Christopher Stafford
Possible Investment Property-Duplex
I am looking to buy my first investment property with a VA Loan. I was wondering if you all good analyze this deal with me. The property is selling at $194,000 4 Bedroom, 2 Bathroom Duplex with two car garages on th...
Brian Louderback
Bank said NO to putting house in LLC name
My wife and I formed an LLC to use for our new rental business. We just purchased our first rental a couple months ago and are just about done with all the renovations. So I called up the bank to see about doing a qui...
Helen Lee
How to decline a prospective tenant based on credit or income
When renting my properties, I have prospective tenants claiming their felt being discriminated aagainst because they were declined due to their credit score or income. Though I am free from such complaints since it's ...
Collin Baumann
Due Diligence Period
Hey all,So my wife and I are super excited. We are under contract on a Single Family Home with a legal accessory apartment. We are going to take advantage of this and house hack it. We are currently in our due diligen...
Silvia Ochoa
Dallas City Council bans STR's
June 14, Dallas City Council votes to ban short term rentals like Airbnb and Vrbo in single-family zoned neighborhoods. Enforcement will take effect in December of this year. This effectively ends the " wild wild west...
Gregory Massi
Top 5 for lease agreements
Hello everyone. I am purchasing my first investment property in two weeks and was wondering what are your top 5 rules/policies/terms that you like to include in your lease agreement (that aren't found in the typical l...
Christen G.
My tenant is suing me...🙄
Hey folks, looking for any experiences you can share that are similar and/or advice on how to best prepare for this upcoming Mediation date. I've never done this before.Here's the story: we inherited a Section8 tenant...
Clayton P.
Cease and Desist message from local police re: foreclosure help mailer
Hey all
Got a voicemail from the local police, saying You need to stop right away the "help with foreclosure" messages (yellow letter'd pre-foreclosures with auction dates in the next month or two) yadda y...
Chris May
Rental DTI hampering personal residence search
I've posted about my struggles with this issue before, but I have a new conundrum that I'm hoping folks here can help with.I own a high end duplex with correspondingly high mortgage and taxes. The income it generates ...
Account Closed
Gun Issue in Tenant's Apartment
I am hoping to get some input on the community as to how to best handle this issue:Last week a gun was fired in a tenant's apartment, it passed through his unit and went into another unit. Luckily nobody was hurt. I...