Hi everyone! So thankful for such an amazing portal of endless resources, contacts, and topics for real estate investors. I am gearing up in preparation for my first deal. Looking for SHR and/or multi-family.
While I...
I have a MHP deal floating around. But the area has declined in population here are the local stats
population 16,000 down from 22,000 in 2000
Poverty rate 36%
number of jobs is 5.65K
The deals numbers are t...
Suppose I have $1,000,000 loaned to a dentist to finance his medical equipment (decent credit background). The payments are due monthly over 5 years (60 months). The monthly payment is $21,247.04 for the life of th...
Hello everyone, I am an aspiring real estate investor in the San Antonio area. My husband is in medical school and I just finished my masters in engineering. Luckly, I graduated debt free and so did he for his undergr...
Hello everyone,
I came across a few articles where landlords said they use a termination fee if the tenant breaks the lease and let's say just abandons the property. I have a termination fee of $1500, is this too hig...
If I'm getting ready to move out and rent my property to tenants. How do you advice I proceed with changing from Homeowners insurance to Rental Insurance? Does my mortgage company need to get involved as well? Thanks
Hello,I am at the cusp of finishing a medical education program, with a significant income increase on the horizon. My wife and I will be education debt free after significant work and serendipity. That said, we are h...
Am new to renting out my 3 b 2 ba house. I live in the mother-in-law and was considering requiring a month-to-month lease for the first 3 months (to see if it is a good fit) and then offering the tenant the opportunit...
Down and dirty facts -Home was listed for $300k in area selling for $300-$400k-Was on the market a little while, 4-5 months in Houston right now is a stale listing-Price was reduced to $280k plus a $10k credit at clos...
Does anyone have a template or method that they use in order to screen tenants effectively in order to reduce the risk of non payment and damage to the property? For regular tenants and/or section 8 tenants.