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I was offered a 4.5 variable rate, closing cost of around $300. The way it is amortized is a little different. If it's under 5k it's amoritized 5 years. 5 to 10k 10 years, and over 15k, 15 years. This seems like a pre...
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My tenants want compensation, just wondering if any could shed some light on this issue?My renter txted me the other day saying the well water was bad at the acreage they are renting from me, they got the water tested...
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Today was my worst day ever landlording. I evicted a 86 year-old lady and her 50-something unemployed daughter. I purchased the property back at the end of May. Right after closing I gave the lady the option of paying...
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Hello,
I've been lurking/learning here for a little while.
LOVE this site and it's lovely helpful contributors!
I'm considering getting a Texas Real Estate License before I start REI.
I've been studying/investiga...
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Hey all,I recently came upon an interesting opportunity to purchase an 8000 sq. ft. 20 bed 7 bath retirement home that I plan to turn into 6 apartments. I figure I can get the property for $210,000 plus closing costs...
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Hello,I'm looking for thoughts on this situation as I've never had a tenant make this type of request.The broiler stopped working on his new stove. He contacted me 15 days laterto tell me about the problem. He since t...
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Hi all,
Wondering what your thoughts and experiences are on the following:
I'm a flipper, and as an 'incentive' for agents/brokers, I generally agree for them to be the listing agent of a property that ...
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Last week we hit our investment goal of $35k a month gross rental income. We bought our first investment property in August 2011 and the vast majority of our growth has happened in the past 10 months. We (my husband...
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I've been searching for a new primary recently. I've been working with a realtor for the last 6 weeks. Without getting too much into details, I feel like this realtor is just waiting for me to call him when I need an ...
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Hey BP family - I am very new to RE Investing. I decided to make RE Investment a focus a year ago, and as of four weeks ago, my wife and I have picked up five properties. Below I tried to give a brief overview of my c...