Daniel Brown
What would your strategy be?
26 November 2018 | 15 replies
My approach would be to buy the one and feel out the situation.
Angel Dejesus
Closing question summons to pay
12 September 2018 | 1 reply
Sounds like you bought a house, with taxes paid up for the quarter already and you took possession sometime during the quarter. it also sounds like they forgot to calculate the tax credit due to the seller at closing. if that's the case, I believe most purchase contracts have a clause that states you will make it right if there was some miscalculation or simple omission at closing. even if not, the old owner paid for taxes and you are benefitting unjustly. the ethical thing in my mind is to refund the extra tax. there is no reason to go to court for this.if i'm wrong, please explain the situation better.
Brenna Wood
First Time Landlord Needs Advice
14 September 2018 | 35 replies
We did that as well when my wife and I started our real estate journey. 1) If she is signing a longer lease, I would actually increase the rent slightly and say that you will not have to worry about us raising the rents every year and that it will actually be give you and her a more predicable situation as she wont have to worry about her rent being raise in a year and her having to find a new place. 2) Personally one of the hardest things to do when we turned our primary into a rental was to let go of the idea that its "our home" and its now a business.
Colin Leach
Understanding the 1% rule
6 November 2018 | 7 replies
The 1% rule is a rule of thumb, like you said, which means that it will not apply in all situations.
Joe Banks
Exceptions to the 1% Rule in Austin?
16 September 2018 | 46 replies
In my situation, would it make sense to put 5K down on properties where rent covers expenses?
Vinay H.
Another article called CRISIS and Consequences - 10th Anniversary
12 September 2018 | 0 replies
“The thing that threw me off is the bank kept saying everything was still in in good standing.”Like many in the same situation, she was forced to move elsewhere.
Jeff Mills
Advice on property with existing long-term tenant...please.
28 September 2018 | 7 replies
They are very easy to get ahold of, and a call to them explaining your situation might be of help.
Silvie T.
Tenant Damage, Small Claims, Serving, & Collecting
18 September 2018 | 16 replies
It's not a matter of getting the money in these situations.
Jose Pena
How do I start an LLC ?
6 February 2019 | 14 replies
I'm in NC so I don't know if that affects the situation at all, I'd love to discuss further in order to get setup properly the first time before beginning my investment portfolio.
Leroy Feireira-shearin
What don’t they tell you about wholesaling?
16 September 2018 | 60 replies
When I look at the REI landscape, I always wish that more investors, players, and vendors would try to create win, win, win situations.