We have no control of the condition of your property, if the value will appraise at where you feel it will appraise at, selecting specific appraisers, making sure the title to your property is free of any liens/judgements, what the title company will charge you, how much the AMC will charge you for an appraisal, what your property taxes will be, how much your insurance will cost you, and the list goes on.. 

Let me also take a moment to thank my parents who instilled in me strong values and the foundation for success!

I was thinking of starting a rent increase for my 1 bedroom tenant voucher due it being low and well under fair market value(Based on  hud and zip code) but my tenant is in the process of having a caretaker for her disability and getting approved for a two bedroom voucher.

In this market, I tend to lean towards adding value to duplexes.

It’s incredible what you can accomplish when you focus on creating value and solving problems in real estate.

Talk to a CPA to see how each scenario plays out.A 401K continues to grow in value, but what do you live on? 

Need value add deals in DFW

Net earnings were about $400,000/year, so the business component of the sale was valued at about 3X, or $1.2M. 

We are asking the current tenants to leave as the property is not in optimal condition we like to have our rentals and we would like to fix it up to increase value and rents.

Part of this is sentimental value (wife's grand father built the house) but I don't want it to be a money loser.