My wife and I are getting ready to purchase our first home in the dallas Texas area. We initially made an offer back in Mid-January and this was accepted with the condition that we close on February 10th, which was so...
Hey everyone,I have a single family rental with approximately 150k equity in it. It only cash flows $65 a month after expenses; however, the rent is $500 under market. My question is should I sell the house, 1031 the...
Hi All!
I'm trying to reduce the amount of paperwork I keep in my file cabinets and was just wondering what documents do you all keep on file when you purchase a property and when you sell it?
I was told from the ti...
I have a bit of an oddball question: what is the standard practice for who keeps a spare (emergency) key to a rental property? A property manager that I'm considering hiring claims that the owner should not retain a ...
Hi everyone! I have been struggling with whether I should sell my triplex. I bought it for 189k 2 years ago. I currently live in the 3/1 unit and rent the 1/1 for 475 (about 300 dollars below market value but this ...
I'm looking to get into buy-and-hold real estate investing. My wife and I close on a new house next month, and I thought that we would keep our first house and use it as our first rental property. Now I'm wondering if...
The short version: I'm looking for creative ideas about structuring a deal to keep an elderly woman in her house for as long as she can.The details: I recently had the pleasure of meeting an elderly woman who asked me...
Hello,I am still fairly new to the property investment business. I own two homes in Goldsboro NC. The house I am currently wondering about is one I bought about 5 yrs ago for its actual market value (which I know not ...
HelloI started my real estate journey 4 years ago, purchased a few properties every year, my current portfolio includes 17 units with a monthly cash flow of $8K, now I am trying to figure out my next step. My initial...
I own a condo in Silicon Valley worth about $300-325k. I owe $130k on the mortgage. I currently rent it out for $1650/mo and profit $250/mo. I now live in Austin, TX, and need to purchase a primary residence for my wi...