I have a problem that has me completely stumped at the moment. I have a property (1 unit of a duplex) that is currently tenant-occupied. The sewer line runs out of my unit, under the lawn and driveway of the other uni...
Hi there - what do you all do when a tenant's deposit does not cover the damage? Can you file in small claims court and is it worth it (property in Houston metro area)? Can you report this against their credit as an i...
Hi there,
My elderly father owns a home in an affluent part of Northern California. He purchased it in 1982, so it has a low basis (and tons of deferred maintenance). He'd like to fully retire and sell it and then to...
Hello BP,Does anyone know where I can obtain the necessary forms for the lease option process? I feel like id be more confident having all my paperwork in order before I start calling potential buyers/sellers. Also wh...
I have house free and clear. Finishing my remodeling this month and want to refinance with DSCR loan. How to find a right credit union?
Hello! I have been looking at getting into real estate for the past year or so, and my husband and I are finally ready to jump in. Here is our situation: we downsized about 2.5 years ago to a house that we had planned...
I bought a condo in downtown Hollywood , Florida a year ago with the intention of making it a short STR unfortunately the rehab phase is almost impossible since I can’t get dependable contractors to do the work. That ...
When does it make sense to NOT complete a 1031 exchange?I have acquired a vacation-esque property in an exclusive gated neighborhood. I plan to sell this home. I expect to walk away with 400-500K but my investment st...
Fortunately, I actually like my parents. I'd actually enjoy having them live downstairs in the finished basement apartment —if I only had one. My parents live 7 minutes from me in a rental house. They're at an age whe...
I have a property that I'm looking at doing a lease option with. My question involves the monthly rent credit.
Monthly rent = $575
Rent credit = $150
Total monthly payment = $725
Agreed sales price = $62000
Initial ...