Well, I just got a message from them that they want me to get the house tested for lead and asbestos, and they need those tests before they will give a deposit. Is this reasonable?? They *do* have a 10-month-old boy...

With 2016 right around the corner, now is a good time to reflect on 2015 and what motivates you.Real estate investing offers great benefits to those who have the desire and work ethic to be an entrepreneur.  To be suc...

So hurricane Harvey was very devastating to all the houses in Houston but luckily my rental property did not suffer any damages whatsoever but I did end up loosing my truck that was paid off for so now I have to take ...

So I have had many properties that I had put the typical 20% or 30% down on a 30 Year loan and had a Fixed payment with the bank.  When I had extra money or a large commission I would always put large amounts to the p...

Hello! My property manager is telling me I need to upgrade the electrical panel on one of my units from 100 to 200 amps - the cost will be around $4k. For reference, the unit is a 2/1 and around 1000 sq ft. It is half...

Hello! I'm learning about real estate investing and am very interested in the buy/hold strategy. I've been running some numbers and, I'll be honest, I'm having doubts as to whether or not this strategy is worth the ri...

Ive been trying to confirm the tax consequence of selling my rental unit and am so far astounded at the negative tax implications ive found.  I purchased this unit in 2001 for $400k and converted it to a rental in 200...

Hello, I just evicted my tenants who stayed in my property for only 11 months. Unfortunately, they left my property with damaged carpet, holes on the walls,  in additional to leaving behind their filthy belongings.  N...

My client, let's call him Paul, was not happy to owe the IRS $100k - the tax penalty of having a successful flipping/wholesaling operation. So, based on his buddy's advice (sounds familiar?), he ordered a cost segrega...