Phillip Dixon
Advice on Trust/LLC Banking, etc!
26 June 2024 | 3 replies
I know advice varies on market, etc, but I appreciate anything and everything!
Rene Bee
1st major house rehab - 2 family
25 June 2024 | 10 replies
That someone you hire is your biggest risk and it is essential you find someone reliable.Research as many people in your local market that do the work you need and talk to them on the phone.
Allen Zhu
Tallahassee Rentals / Section 8
21 June 2024 | 3 replies
Is tallahassee a strong rental market?
Lance Turner
Investor looking to Grow
20 June 2024 | 7 replies
I've been a low level buy-and-hold investor for years with just a couple properties under my belt. I live in Middle GA (Warner Robins area) and I'm looking to set up my investing game by getting into the BRRRR strate...
Mike Francis
Has anyone had experience working with Boostly?
25 June 2024 | 4 replies
They have nice looking direct booking sites, but I'm more curious about their digital marketing training and crm software included with their package.
Adam Eckhoff
Section 8 - What am i missing?
25 June 2024 | 10 replies
if you just found this on Realtor.com, and don't know anything about the market, you will end up like this guy.https://www.biggerpockets.com/forums/48/topics/1193623-rent-...
Jim L.
Valuation of a septic drain field?
25 June 2024 | 6 replies
The numbers give you a range of values for discussion/negotiation purposes, but in reality a deal like this isn't a market rate deal because there isn't a broad "market" for a property like this.
Florencio Nayve
Best areas in Alabama for rental property appreciation
21 June 2024 | 30 replies
Birmingham MSA has some spots where you can win but if you have to know that market well to win.
Robert Woodyard
Second small multi-family
25 June 2024 | 2 replies
Off market deal brought to me by my realtor.
Joe S.
Lease option question for Texas
25 June 2024 | 1 reply
For landlords, lease options can attract tenants who are committed to the property and may take better care of it.Commercial Property Considerations: When considering a lease option for a commercial property in Texas, ensure that:The terms of both the lease and the option agreement are clearly defined and legally binding.Both parties understand their rights and obligations, including maintenance responsibilities, payment terms, and conditions for exercising the option.Consult with a real estate attorney to draft or review the lease option agreement to protect your interests.Here are some things that may help you form a pros and cons list going forward:Advantages:Potential for higher rental income due to the option premium paid by the tenant.Attracts long-term tenants who may eventually purchase the property.Allows flexibility for both parties in uncertain market conditions.Considerations:Ensure the option fee and terms are fair and reflect the property's market value.Understand the financial implications and tax considerations associated with lease options.Be clear about the tenant's ability to exercise the option, including financing requirements if they decide to purchase.Lease options can be a viable strategy for commercial properties in Texas, offering flexibility and potential benefits for both landlords and tenants.