Leigh Ann Smith
Does the 50% rule apply in Texas?
Property taxes run about 2.8% in the Houston TX area. So, for a $100,000 house, that's $2800/year or $233/month. Do you just throw out the 50% rule in areas like this?And don't get me started on flood insurance....
Steven Barr
How to prevent theft
We just completed a flip and someone broke in and stole the entire HVAC system and appliances How do y’all mitigate against theft in your properties other than choosing a good area of town?
Jason Sutton
Gator Lending in NYC and licensure...
Hey everyone,
Hoping for some guidance. Looking to start a gator lending business and live in NYC. I'd be covering arnest EMD as normal all across the US, but am not certain if I'd have a have a liscence to do so. Do...
Nicholas Hernaez
3bd marketed as a 4bd???
So I’m looking at purchasing my first rental. It’s a 4bd 2ba SFH here in the North Las Vegas area. After the inspection it turns out and addition to the house has blocked off what used to be a window of one of the bed...
Dan Vleck
Property Nightmares
Posted in investor psychology, more like Psych 101 from college. Meant as a fun end of year topic.I have been having more and more nightmares in my sleep. Some are homes I'm looking to buy and others are tenants doi...
Kourtney Murr
Destin STR regulations
Curious to hear from Destin FL STR owners and their opinions on the new regulations on occupancy 2 per bedroom plus additional 4. There are so many vacation homes that are 4,5,6,7 bedroom homes that sleeps 20+ peop...
Leonard L.
Help me Market to Foreclosing Lenders - Want to Buy Their Loans
I am considering sending my first batch of letters to lenders who have filed a Notice of Default in my farm area. The idea is to buy the defaulted loan at a discount where there is equity in the property. My ques...
John Levora
$17,000 House Do you think this is a good one?
Here is what I am looking at a single family home which will be a cash deal $17000 and about $3000 to have it ready to rent. Management fee is 10% including tenant placement. $1350 a year taxes and $600 for house insu...
Blain Thomas
Money to Help Purchase My First Multifamily Property
Hello all,My girlfriend and I are slowly but surely saving up to purchase our first multifamily property next year. My NACA councilor said I need approximately 26k to move forward. We've got some saved up now. I like ...
Monte Blunk
Help tenant issue- Emotional support animals
Need help with tenant issue-We have an older duplex that my husband recently remodeled that is an up/down duplex in the historic district of our city which is close to the university. The upstairs has 3b/2bath approx...