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Hello! We are currently towards the end of our first flip. We have a condo and there is HOA association who we met with last week, they all want to replace the roof as it is a 20year old roof, we will finish the flip ...
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Numbers i have so far. Is this a good deal for me to go ahead and buy. This will be my first property ever bought. Basement unit rent-$415 a month-7+ year elderly tenants 1st Floor-$550 Rent2nd Floor-$550 RentTotal=$1...
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I am selling a house to a relative. There was a reinspection that was needed to be done by the appraiser over small items such as water heater straps, and a CO2 detector. These items were corrected over 3 weeks ago an...
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Hi everyone! I'm a new (brand new, no properties YET) real estate investor in the NE Houston area... Humble, Kingwood, Atascocita, Huffman, Crosby, etc. I've been feeding myself through a fire hose the last few months...
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Countless times, I've heard the question asked "How much do I need in reserves?" While the answer tends to vary based on the investors' risk tolerance, I thought I would share my experience. As a background, I live in...
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I live in Atlanta where they can put a lien on your property for the water bill. However, I didn't think I would be responsible if the account was in the tenant's name. Tenant left and never notified me. I just found ...
Lease is ending in a couple of days. Rent paid in full but keys has not been returned. Today I got notification from Gas Company that the service on the property has been shut off 2 days ago per tenant’s request and i...
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I understand I need to include a $$ amount, but what kind of contingencies do people include to protect the buyer if it is accepted? I read in Brandon Turner's Multifamily book that you should use an estoppel. What co...
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My husband and I own our current home free and clear. It needs work (mostly cosmetic) to bring it up to par in order to rent. It will rent as a 4/1.5. About $1000-1100 in our market. We have attempted to get a HELO...
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Hi. My husband and I are looking for some information about a few things. 1. Investment properties 2. Remodeling our home. The two tie in together because of financing but we have several questions about both scena...