Sneha Patel Campanella
First real estate side hustle. -Orlando area
Hi All,
I work as a medical provider and my husband is in the IT world so new to real estate investing. My husband and I are looking to purchase our first real estate property other than the home we live in. We have ...
Benjamin Perkins
Am I required to fill the water on my tenants steam heat boilers
Purchased a duplex a few years ago and inherited two longstanding tenants. The last owner was in his 80s used to stop by once a week and fill the water in the steam boilers. Both tenants expect this to happen as part...
John Brige
I need advice on the Gotha / Windermere area
I'm thinking about buying a few homes in the Gotha area. Gotha is located next to Windermere. Windermere is home to many celebrities like Shaq, Wesley Snipes, Arnold Palmer, Tiger Woods, Grant Hill and so many more. W...
Kevin Dickson
Flood Insurance Catch 22 - Lesson Learned
We have a rental house in Jamestown, CO., which was flooded two weeks ago. Our house was fine, but all utilities are off and all the roads were washed out.
So now it's worthless as a rental house, but I'm no...
Leigh Ann Smith
Does the 50% rule apply in Texas?
Property taxes run about 2.8% in the Houston TX area. So, for a $100,000 house, that's $2800/year or $233/month. Do you just throw out the 50% rule in areas like this?And don't get me started on flood insurance....
Andrew Jolly
My First Commercial Real Estate Deal
I've come across an opportunity that I almost cannot pass up, but I wanted to run the numbers by you guys just to make sure I'm not missing anything. The deal is 2 buildings, close to where I work and live. Both are 3...
Sarah Jukes
Extra $3000/mth, pay down mortgage v SEP IRA v 457 def comp retirement
Hi! Just purchased our 2nd investment rental property. Loan amount $304,000 7.3% interest (house value $600,000). Other rental loan is 3.5% $553,000 (house value $770,000). We can pay an extra $3000/mth. Could pay off...
Steve Shaw
Cash For Keys: What to Offer Inherited Tenant? (Non-M2M Lease)
Purchased a duplex in October 2019, and inherited a tenant as well as a 12 month lease that extends through May 2020. While we've attempted to show good will and provide reasonable accommodations, our tenant has unrea...
Kush Khandelwal
Tenant wants to break lease with mold excuse
My new tenants SFR in Grovetown, GA are complaining of possible mold and wishing to break the lease. Seeking any advice. To add more background.
I purchased this property in October - it's a 2004 SFR in great condit...
Jayden Hamilton
garage door does not close properly
Hi, so I just got a 30-day notice that my tenants will be moving out. I plan for my property to be available for rent on August 1. There's one issue, the tenant pointed out that the garage door does not close correctl...