The property belongs to the one who holds title to it and is not officially responsible for the payments since the loan is not in his name.

For those seniors that don't want to run their units because of electric bill we have a/c in lobbies where we pay electric bill.

There have been talks about starting an official brokerage and having the schools be a major client and start seeking outside work doing investments and leasing.

Hi friends,  purchased my first rental in may this year, got it rented in mid June, signed a 12 month contract with tenant, about a week ago tenant sent me an 'official' email that there is a mice/rat problem, although there were cheaper options I went with professionals who were charging me 7-8x only because this is a long term investment and I wanted to get it solved, the pest professionals sealed the attic and set traps, they followed by couple of times to remove traps and refill bait boxes, my tenant now sent me lease termination letter citing health concerns due to mice/rat problem, they paid for current sept month and said that I can keep half the deposit for Oct.What should I do here, they have three small kids so I understand the reason for concern but I am also doing my best to solve the issue, should I go ahead and accept their termination or should I fight it out, not sure if involving lawyer is good as I am trying to make some cash flow and not lose it.. please advice also I am from Texas and would love to hear about TX law on this.

Hi @Paul Bryzek welcome officially to BiggerPockets!

I like the idea to get official inspection done (from the City, for example) and present it as a proof that the work was not done or was done incorrectly, or no proof of permits.

It is officially a buyer’s market with over 6 months’ supply.

As far as I know, a sole proprietorship does not have an official date of business start.

It is now under contract for purchase and we are awaiting official closing date. 

By 'Traveling' I mean they rented out conference rooms and hotel lobbies all over SD.