OP the option period is just your due diligence period. in Texas its common to put up 100.00 non refundable for a 2 week option.. if you dont like it you back out and lose your 100.00

Hello Everyone,I've had a few interesting conversations with investors and real estate agents this week, and it got me thinking more about the relationship between property managers and their clients.

Properties don't pay rent—tenants do.

@Derrick E.do you mean property taxes?

Hope to hear a piece of wise advice from mature investors.The question is whether I should I invest into flipping properties and making higher ROI or invest in rental properties with a lower ROI but a steady cashflow?

I have purchased multiple audible books such as Real Estate by the Numbers, Start with Strategy, The Book for Rental Property, The Book on Investing in Real Estate with No (and Low) Money Down, and now I am reading Finding and Funding Great Deals.

I have a couple of properties in different LLCs.

The property will be available to view early next week (after the holiday weekend) for estimates for the job.If you know of any solid, reliable general contractors who work on rental investment properties . . . your recommendation would be greatly appreciated!

You're saying county records have your property down as 2 bedrooms.

From a 10,000ft view (if it was a real investment property) $29k profit (24% ROI) over 5 years is pretty slim.