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Buying rental properties 3 hours away from each other-Good idea??I am planning to live in Houston and buy rental properties in San Antonio, Austin, and Dallas. The cities are all in Texas but located approximately 3 h...
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Tell me about your vacancy rate and how long it takes to lease your rental property.It is my number one concern in entering the buy and hold single family rental market.
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Hey real estate gurus,I've got a math problem I could use some feedback on. Struggling between two plans. Please let me know what you think, and if there's a third option I'm missing, I'm all ears.Current plan: Purcha...
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We own a home on a lake in our area that is 40+ years old. We did nice rehab on main level, but no way to raise the low ceilings. This is my dream location but my husband and 2 teen daughters are not happy. There is a...
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One of my earlier forum discussions addressed the issue of excess bids in Alabama tax sales. I will not duplicate that information here.A redeeming owner must pay the following charges:Taxes due at time of auction, pl...
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Hi All
I am a firm believe that "no financial decision should be made using financial criteria alone", meaning you have to consider personality, what lets you sleep at night, etc that being said, my wife and I have d...
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I’m looking for a way to document all basic and financial details of each deal we purchase (downpayment, how we funded it, lenders used, mortgage, interest rate, rent, cash flow, when it was purchased, partners includ...
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I understand that appliances have a "predictable lifespan". An oven/range typically have a predictable lifespan of 20 years. A tenant broke my 10 year old range. Am I only allowed to charge him for 50% of the cost for...
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I'm currently planning to convert a detached garage on my rental property into an ADU. I have a few questions regarding the conversion cost and how to rental it out as a separate unit.My goal is to use the ADU for mid...
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Hi All,Newbie here. Looking to connect with anyone with anyone and everyone.My wife and I are looking to start purchasing properties in the Montgomery AL market. We used to live there and still have family there. We s...