My parents own an apartment in North Miami. After they retired and the bubble, they couldn't pay the rent. A lawyer is working on the case to modify the loan for the last 6 years but nothing happened. The lawyer takes...
Hey there,I am a new Realtor starting my business in the Central Texas Area. I have access to the multiple listing service (MLS) from Waco all the way to south Austin. A little about me:I moved to Texas from Phoenix A...
Hello! I want to pose a hypothetical example. If I buy a rental property for 200K where land is valued at 50K and building at 150K. then i can depreciate the building at about 3.6% annually or $5455 in dollars. Let...
I live in Texas. Currently own 2 homes (the one I live in and another rental property). Both of my properties are family homes (3 bed 2 bath). My current home is already paid off. I could potentially lease this home ...
Hi,Any thoughts on maintaining existing lease agreements with current tenants versus using a lease particular to one’s own lease language, particularly if rent stays the same. I’m new to this and thinking that I’d wan...
What's everyone's opinion on inheriting tenants? I've heard a lot of strong opinions on "terminate immediately and start fresh." That's usually based around the theory that this way you can screen the tenants, gets r...
I recently put my rental property up for rent and without much thought added a bunch of amenities that are good for short term rentals (coffee, shampoo, conditioner, body wash, 2x towels, 2x sheets, laundry detergent,...
Hi everyone. I recently pirhased this property in Central Florida. It has a triplex up front (pictured below) and one unit in the back of the property. I have just put a new lighter colored roof on, and have plans to ...
What do you think which is most difficult thing in REI ?
Hi all,I'm Hayden Reed, a fresh graduate from the University of Alabama with a bachelor's degree apiece in biology and geography. They aren't particularly relevant to real estate investing, but I suppose that's what b...