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I have my first property manager for one unit. This is the second month this tenant has been in there, and he hasn't paid yet 21st of the month. However, it is normal for the Property Management Company to charge th...
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I am a builder investor out of the Houston area. We went out and pulled two appraisals, one by me and didn’t share in the beginning because I didn’t want my appraisal to be bias. The clients bank (buyer) went out and ...
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I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...
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I am going in on a 3-unit house with my investing partner, Mike, and we are trying to solidify an agreement for equity given what each of us is putting into the investment and the fact that we plan to split monthly ex...
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How can I get started in medium multi-family without a track record? I am thinking the 16-20 unit range. Obviously need about ~75% loan from the bank and would need significant money from a partner for the down paymen...
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What percentage of a ARV - repair costs would just be considered a steal? I know for flips you try to go for 70 % arv - repairs. But what is the best scenario to quickly flip the property to another investor? 60? 50? ...
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Hello all, Can fellow landlords give us examples of minimum credit scores they accept for their properties, and the rent of those properties? Thanks! (Ex. Minimum 600 score for a $1k/month SFR...etc.)
I have lots of leads for wholesaling lease options.
What is the best way to structure this?
Should I use an exclusive option, or I have heard of non-exclusive options where the seller can continue ma...
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The wife and I recently painted our kitchen countertops. We both think it came out great, at the very least much much better than the laminate look we had before. Painting the countertops could be a very economical wa...
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I have an all-star tenant that I wanted to keep. Let's call him Mike. Mike wants to re-new the lease for one more year, but one of his roommates graduated and is moving out. In order for Mike to stay, he recruits his ...