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I have a tenant who was 3 and half Months behind on paying rent. We had to wait a few more weeks for a court date, had to wait another business wk to get a writ, had to wait another 2 wks to get a call from the Sherif...
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I had a rough tenant who finally moved out. It’s been a long 18 months and to no surprise she left the place a mess. We replaced all the upstairs carpet. I only charged her for one room because it smelled heavily of d...
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Is it customary to ask your GC for an itemized list with receipts of all materials? My partner and I just finished our first rehab project and I've been getting generalized invoices. I'm not seeing what each thing cos...
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I just have some general questions about taxes on real estate income:1. If I turn a profit on real estate, what tax rate would I pay? Long term capital gains? 15%? 23.8%?2. Is there a way to always avoid taxes even af...
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I have two rental properties (1 single family + 1 two-unit), but this is the first year I've encountered tax season as an RPO. I have a CPA I intend to have file my taxes, but it sounds like they're not expecting me t...
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I am currently reviewing the performance of one of my single-family homes. I bought during when the market was very low. I’ve seen excellent appreciation and it’s performed well, producing anywhere from $200-$400 ne...
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Hello, I’m new here looking to venture into Real Estate Investing. I’m located in Texas and am looking for guidance on ensuring I complete my first transaction properly. I’m interested in learning more about contracts...
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As a wholesaler I often found myself feeling the pressure to offload contracts as fast as possible when I was first getting started. I realized quickly, that was not helpful to me or the prospective buyers/investors I...
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Since many condos have outside and structural maintenance built in to the HOA fees - do the rules still apply? I realize that some maintenance always will be necessary, but it seems some of the bigger ticket items can...
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Evicting tenants due on 1st for breach of lease. Texted me they were moving on 7th then gave 4 different dates. Their friend told me they now live in another house but they left a lot of stuff and a week after the las...