Heidi Braunhardt
Downtown Fort Lauderdale Duplex Buy & Hold - Long Term & AIRBNB
26 January 2025 | 1 reply
looking to make an offer
Victor Yang
Taking a small loss to save on taxes?
19 January 2025 | 7 replies
Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.
Luis Herna
Can a Licensed Real Estate Agent out of state represent a buyer
22 January 2025 | 6 replies
Find a quality agent in Texas, then ask them if they offer a referral fee.
Peter H Derry
Buyer's Guide: Purchasing Property for Your College Student
23 January 2025 | 0 replies
Condo: Condos may offer maintenance benefits, while homes provide more control.Size and Layout: Ensure the property accommodates your child’s needs and potential roommates.HOA Fees and Rules: If considering a condo, check for restrictions that may impact student living.4.
David Ivy
Austin Market Report - December 2024
18 January 2025 | 1 reply
Multiple offers situations are the rare exception, not the norm.
Doug Teasdale
Wholesale assignment agreement question
15 January 2025 | 4 replies
Look for your states offer to purchase contract online or contact a realtor to get a blank copy. review the agreement to be sure assignment is not expressly excluded. if there is nothing excluding assignment from the contract then writing the words "/And or Assigns" after the name or company's name on the buyer's line should be sufficient.Good luck!
Mike Terry
Help Evaluating a small multifamily
18 January 2025 | 12 replies
It's hard to say offer amount without knowing the rehab part since that could blow this out the water.
Tom Ochieng
Inherited tenants questions
15 January 2025 | 3 replies
@Tom OchiengI would reach out to a real estate attorney for specific advice on this situation since you already have one tenant who is being difficult.On a side note, when I have inherited tenants, I have been most successful when I have provided longer non-renewal notices, like 60-90 days, and offered to assist with moving costs.
Jacky Johnson
Request to share cost in replacing part of adjoining fences
28 January 2025 | 16 replies
Keeping it friendly and low intensity is more likely to be successful.I recently offered to completely replace my neighbor's fence next to my rental and they said "No".
Brad Kremer
How to access equity for HELOC on MFR duplex in TX?
27 January 2025 | 3 replies
Some lenders offer creative solutions, like a cross-collateralized loan, where they use your existing equity as security without refinancing the duplex.Another idea is partnering with private lenders or exploring a second-position mortgage, depending on your lender's terms.