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Purchased a duplex March 3, 2017. One of the tenants lease was up last year so basically they have been on a month to month. I informed the tenant I was going to raise the rent and if they wanted to continue renting ...
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Anyone have advice about buying and short term renting a condo or apartment from a building? I see some deals that look decent and wondered if it's worth it and if the laws make it possible or a pain to short term ren...
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We have a rental house in Detroit being managed by a Property Management company. We had an issue with the tenant for months (not paying) and tried for several months to find out from the Property Management company ...
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I finally read The E-Myth by Michael Gerber which comes up almost as often as the suggestion of Rich Dad, Poor Dad. I must admit, this book qualifies as "best selling", but not "best written". However, the idea of "...
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Dear Community,
I recently purchased a house at auction in Tacoma, WA. The property includes a small house with a detached garage, offering significant potential. However, a challenging situation has arisen: the prev...
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Hi -- Let me start with the back ground before I get to my question. I just recently purchased an investment property. Shortly after taking possession of the building, I increased the rents. I gave them the requir...
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My wife and I are looking to capitalize on the equity on our home and start getting into the STR world. We have recently gotten a HELOC and are looking to start making the steps to buy a rental property. Being complet...
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Howdy! Been lurking here for a while to pick up some data/observations on different markets. In the process of selling a commercial property here in Austin and looking for replacement property. (Austin has become a...
My last real estate transaction the attorney showed up at the closing to pick up his check, I don't recall him doing anything meaningful with the transaction at all. He explained a few forms to me, that I didn't need ...
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Hi BP - I'm starting a direct mail campaign and want to know what are the exact next steps once a seller agrees to sell? Should I get a contract drafted by an attorney? Should I work directly with a title company? I w...