I would appreciate your advice about the correct numbers to use when estimating closing costs while running the numbers for our next purchase.This is an example of the closing costs for a rental that we purchased for...
A tenant asked if another roommate could come live with her. She lives by herself now in a 2 bed, one bath, so there is room for them both. I explained that they would be added to the lease and must pass all other bac...
Investment Info:
Single-family residence other investment in Houston.
Purchase price: $725,000
Cash invested: $145,000
Purchased main home with a garage apartment we're using to house hack. Garage a...
Hey all,
I'm in the final stages of selling my primary residence, in fact the closing was today. My wife and I signed closing docs and a preliminary settlement statement a few weeks back in preparation of a new baby ...
Having reviewed what's previously been discussed on this forum regarding whether people list what their actual cleaning cost is vs. a reduced (or in some cases inflated) price, can anyone share if there is a tax liabi...
Hi everyone!
For any one who collects rent via Cozy (or any online payment processing), I have a question about when the payment processes vs when it's received:
We love using Cozy and so do our tenants, but Cozy ...
Finally ready to hire a PM company. Met with one last year briefly when house wasn't quite ready to rent. He thought otherwise and said it was "rent ready" as far as he could tell and if any issues were to arise hi...
Hello fellow BP Members,
I think the conventional knowledge is that landlords should be taking pre move in pictures to document the condition of the unit. We have always done that.
My question is, as a best practic...
I have put in an offer on a house that we are planning to flip. I'm a little concerned about the finances behind this flip. Can someone please tell me if I'm understanding the financing correctly.We are going to go w...
Does everyone require prospective tenants have 3x the rent in monthly income / rent is no more than 30% of their monthly income? What is minimum credit score you look for in a B- neighborhood? For people with lower th...