All Forum Posts by: Ann Mclean

I am in texas

Can I find a lender to refinance an investment property that is fully paid off?.  I need to pull cash out.  Please point me in the right direction.  Thanks

I have a single family house for rent. I am looking for a property manager, any recommendations in the Houston area will be greatly appreciated. My property is in the zip code 77077, thanks

I desperately need to find a landlord insurance for my properties in Houston.  Any recommendation for a good insurance broker will be greatly appreciated. Thanks in advance.

Thanks to all who have responded to this post and given me their recommendations.  I decided to keep the property because it is really a very nice one in a very good location and i thought it is definitely going to appreciate in the future. I was reading about cost segregation and accelerated depreciation... dont know much about it yet but that may help me some.  The property is on the market for a long term rental but i am still praying for a tenant. I will keep you posted. Thanks all.

I have a property that I have remodeled that is ready to hit the market, unfortunately after crunching the numbers, I will not be making any profit or only just $5000 on a cash investment of about $190K. I bought this property in June.  In this market and with the interest rates rising, does it make sense to hold unto this property and rent it out instead of selling it and walking away with no profit?, For the experts out there, what will you suggest? Should I refinance and rent it out (hard loan balance is about 400K and possible rent in the area is $3000 - $3500. or should i just sell it and recoup my investment without any profits..... please weigh in on this and let me know what you guys will do if faced with a situation like this.  Comments will be greatly appreciated.

Thanks to all that took their time to share their experiences with me. Some allow pets and some don’t. I am still leaning on not allowing pets unless I have a good system and materials in place to deal with it.  I don’t own pets myself and therefore clueless on what to put in the apartment to help. 

Thanks for sharing 

A prospective tenant is requesting to bring a 3-year-old dog into our space even though we do not allow pets.  Can anyone please share their experience with pets in a midterm rental. Thanks

I spent $7000 in Denver Co without appliances