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I have a property I own with my ex-husband. It's in Houston, TX. I consider it an "A" property. Good Area, good school district. Tenant always pays on time and has a great job. The lease is coming up for renewal and m...
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Hello, I am thinking about buying an multifamily. Should capex and expenses be kept in separate accounts form your personal cashflow?
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How are folks adjusting their maintenance/repair and cap ex expense estimates when an HOA is present? My thought is that maintenance/repair would stay the same, but eliminate the cap ex since the HOA covers those typ...
A little over a year ago, I encountered a landlord's worst nightmare. The tenants I had stopped paying rent. Being inexperienced, I kept giving them more time hoping they would play catch up and pay the late rent fees...
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I am just now coming out Marcus & Millichap's training program and have been assigned to specialize in brokering apartment buildings in northern Colorado. I joined the firm because I knew I wanted to invest in mul...
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Every month I put 10% of all rents collected in a reserve account for cap ex. I don't expect any major system expenses in the next few years, as most of my doors were total rehabs after I purchased them. I have ample ...
So I've asked this before on other places and I seem to be running into conflicting opinions; some think I should be fine, others think I should be worried and there are thingsI need to do.Situation:I currently own a...
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I'm divorcing my husband. We have a beach house in North Carolina that's under water to the tune of $150,000. A short sale is out of the question; we make too much money. A commercial broker and CPA friend has suggest...
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Ok so I’m buying my sisters house on land contract in Ohio. Currently my ex brother in law is living in the house on a verbal month to month lease agreement he had with my sister. He is has been paying the rent late e...
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Is it legitimate to deny a prospective tenant because of their ex-husband( criminal felonies etc.)? Especially when they have children together. Obviously at some point the ex spouse would be on the property to pick-u...