Hello,A lead came in today from a gentlemen who wants to sell his house immediately. I went out to the property this afternoon, and I would classify him as extremely motivated (aka he offered me the keys). The probl...
I bought a house in a nice area where I did a lot of research. I found that my rental competition was mostly condominiums and apartments. These were all nice, but I thought there would be many tenants who would p...
My appraisal came in significantly lower than I expected (only a 5% increase from the value the property was appraised at 4 years ago, in spite of values generally increasing 40-50%). Looking at the report, the apprai...
I recently served a tenant a Notice to Pay or Quit. The tenant hasn't paid for 3.5 months and his lease expired on March 1, 2016. I've heard all of his stories ("I'm sick.", "I promise to be out on the 15th, 18th, 2...
Hi y'all I'm a multifamily, value add buy & hold investor in Austin, wanted to see your opinion on providing appliances in regards to rentals.1. Do you like to provide appliances? If so which ones, why, in what cl...
Hi,I am new to real estate investing and need some advice. I have been driving around and taking notes of houses that are vacant/distressed. One house I found, I looked up the owner information and it was an elderly...
Looking for some advice on finishing my 2020 tax return.
Here is the situation:
In 2020 I became a realtor and also acquired an investment property. 2 different activities that need to be reflected on my tax retur...
First of all, I had never heard of a "zombie foreclosure" until I started researching. I have found a vacant house in my parents neighborhood which I am very interested in purchasing as a home for myself. Both as ...
The question always seems to come up among landlords, "Should I take a tenant to court for (fill in the blank) or because they left owing me $ for (fill in the blank)?" Generally, I say it depends on the amount, how ...
I get asked this all the time. Here is honestly the best way to get not just started, but become successful in record time.
So I decided, instead of answering hundreds of messages asking the same thing. How about I u...