Account Closed
Unexpected Capital Improvement
I have not run across anyone talking about building or having a reserve fund for a property. What is The recommendation to accrue and pay for a unexpected capital upgrades, i.e. furnace, roof, sewer, parking lot, wind...
Cheryl C.
Rental property insurance - who do you use?
I need some advice on insurance. I have been using Allstate for years and have a couple of issues/questions. A new limit has been placed by Allstate and they won't write more than 4 LL policies per insured. I am gr...
Malcolm Miles
Buying Home Near Military Base
BP family, good afternoon. I need some advice on whether buying a House near a military base is a good idea. We won't be at this base for more than four years so I'm curious if buying a house here with plans to rent i...
Ashley Wilson
Vertical Integration - Savior to Multifamily (MF) Investing?
Vertical Integration - Savior to Multifamily (MF) Investing?You have to be living under a rock (if you are a MF investor) to not know the challenges MF is facing right now. Interest rates, insurance hikes, rise in rea...
Jared Vidales
Houston Insurance INSANE!
Hi All,I just entered the Houston market with the goal of buying long term rentals. I closed something in Missouri City the other day, and the insurance was $3,000! The home was worth about 145k. Im now underwriting a...
Aaron Junck
"50% rule"
As far as the "50% Rule" goes.
When you evaluate a property and you say 50% of the monthly gross rents should be figured for expenses prior to servicing any debt, does this vary much if you are going with new constru...
Tony Duran
Houston compared to San Antonio/Austin, TX (buy and hold) purchase recommendations
Hi BP, I live in California and own a townhome in Houston, TX near my in-laws. I have had great luck renting it out with the help of a management company and knowing the area based off of the multiple visits a year i ...
Wade Garrett
My First Infuriating Experience as a Landlord
I have a family in my building that has been bad with paying rent and past due bills. I have filed for eviction on them in the past, and most recently for February. I also non-renewed their lease, which ends March 31....
Luke H.
How to sell a property using Owner Financing
Hello everyone, hope all is well,I plan to sell a property using Owner Financing and need/want to learn the ins and outs of this strategy. I have searched online for information and I'm asking if anyone has good infor...
Tara G.
Buyer wants all siding replaced and roof!
We bought a SFH at the courthouse auction, put in very nice upgrades, fixed all the issues that our inspection identified, staged it, on the market in 5 weeks. Had 2 offers in the first week, accepted one with a 3-wee...