Account Closed
Do You Have What It Takes To Be a Landlord?
Do You Have What It Takes to Be a Landlord?No question about it—not everyone is cut out to be a landlord. Landlording requires a lot of skills and a certain state of mind—some not easily learned or adapted to. Can you...
Sandy Uhlmann
Purchasing Tax Lien Certificates with SDIRA
I would like to use my SDIRA money to purchase tax liens. At the moment, I am just looking at the online OTC liens but in the future, live auctions may be another option. I know people do use SDIRA funds to purchase...
Catherine McElwain
Talk to me about renting to college students
I'm looking for pros/cons of rental to college students. We have one rental already for college students, and my daughter lives in one room. It's a 4 bed/3 bath, and we rent out the other 3 bedrooms (by the room). ...
Sonny Sach
$10K monthly cash flow goal and strategy
Hey folks,I have been thinking about this for a bit and figured why not get everyone's opinion here. My investing goal is to have $10K monthly cash flow. I have purchase 4 SF homes since 2015 and although they have ...
Kyle Murray
BUYING A DUPLEX WITH INTENTIONS OF OWNER OCCUPY LOAN
I am wondering if I were to buy a duplex with a conventional "owner occupy 1-4 family" loan, and I do not end up moving in but instead I rent the unit out, what would the ramifications be if any? Can they call the loa...
Jack B.
Keep existing portfolio or keep growing it?
Thing is, continuing to grow the portfolio is risky. Keeping what I have with all that equity in there currently is a lot less risky. What say ye?
Not that long ago my net worth hit 5 million. I don't own a hundreds ...
Paul B.
Bumping old threads. Irritating?
I'll preface this by saying that, despite my being "only" 43 years old, I'm a full-fledged curmudgeon. A real "Andy Rooney" in training, if you will, only without the insane eyebrows...
So, having said that, does it ...
Hudson Doyle
Unexpected Paper Profit Tax Liability
I bought a 2 family the end of 2012 and have now completed my first year as a landlord. My accountant recently provided me with my Schedule E tax return for 2013 and I was surprised to see that my taxable income i...
Mark Garza
Being sued by tenants in Texas
Hello,Me and my wife own a condo in Texas. Our tenants moved out on May 31st, and left the place in bad condition. Dirty floors, dirty stove, etc. Before moving in last July, we asked them for a $900 deposit.We agreed...
David Pennington
Surface & minieral rights to land from 100 years ago, how do you reasearch?
I am purchasing a 3acre lot an hour outside Dallas which not only fails to convey mineral rights, but also gives "appurtenant rights to use the surface of the land" to someone back in 1925. I plan on splitting this la...