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Search options not deleted user 9903

Questions around the use of property that is rented to others.

15 votes
4 answers
2k views

How much should I, as a landlord, save up for property renovations?

I co-own a set of rental properties in California with a family member. Rent control is set at 5%, though there are exceptions in our location if you improve a unit -- under those circumstances, you c …
fox's user avatar
  • 429
0 votes
4 answers
8k views

Is a broker's fee equivalent to one month's rent reasonable in San Francisco?

Friend and I are looking to move from elsewhere in the Bay Area to SF, found a decent option in an okay location. Have been attempting to negotiate with a broker on the rent, and he surprised us by i …
fox's user avatar
  • 429
8 votes
1 answer
583 views

What is a rule of thumb for accruing debt on a rental property?

My sister and I were fortunate enough to inherit 2 properties from my father, one a suite of apartments and cottages worth about ~$3M and also his home. We currently have about $200K in mortgage deb …
fox's user avatar
  • 429
6 votes
2 answers
270 views

Looking for advice on rental property

For about five years, a close relative and I have co-managed jointly owned rental properties together in California. We each have a 50% share and make joint decisions on everything together. This rela …
fox's user avatar
  • 429
2 votes
2 answers
427 views

How to evaluate options for selling a rental property

I own inherited rental property in the San Francisco Bay Area, and have been thinking about doing a 1031 exchange into Chicago, where I now live, for a few main reasons. One, I inherited the property …
fox's user avatar
  • 429