Tom Hertz
Rental Property Purchased with IRA
I would like to purchase a property with funds from my IRA to use as a rental property. I know there are rules regarding who I can and cannot rent to (like family members). I would like to do a lot of the managemen...
Destiny Bowen
New Duplex Owner; Previous Property Manager Issues, Help!
Hello, all! I am seeking some advice as I am new to the RE life and am stumped by the lack of professionalism and excess of hassle it has been thus far. We finally closed on a duplex in the middle of July. One tenant'...
Kate Jones
Keeping track of tenants
When you are switching tenants, do you take pictures/videos of the room/home in-between each group of tenants? If so, where do you store them and how do you organize it?
Collin Garbarino
What Appliances Do You Supply?
I've got a question about appliances. I'm getting my first property ready for rental in the Houston area, and a contractor who works with a lot of investors told me that I didn't need to put in a refrigerator. He said...
Vincent Plant
Tenant is ALWAYS late. When is enough?
I bought this property about a year ago. My first tenant has been in for a year and things have been bumpy since the beginning. They have been late just about every month. When they are late, I follow strict protocol,...
Craig S.
Best way to estimate operating expenses on a rental?
I am looking very closely at my first deal on a duplex (owner occupied for 1 year). I have been looking at several duplexes and am trying to make sure I have all my numbers in a row.
What is the best way to ACCURATEL...
Rick Levada
Pier and Beam houses in San Antonio
Anyone have any experience with the cost and options to level sloped floors in an older pier and beam house?
Blaine Watson
Buying a 24 unit as your first multi-family investment
Hi everyone,
I wanted to get some ideas on whether to save up and do a large multi-family complex first (24 or so) or whether to start small. I want to be cautious, but also hear that its hard to generate cash flow ...
Mark Brennan
Tenant’s refrigerator broke.
A tenant’s refrigerator broke and the earliest any appliance tech could get out to look at it was 7 days later. I told the tenant there was nothing I could do, but to buy bags of ice and put them in the fridge/freeze...
George P.
Washer died. Replace or repair.
A 9 y.o. Whirpool washer just died in the rental unit. My first reaction was to replace it with new (for no more than $500, some basic washer). But then I thought of fixing it - but since I never dealt with fixing,...