I need to cash out refi this year, to pay down some hard money loans, my DTI took a beating. My lender wants to see 6k of profit between 3 properties. I asked my CPA, his reply below.Can you define “profit”? Is that t...

Cashflow has been a tough find in the Phoenix market for a while now. The crazy amount of appreciation combined with interest rates rising that seem to be steadily rising since the summer of 2022 making it very diffic...

Hi everyone, I have run into a situation I could use some guidance on.  I purchased a house, fixed it up (new paint, drywall in areas, lvp throughout, and blew in new insulation)  after it is all done, we still have a...

Hi, I was wondering if anyone has any insight on strong MTR markets in the northern Dallas suburbs area? I know they are greatly appreciating but I am unsure on what aspects to consider to see which of the specific ma...

I just started my llc October of this year through the state of texas. if I don't receive any funds this year or do a deal this year do I have to file taxes? ive spent money on starting the company and filing and mark...

We bought a duplex and several months later an existing tenant is complaining about rodents.  I contacted a local pest control company and they want $100 to start and $45 per month for both units and a 1 year contract...

Hi - I have one rental property. It is a townhouse that shares walls with three other units. The neighbor just placed a note on my renter's door stating that they are starting termite treatment on a shared wall. My re...

Tenant says that Lady Bugs are driving her crazy. She wants to call an exterminator and pay for it. Last couple of years I've had them and they go away. Any thoughts?

Hello Everyone,I am in the process of closing on my first rental property in Kansas City! Just went through the inspection process and the inspector found termite damage along the front wall of basement and basement r...

Got that call at close to midnight that my famous tenant, I call her Bed Bugs, had a grease fire while cooking french fries. I arrived at the bldg to find all the tenants standing in the rain and about 15 firefighter...