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I've found some good off market deals but can't use my conventional loan to purchase these properties. Can I use a hard money loan just to get the house fast and then use my conventional loan to pay it off ?
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New tenant moved in on October 2021 and was late with every single rent payment. She paid rent (and did not pay the late fee) for the month of November on 11/8 after being served a 14-day notice to pay or quit. She di...
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Is it common for landlords to pay for pest control?
Hello everyone, I have a basic tax question. If a investor/person wholesale me a property, do I need to issue him/her a 1099 for tax purpose?
I am a person who does everything by the book and I definitely want to en...
Most of my income is derived from re-sales. I cash out of most of my re-sale deals and usually only carry paper in order to solve a problem. However, this year I created two small seller carryback notes as a way of ...
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Hey guys,
we are considering a purchase of a house in Texas, where there are "areas of active soil", meaning lots of houses have foundation issues due to bad soils.
The seller repaired the foundation and there's a LIF...
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hi,
What is a reasonable time for landlord to make repairs. What is the expected time to fix for example the following items?
Dishwasher not working
Bathtub leak
Fridge broken
Water pi...
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Im looking at a duplex and a 12 unit. Both only have 1 meter. I’ve never had this issue so I’m wondering if it will be best to leave it as 1 meter or pay to get separate ones.
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I bought a small 1BR 1Bath HUD home back in September. I got it rented out in March. I know; the turn around was slow, but it is what it is. Learned a lot and got what seemed to be a good tenant. She got the gas and e...
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Just curious, on the percentage of tenants cause problems. Could be property damage, breaking leases, evictions etc.