I learned a very important lesson. When you buy a out of state rental property turn on the AC or heater on as soon as you take possession of property. The temperature in the property should be maintained between 60-68...

Hi everyone,What a wonderful community! Really excited to be a member and meet other investors =)I'd love your take on how a calculation gets from CFBT to CFAT. I've found it difficult to find a good explanation of ho...

this will be my first meeting I have set up with a prospected client looking to sell there home. this is a client that has inherited a home from a family member that has past away. any advise on how to enhance my chan...

I have an opportunity to bid (by 5pm today) on an HOA foreclosed property as a post-auction owner-occupier. Do I proceed? Here are the problems:
1). The foreclosed owner has 45 days to redeem the property by paying a...

I just went through a (mildly) bad experience with Section 8. I had planned on renting out a unit to a Section 8 tenant, but when the inspector came they gave me a list of about 30 different things that I had to repa...

I got a call last night from the fire Department, they were called by my tenant because his smoke/carbon monoxide detector was going off. Turns out the dial in the on gas stove is junk. Scary thought.. Makes me think ...

My renters are not running the Sprinkler System, maybe as a cost savings. When I bought the house (as a owner occupant) I was told that the system needed to run periodically in the Dallas area to help the foundation....

Originally I wasnt going to worry until we close in two weeks hopefully. First, the #'s on the duplexTax assessed value- $175000Appraised value- $163400Purchase~ $156000The reason I'm asking now is if we close and the...

What’s the best bank, local or otherwise, to start a credit relationship with? For context, I have a landscape design company, that services both residential and commercial properties, no overhead, and all of my jobs ...

Hi Everyone,

Right now, I have my tenants' security deposits in separate savings account at an online bank.  Is this how most people do it?  If not, can you share where you keep the security deposits.  Thank you in...