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I have a 3 bedroom townhouse worth approximately 115-120k. I owe about 90K with 20 years left on the mortgage.My total mortgage payment is $725/month. Includes taxes and insurance.HOA is $110/month. Covers water an...
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How much should one expect to pay in closing costs for a typical rental property loan right now. I am looking to borrow $225,000 with a conventional loan. I see these online sites with rates as low as 3.75% APR, bu...
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I own a duplex in Austin, very close to the Domain (an ever expanding area, even during the pandemic). I got it at a great price about 5 years ago, due to its foundation issues.
During the sale, our real estate agent...
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What are the top three (or more if you're willing to share) types (regarding subject matter, i.e. water leak, A/C broken, etc.) of phone calls you get from your tenants?
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Hello, so my tenant has bent the key while trying the lock . They say it is unusable at this time . Is it my responsibility as landlord to replace this key if possible ? I don’t even know if it’s possible to do so .Al...
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Do rental rates usually fall when interest rates increase and home values decrease?
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Just received notice that my tenant will be moving out of a rental property. Its been almost 10 years since I’ve had a tenant move, so need a bit of a refresher/guidance.Is a move-out inspection is necessary to do wi...
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Hello, Working on my first potential deal. Seller had it listed with an agent for 86k. It is really outdated but no more than cosmetic needed. House has been on the market for 135 days with no offers. House was recent...
Hello, I thank you all in advance for your responses. I am very new to all of this and I am here to learn. I bought my first duplex in 2017, I rented one side through a property management company here in Cape Coral F...
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I just picked up this book yesterday and can't put it down! Probably the best book on flipping houses I have ever read.