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I'm preparing for my first Local tax deed auction. I come from a scientific/research oriented background(though not my occupation now) and so this study confirmed a lot of my preparation research. Bottom line: Choose ...
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Last year I bought a 4 unit, 2 story purpose built apartment. I use a property management company but I also stop monthly to check on things. The place has been clean and quiet until a new tenant moved in last month. ...
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We all know how apartments are valued....cap rates and NOI. Here's a scenerio that's likely to play out. My partners and I own a couple apartments. All have been long term tenants. We are wanting to try some sho...
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Is it better to claim everything you can as far as write offs or pick and choose? I've had people tell me both. I'm a new 4plex investor and I'm pretty clueless on doing taxes for real estate business. I want to buy m...
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Hello,
I know this is not really investment related, but I will be closing on a primary residence property. The seller is asking for a “lease back” option for a few weeks since they need to find a place. Is this comm...
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Hey everyone, I was interested in doing student housing and I know individual room rental is becoming popular. My question is, how do you determine rental rates when doing this? Do you just go by the going rate for t...
I came across a half acre of property in my little town tonight and it shows the land owners name then has (Deceased) next to it. The taxes on the property have not been paid since 2015. I plan on calling the tax offi...
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Are you planning to evict your tenant?
An eviction lawsuit is filed by the landlord to remove tenants and their personal properties from the rented property. In Texas, evicting a tenant is governed by Texas Property ...
I own a commercial building with my spouse as an LLC. We file a partnership tax return for the LLC and its not treated as a disregarded entity and have a very low basis. I have been approached by an Investment group t...
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One of my friends has a property under lock and is looking to raise a syndicate. He needs to raise $13M and claims he is investing $1M of his own money. The property will be held as tenants in common and is located in...