Hi, my property manager does not have a license (but is in the process of getting it). What risks do I have as a landlord for both my long term and short term rentals?
Does anyone have a good handle on the difference between a lease/option and a lease/purchase. It is my understanding that they are very similar except that under the lease/purchase, the "buyer" is guaranteeing a cert...
I notice a decent amount of homes in my area have a trust listed on the title as the owner. This was surprising to me. What are the most common reasons average, non-investor folks would have their home owned by a trus...
Any tips on getting tenants to read their lease? Sure we can make them comply but it would be nice if they knew what was in their lease so we aren't the 'bad guy' enforcing aspects of the lease they were willfully una...
Hello BP!My name is D.Y. Lee from North Dallas (Allen), Texas. I am an architect (my full time job) and have been practicing architecture designing retail, multifamily, residential and healthcare for 15 plus years. Re...
I am new to real estate investing. Although I am striving to go above and beyond in this career field I don’t know where to start! Most recommend reading books and studying the field as much as I can, while others say...
Hi BP, I have a seller who is willing to do a lease option. He, through his realtor, actually brought it to me. I'm wondering how this will benefit me and if it's the best thing to do in my situation. It's a 4-plex th...
Option 1: 5 rental properties paid in full every year with rents equaling in gross $1200/mo each.
Option 2: Rehabbing 12 properties every year with a net profit of $25k each property.
Option 3: Wholesaling 48 prop...
Hey
Im going to view my first property at noon tomorrow. Im slightly nervous, but excited. I have no exp estimating repair cost and my friend back out that was supposed to help me with this. I just wanted to ...
Hi all. I always get such great advice here, so I'm back looking for strategy suggestions.
Briefly:
Neighbor's house. She passed away in March (not covid, just old age.)
She has a niece in Germany that is going ...