A friend of mine would like to borrow 90k to do a full reno on a project he has just purchased using another 90k he was able to acquire through a conventional mortgage. We have been friends for many years and I am con...
Converted on October 1st. So for this tax year, I'll have 3 months of depreciation and all those other "taxy" things, right? (Rented the property in one day on market).My question concerns the split between personal a...
Hey all,I have three properties I am about to sign purchase agreements for, and it is an investor to investor sale.Everything about the deal gives me a warm and fuzzy, less one condition. But it may very well be the s...
The steps to lease a small commercial building in Texas. Is there a special commercial lease or screening process I need to be aware of? The property is in San Antonio Texas. I am looking to lease it out as the Landl...
I have a question about wholesaling mobile homes. Is the title involved when wholesaling? And what does the contract for it look like?
Hello, I purchased a duplex property with a storefront as a primary residence. I am now interested in renting the downstairs storefront to a business. This will cause me to need a commercial insurance policy. Is t...
Currently asking my insurance agent to purchase an umbrella policy and an auto insurance policy.He said that I cannot have umbrella policy unless my auto insurance liability limit is $250k/$500k/$100k.He also said tha...
How come no one has created a standard form for hard money lending where the terms are easily comparable across them? Something similar to the HUD forms we are familair with? Everyone seems to use email and will descr...
The YouTube channel is "Emerson Property Management." It's great, because he is in Houston, Texas!He explains in detail how to use the standard Texas Real Estate Commission (TREC) 10-page contract with the Seller. He...
Replacing 1970s toilet in rental.What Toilet do you Recommend? Preferably from Home Depot or Lowes.