Howdy Houston REI's,I thought I will hear stories from investors and landlords from the GREAT TEXAS Winter Storm but surprised didn't see much. Anyway, let me get started and share my story and lesson learned.Yes we a...
I have tenants who are behind on rent for various reasons. Last Sunday I told them if they'd at least pay $500 that I would promise to not file Disposessory on Monday and they did pay. They are still behind a month an...
When I first got started investing in 1-4 units, I always thought having tenants when you purchase a 1-4 unit is a better deal than it being vacant:1) It could mean that something could be wrong with the property prev...
Hi,I'm doing my first mid-term rental lease. The property has been a SRT for the past year so is fully furnished. Learning that this is a very different animal! First question, any suggestions of what to put in the le...
Hi everyone, I would love some feedback on a property that literally fell in my lap. A 6 unit building next my complex went up for sale. At first it looks amazing, property next door to mine, PM is the same PM that ...
Hi All - I've seen quite a bit of confusion on the application of the Passive Activity Loss Rules and Short Term Rentals. Beyond BP, there is a lot of confusion in the accounting community as well but the same rules...
I’m hoping my story will lead to some great connections here and maybe help a few people in the process. So, here we go..
In 2018 I sat down at my desk to go over my bills, which I was barely making. I had finally la...
How did I do on this deal?So, I decided to purchase a second rental property. The property I found was a SFH on foreclosure auction. The price I finally bid was $76k with approximately $4k closing and buyer's premiu...
Curious to hear what everyone thinks. If you had to choose between owning a business and renting the space vs. owning the building and renting to the business, which would you choose?
I have a prospective tenant apply who seems a great fit and is a friend of a friend. I recently found out he is a smoker. I did not even think to ask but instead saw him smoke. I was all ready to rent to him.
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