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We just bought a single family house with an intention to move in, but our situation changed (kids daycare related) and now we want to rent out for a year and then move in. Has anybody been in this situation? Did you ...
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Hi BP,We have been leasing apartments in our multi family units for a while now, but have never before seen the possible need to include a lease clause with the Golden Rule in it- treat others as you wish to be treate...
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Hi everyone,I'm evaluating the viability of a property that is an old gas station and I want to make sure I know everything related to it. It's been sitting vacant for up to 8 years and it's owned by the county becaus...
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How are you guys able to make deals cash flow with new rates (assuming traditional bank financing)?For example, a retaltively cheap house in the Houston market is listed at $250K. Assuming 6.73% rate, 20% down, 30 yea...
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I currently have a house on the market that I previously lived in for the past five years. I want to rent it, cashflow the property, and take a HELOC out to do further investment. Is it possible to get a HELOC on a re...
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So unfortunately, my relative's husband just passed away and she wants to sell her house because she doesnt want to live there anymore :( . She asked me to help her and I see this as an opportunity to start my real es...
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I have an active realtor license, but would like to purchase a FSBO property without using my license. First, can I even do that? Second, what do I have to do make sure I don't have to pay commission to my RE broker c...
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Gov Wolfe of PA issued an order today to shut down all business physical locations that do something other than offer life-sustaining products or services. It may shut down the entire PA real estate industry. It say...
Peanuts or Problems?I found an out-of-area executor of an estate willing to sell his deceased relative's home in Michigan.-Elderly women passes away with a debt to nursing home and other related health bills liened ag...
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I have a tax-related question. I acquired an additional property in October last year and incurred rehab costs in the last two months. Since it’s not my first property, I think I can deduct operating costs on Schedule...