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Results (9,503+)
Erin Grosslight How to set up REI business
31 January 2021 | 3 replies
Conveying your property into an LLC may change the "taxpaying" entity that owns the real estate, which could be a problem just before a sale and immediate/subsequent 1031 Exchange. 
Cj Powderhorn Memphis High End Property (Collierville)...WWYD?
22 April 2021 | 4 replies
Otherwise I would increase the rent 3% over the last lease amount and 2-3 percent in the subsequent years of the 5-year lease.The happy news is:  if the tenants don’t like that then it’s a great time to sell.  
Suvarna Joshi Rental property keyless deadbolt law for patio doors
3 August 2022 | 1 reply
I have never seen any rental property with keyless entry on the back patio door, but my tenant is asking for it.This is what I found out when I searched up TX requirement for rental properties-"Every rental unit in Texas should be equipped with the following security devices at the time that the tenant takes possession of the unit:One window latch on each exterior window in the dwelling;A doorknob lock or keyed deadbolt on each exterior door*;A keyless bolting device (i.e. a keyless deadbolt) on each exterior door**;A door viewer on each exterior door;A sliding door pin lock AND either a handle latch or a security bar on each exterior sliding glass door."
Mike Fontaine Massachusetts Tenant wants to pay 9 months up front
19 June 2019 | 24 replies
It shall be an unfair or deceptive practice for an owner to: (a) require a tenant or prospective tenant, at or prior to the commencement of any tenancy, to pay any amount in excess of the following: 1. rent for the first full month of occupancy; and 2. rent for the last full month of occupancy calculated at the same rate as the first month; and 3. a security deposit equal to the first month's rent; and, 4. the purchase and installation cost for a key and lock.or, at any time subsequent to the commencement of a tenancy, demand rent in advancein excess of the current month's rent or a security deposit in excess of the amount allowedby 940 CMR 3.17(4)(a)3. 
Account Closed Should I get a property without an LLC
18 July 2019 | 3 replies
Account ClosedFirst, determine if you really need to have an LLC - put your near, mid and long-term real-estate goals down in bullet form and meet with your accountant to determine the best ownership structure for you now and how to evolve it as your business grows.If you decide you need an LLC, have your real estate agent make your offer & subsequent contract with "Fili Aguirre and/or assigns"  as the purchaser and communicate to the vendor you may place the property into an LLC upon Close, you should have no issues making the deal first.
Oren Goltzer Sell or rent our house out in Phoenix?
8 July 2019 | 7 replies
Subsequently moved across the country and kept our 3 bedroom 2 bath 1700sqft house.
Jared Karns Bank for FHA loan & refinance in Austin, TX
27 June 2018 | 5 replies
To dig deep into what exactly you're trying to achieve would be the main question.Are you trying to use FHA, then free it up for subsequent use?
Will Fraser Is my lender wrong regarding serial House-hacking?
25 August 2018 | 3 replies
In a recent discussion with my go-to mortgage lender, it was stated that House Hacking using a FHA 3.5% down loan is a "one-and-done" thing because the FHA underwriters will almost certainly not approve a subsequent loan request on a 2-4 unit home because they will deem it an attempt to buy investment properties instead of truly owner occupy.Since I know there are surely many people here that have house-hacked multiple properties, I wanted to ask . . . have you used the FHA 3.5% down loan subsequently or multiple times? 
Josh Deel Can I Use Equity Multiple Times To Invest In Real Estate
25 December 2017 | 8 replies
Or is the initial equity essentially tied up and unavailable to for subsequent deals until it is paid off to the initial credit equity line lender?  
Ralph Miller Tenants Asking for Me to Subsidize Their Electricity Bill
4 August 2018 | 59 replies
I've attached a Powerpoint file (it's short; two slides) to touch on two important ideas: 1) Your energy usage in Aug 2016 reflects different energy use habits, and is not directly comparable to our energy usage; this is borne out by comparison of Aug 2016 and Aug 2017 temp & energy use data. 2) My move-in in mid-August did not introduce a significant change in energy use patterns compared to what Kelly had already established on her own in that time (unsurprising given that we use all the same appliances and utilities); this is borne out by comparison of Aug 2017 and Sept 2017 temp & energy use data.