of the mortgage was not required to be reported for tax reasons. I have never heard this and to me it sounds wrong but when I mentioned it she said that I w...