Wonderful day.. HA!, Have a property not quite rent ready, looks pretty good inside, new paint, counters, new bathroom ect, but the house still has alot of problems, the 2 bedrooms, bath and living room need to be rew...

Hello. As a first time buyer I went forward with the mortgage company my realtor recommended and now I'm worried I did not get enough competitive offers for a loan. About us: My partner and I have excellent credit (~8...

I have a few properties- some I’ve rented to section 8. All of my properties are above the standard for a rental- falling into a luxury product. I have had issues with a few of my section 8 tenants in the past. Right ...

The IRS discusses vacation home maintenance days.  They use examples where a family performs maintenance on a home for a week and the week is not considered personal use (it is additional to the 14 days of personal us...

Good morning all!I am about to send out my first round of yellow letters this week. I received a few different types of mailing list. One of the list that I am using is an active code violations list. I am wondering f...

This past month we had to pay an extra $600 in water and sewer costs due to an undetected water leak.  (unfortunately it is set so landloard pays water and sewer utilities)  I really want to install flow meters so tha...

I have a property under contract and would like your feedback. It is a huge single family home in Granbury TX. I’ve done a few properties about an hour away and successfully flipped them. It is a 5000 square foot prop...

I decided to get pre approved for a mortgage today. I called up the bank that I used to purchase my personal residence. I told them that I wanted to buy a single family home as an investment property. Immediately the ...

I'm looking at this property that states it is 3 bedrooms.  It appears that way, but after looking closer, one room has a custom made "closet" in an open space.  It also has no door and is, in my opinion, a bonus room...

When most of us think of having the IRS audit us, we get anxious. Audits can be very expensive, invasive and ultimately time consuming. Some audits are inevitable. However, there are multiple preventative measures tha...