Hello All,I'm a first time owner of a 4-plex in Austin. I bought the property couple of months back and inherited 3 tenants (and 1 vacancy). All tenants have long term lease (mid to late 2019). I examined their lease,...

I recently finished reading a real estate book where the author recommends tying up a property quickly (if initial analysis suggests the deal is a good one) and then doing the due diligence. This sounds pretty obvious...

When you write up your profit and loss statement, how do you break down the mortgage? Is the interest, taxes and interest the only loss? I'm assuming principal is not written in the loss category even though it goes a...

I have a tenant who hasn't paid rent for the past two months. I need to issue an eviction notice. I understand that the first step is to provide a written notice. How many days' notice should I give? Additionally, cou...

Hi!  I'm looking for some feedback on this deal that I'm working to put together.  This is a duplex in a college town that is recently updated and capital improvements in the last 3 years.  Everything is separately me...

Hello all,I found qualified tenants for my rental property here in NM.  I offered them the apartment and when I did not hear back from them I assumed they had found something else so I offered the space to my second-c...

I have a private money lender who has offered to fund my deal and wants me to draft the contract.  I am looking for a sample contract that is fair to both parties to use as a starting point to draft one specific to ou...

Hi all,my husband and I are in the process of settling a Short Sale purchase in Maryland. It's $99k purchase price with Seller's side covering legal and title transfer (provided we pay $3,500??).Our lender has come ba...

I've been working with a GC on several different rehabs (BRRRR's and 1 flip), and he's done an awesome job.  He's got a crew of highly skilled guys and also has a network of subcontractors and he just gets stuff done ...

My wife and I are jumping in. Should be closing on our first two SFHs in the next few months. We’ve started an LLC, registered for Fed EIN, planning to open business checking. Will probably use BP tools to figure out ...