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25 June 2024 | 1 reply
This property is mortgage free so no issues there.
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25 June 2024 | 6 replies
Note, as an experienced landlord I was able to get control of the tenant situation with little issue, raise rent and have had no real issues with the tenant since.
25 June 2024 | 4 replies
I have found that getting a heloc on my primary has been an issue when review w2s as my dti is over the requirements.
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25 June 2024 | 4 replies
Conduct thorough property inspections to identify any maintenance needs or structural issues that could affect rental income.
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25 June 2024 | 2 replies
A foreign national selling the property would also raise FIRPTA issues that may be greater than the tax.
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25 June 2024 | 18 replies
Phone jack and lawn are not an issue.
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24 June 2024 | 2 replies
Some of the more seasoned vets here know all about foundation repair, but for thought this could be helpful for anyone starting out. 60 seconds background:Houston is essentially built up on a swamp, couple that with back 2 back brutal summers with little rain, and nearly everyone I've talked with recently has some sort of foundation issues creeping up.
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25 June 2024 | 20 replies
It is now being forecasted as one of the fastest growing markets in the U.S. and prices are still relatively low.
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23 June 2024 | 29 replies
Initially, I handed over the management of my property to a company, giving up 25% of my earnings for them to handle everything from guest relations to cleaning and maintenance.
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25 June 2024 | 6 replies
Putting aside the issue of whether the property continues to appreciate or levels out at the ~170k which we cannot judge, if you actually do the numbers, it will not work out to where a sale is a better option than continuing to enjoy the cash flow, reinvesting those funds in further upgrades or further investment.