When i ask for advice for what tp dp with a tenant who skipped out on rent, i get the same bull. You know why? Because were all a bunch of powerless landlords. Here what people say:it costs too much for an attorney to...
Hi BP I recently heard a story about someone buying a 2 family with a 3.5% down FHA. After about 8 months they refinanced. They then took the money they cashed out from the refinance and used it as the 3.5% down with ...
Hi All,I was hoping to get some of y’alls opinions on how today’s news about Opendoor could impact our business.I have personally received a slick letter from this company, offering to buy one of my rentals.They just ...
Hello, All!
Situation:
I have a buyer that is looking for apartments here in D/FW that meet the following criteria:
1) Age of Apt. Bldg.: No older than ten (10) years
2) Equity: $30K bare minimum.
3) Very little ...
Hi,
An idea popped in my head regarding the coming (and current) housing crisis... What if it would be feasible to purchase a vacant commercial building and convert it to a multi-family/apartment/condo. Yeah, it may ...
I am actively interested in tax deed auctions in Houston Texas and my favorite county is Harris. However, the stiff competition from investors all over Texas makes it rather frustrating. Aside this County, what are th...
Hello All, Please help me poke holes in these numbers (owner provided for the most part). C Building in a B area. Unsure about deferred maintenance at this time. Thank you!Unit Type/ Rent /# of units2 BDR $750.00 (1...
My question is what is the proper way to screen/credit check a business who will be paying for a residential lease? I have a potential renter for a single family property where the company they work for will be payin...
I applied for a cash out refi on a rental I own in Memphis. Broker took my application and other paper work. I wait and wait. Follow up a couple times. Still waiting on lender is the answer I get. Finally, THREE...