Just doing an update/ checkin with our major bank.   For reference they are a regional state bank.  Federal lending limit around $20mm per customer as a reference point.Asked how is the financing outlook from their ba...

Situation: Rental applicant is in town on extended business. She says at least 18 mo. She and an associate would like to apply/ sign a 12mo lease. Should I add to the monthly rate since I know she is not a long term p...

Even when you love your job there are parts of it that can feel like a drag. What is your least favorite part of our industry?

I have tenants that with a lease expiring at the end of May. They've already given me notice that they are leaving at the end of their lease because they are buying a house. They just asked to extend their lease throu...

While getting a quote on a property, my USAA account asks "Is this property rented for periods of less than 6 months?" Yes or NoDoes anybody know why this is and what impact this has on the quote? What if I started wi...

A couple of questions as I'd like to improve how I do this with my tenants:1) do you raise rents annually and if so, how much and how do you determine how much?2) could you recommend a quick script so to speak of how ...

Hey team, I was in escrow (have since closed) to buy a duplex and the two tenants were in 1 year leases ending in 4 and five months from closing.After closing I get an email from my PM saying, hey btw a new one year l...

I have family members asking to private finance me multiple deals asap. I am just about to close my first deal in a few weeks.

Financing deals with family, Good idea or bad idea????

My market has 18-20% cap rates a...

Hi everyone! I've been reading a lot of real estate books, but I guess I'm having a hard time understanding the difference between the two? Options gives me the "right" but not the "obligation" to purchase the home. W...

Since I sold a property last year, I have a lot of capital gains tax to pay. There's an option to pay in installments within 6 a month period, but with fees and interest. It doesn't say how much the fees and interest ...