Good morning everyone, I was wondering, if I want a property paid off in three years, and I put 20% down, should I put as much as I can monthly (I can add an extra $4,000 per month) or, should I put the $4,000 each mo...
I'll try to keep this short...Have done 3 mailings ( a combination of yellow letters, hand written and stuffed in pretty envelopes letters, postcard mailings). Total cost approximately $2,500. Response rate roughly 1-...
We have a tenant who is running an unlicensed daycare. Do we incur any liability? There is no exclusion in our rental agreement.
When you purchase a property and immediately rehab before renting out, do you add the cost of the rehab to your basis of the property, or do you take a loss that year? Does it make a difference if you have a bunch of ...
Hey there,
I have a new client (an owner of a couple of properties) and looking to sign him on a Property Management Contract. I'm attaching the one I have at the moment.
Any thoughts? It's pretty short, which I l...
[Likely questions with an obvious answer to all you experienced folks...]My rental property is in Arkansas where the state statute notes a 5-day grace period. If rent is due on the 1st, can I send a "you're late" noti...
Planning to sell a home in Leander, TX to our long standing tenant. They’ve always paid rent on time. Not sure of their credit but I think they can pull of a small down payment and regular payments. Looking for advice...
So there is a property on hubzu I'm interested in. REO auction that starts at 99k. ARV about 155k. Initially I thought it was a great prospect. Went by the house and estimated repairs to be about 26k. Take away b...
I purchased a property in Dallas well below market value from a wholesaler in October 2016. I fixed it up and put it on the market in February 2017. In the next couple months, I got a couple offers, but they fell th...
We are selling a cabin in Wisconsin however the buyers lender said they want an old abandoned cabin burned before committing to their loan. The county has not condemned or deemed this old cabin on property as a hazar...