Scott Benton
Mortgage Hacking: Why I Paid My Mortgage Six Months in Advance
At one point somehow I accidentally paid my mortgage on an investment property twice in the same month.
That was dumb, I thought, after realizing my mistake. However, instead of calling the bank and trying t...
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Silvie T.
Tenant Damage, Small Claims, Serving, & Collecting
Hi all! Looking for some help from experienced landlords. We had tenants move out at the end of June and we were stuck with a huge damage bill. The total amount of damage is close to $18k, which far exceeds their se...
Marc C.
The NEW Dodd-Frank-exempt Lease Option Concept
The NEW lease-option design...As I understand it, one of the requirements of the new Consumer Finance Protection Bureau, birthed from the Dodd-Frank legislation, is that ANY lender in an installment sale has to verify...
Brett B.
Some Realtors don't service their clients well.... 2 stories
So I have a few rants that I would like to share. I feel like I can move on after sitting on the BP chair and talk about it.Story 1 - 22 unit complex in Houston TXSo I purchased a 48 unit complex about a year ago for ...