I just closed on a house with a master suite that I'm planning to rent out. The suite is a fully permitted converted garage (this was done decades ago) with a permitted utility room, and separate door to backyard. I'm...
Hey everybody,
I had a tenant who I had to let vacate her lease early because of the inability to pay. I found someone to cover the last month of her lease but she was still short one month's rent. This occured last ...
We are planning on entering a partnership with someone we know and have a couple of questions regarding how best to construct a partnership. Both parties would want to have equal equity as they would both be contribut...
In search of mortgage lender that gives grant $ for buying in a low-moderate income "census tract" (geo region that is poorer than middle class). This despite the borrower being high income earner. e.g. Bank of Americ...
I just bought a property with hard money, terms are 6 month maturity with a 3 month extension if needed.
I'm just wondering what happens IF I don't find someone to refi the property.
The numbers work great on this pro...
On the news last night: we've been running about 2 years worth of unsold inventory on the market. Inventory has just been reduced to 7 months worth. For 2 months running, there have been more homes sold than any month...
I became a landlord for the first time earlier this year and made a stupid mistake: I rented my house to two adult smokers and did nott include a "no smoking" clause in the lease. The renters are otherwise very ni...
I just received my loan estimate for a $630k mortgage. However, the title-related costs were shocking. This is my first jumbo loan, so I'm not sure if this is normal or not. Below are the items and their costs, do ...
I am a realtor in a college town. There is probably 260,000 resident not counting students (and constantly growing). We have a community college with roughly 20,000 students (Blinn College-Bryan campus) and a major un...
I am the sole proprietor of single-family used as a rental soon to close. The sale price will be 300K and profit of 200K. I would like to relinquish the property replacing it with multiple properties bought with a fri...