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Tenants submitted notice of early termination, 2 months into their lease, due to military reassignment. I’m using the TAR lease (Texas), and there is a military clause. My understanding of this clause is that it allow...
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Don't know if I can mention the company. But on my most recent acquisition which I closed on 2 weeks ago. I got of course insurance on the property. The insurance has been paid, late last week, I get a cancellation...
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Has anyone had success building a small multi-family (triplex or 4-plex) from the ground up that cash flows? What are the pitfalls?
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I had a tenant that unfortunately had some financial difficulty and had to move out (her husband lost his job). I suspected this vaguely last month when the rent came in two separate installments.She has payed up unti...
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I've been a landlord since 2006. Up until now I've never had to evict a tenant. I've had people owe me what I would consider decent sums of money however always treated those tenants with respect from our first inte...
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I am not an accountant but I about ready to hire one as I now own my 3rd SFH. Last tax year I only had 1 SFH and I learned a lot about what's taxable and what's not. The basics of deducting my itemized expenses and ...
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Last January my wife and I came into some money and we decided to pay cash for our first home. We negotiated a little with the former owners and settled on fair value for the property. (We offered to pay closing costs...
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Hey All,So my wife and I have putting out offers on 3 and 4 units out in local area for about 4 months now. Unfortunately we haven't had any sellers thus far interested in working with us let alone even counter. Und...
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Hello everyone,I have been looking for my next rental property to buy for the past 10 months with a few offers submitted but nothing closed. My strategy has been to focus on the lower income properties as this is easi...
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I am currently in the military and stationed in Newport News, VA. I am looking at purchasing either a small single family home (which I would finance through a conventional loan or through a contact I have who offers ...