Cristin Andrews
How to handle property manager leasing to person with warrants for drugs burglary etc
Hi. I just went through fixing up my rental that had about 10K damage from previous renters ( in a B neighborhood) in Houston. This is my only property and it is the house I raised my kids in in a nice family neighbor...
Todd Dexheimer
Top Multifamily Markets in 2021 and Beyond
I hear so many people asking what the best markets to invest in are. First, my answer is look in your own backyard to make sure that is not a good option. If you say, "thanks, but no thanks," to your home market, then...
Carlos Simmons
$400k to Invest. What would you do?
Will be cashing out soon from a company buyout. I will end up with about $400K cash after taxes. My first impulse is to purchase 4 $200k homes with $100k down on each and rent them out. The thinking behind that is ...
Amy Mueller
tenants complain of paranormal activity
Two days before rent was due my tenant asked if I had been at their house the night before because the garage door was up and the light upstairs was off that they usually leave on. I had not and suggested that the ga...
Scott Stallings
Pet policy
hey guys, my name is scott from lancaster PA. I'm a new guy, my first property isn't even ready to advertise yet but I'm trying to nail down what I want my policy to be, right now pet policy. I'd like to allow pets, b...
Bryan Hancock
Vacant Land Tax Deed Bid In Texas - What To Do About IRS and State Tax Liens Post Purchase
We have been negotiating with a seller for a piece of land we intend to develop (if purchased) in Texas for several weeks now and I don't think we'll get a contract. We are gearing up from a procedure standpoint to b...
Ken Rishel
HR 3849
As some of you know, the ability to finance manufactured homes by both outside lenders and through seller finance is seriously in question for homes where the loans are under $50,000.00 thanks to the Dodd-Frank Act. T...
Jim Mootrey
Mold: How much to discount?
I am in the due diligence period on a short sale. The inspector found mold in multiple places in the finished basement. The house has been empty since July and the utilities were turned off. I think that is the ...
Heath Jones
Should I fire my CPA?
QUESTION: Is $2684.25 a reasonable price for CPA to file personal Federal and State tax returns which included 3 sole-member LLCs, all used for operating multifamily REI properties?BACKGROUND: Last year, my wife and I...
Karen Margrave
Tennessee - Best investment areas
I know someone thinking of investing in Tennessee. Their daughter will be going to college there in a few years and they're thinking of buying a house to rent and hold. Nashville, Cleveland, Cattanooga or ? Thoughts? ...