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What is the general rule on buying investment STR property if you cant normally absorb the mortgage payment forever? I have enough set aside that i could go a little over a year with no rental income. But is it normal...
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Tenant texted me saturday morning saying ac is not working. I offered to stop by the same day (last time the battery needed to be replaced in the thermostat) but he said it was not a good day for him. Sunday morning h...
Is anyone else getting really bad marketing results in Dallas? We spend about $5,000 per month in Direct Mail marketing to over 10,000 owner occupied and non owner occupied leads. We've been mailing for about 6 months...
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I am a first time investor and I am wondering about moving my soon-to-be rental property into an LLC. Is this a good idea, why or why not? I filed for an LLC along with my application for a business line of credit. I...
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Hey guysI am new to real estate investing and I am learning a lot from this community. One way of giving back is to offer you guys what I do best -- ExcelYou can call me an Excel nerd. I do Excel programming, create t...
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Hey everyone! I'm closing on my first property next week (finally!) and I've been advised by some friends to go the LLC route. It's a triplex, and I do plan on purchasing more in the near future. I guess my question i...
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This may be a bit of stretch, but I have been dealing with a contractor for the past week and a half about getting some work done on a property I am buying. He came by on Tuesday afternoon and took a look at the prope...
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Upon moving out, the tenant received notice from the property manager (via certified mail) that the landlord was making a claim against the tenant's security deposit for repairs and cleaning. Included in this packag...
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I've been living in Playa del Carmen Mexico for just over a year and have had my eye on this market for several more. The opportunity here is excelent but can be unsettling for some to invest south of the boarder. The...
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I just recently purchased a duplex in York County Maine. I wanted to open an LLC in Maine, and am considering one in Wyoming. I am looking to purchase further properties in the area over the next several years. It a...