David Soest
Whats the average cost for tile installation in Texas?
I'm in La Marque Texas. Does anyone have a good idea of what would be a fair price to have tile installed on the bathroom and kitchen floor and also on the backsplash in the kitchen? A price per square foot?I got one ...
Vladimir Nemchinov
Move out inspection on a newly acquired property
Hello everybody.My question is how do i do the final inspection with the tenant, since I've never seen the unit before it was rented. What do i look for? Do i take pictures of the damages and have him sign the paper? ...
John Kennedy
Should I refund a portion of the rent?
Due to a drain pipe leak buried in the floor of a second floor bathroom (the only bathroom in this property), the tenant was unable to use the bathtub/shower for about a week. She's asking for a rent credit...and I a...
Nick Chungo
NC OTP 14 day extension question
Closing date on a property i am selling in NC is Jan 31st 2020. This contract has been in place for 2 years in which buyer has been a renting tenant. This offer to purchase was written up as buyer not needing to obtai...
Chris C.
Finders Fee on a free house?
I came across a house that is "free" on a church property. The project is too big for me to handle but I thought about pitching it to a local REIA (they allow members to pitch deals) but adding a "finders fee" on it ...
Levi Sheriff
HUD House Foreclosures - Owner Occupant work around
There is a HudHome for sale in my area. It has 9 days until it is up for investors. There has already been a number of investors through. But no owner occupant bids yet. I am fishing for ideas here, but is there a...
Joe Kim
Tesla model 3 - lease or buy?
I'm not a big fan of leasing a car and never have. As a real estate investor, leasing can be a negative on our credit score and it probably affects our debt/income ratio too. I usually pay cash for my cars so I nev...
Dana Holland
Security deposit return with no forwarding address
Tenants moved out at the end of last month. I need to return their security deposit by the 18th (per local landlord tenant laws). I emailed them a week before move out to request a forwarding address and letting the...
Mariel DeVito
Does the 1% rule apply to Multi Family Purchases?
BP offers a calculator to help determine whether a property is a "good" buy. In situations wherein you don't have access to the calculator, can you apply the 1% rental rule for SFH to MFP? What's the fastest way to ...
Lauren Koon
CPA recommendations please
Hi everyone!
I am FINALLY closing on my first investment property on December 15! With that being said, I am looking for recommendations on a CPA to add to my team if anyone has any good recommendations please reach ...