I currently manage my mother's property that is using a rent by the room strategy. Last week the A/C in our unit fried from a power surge and required a new thermostat and tablet piece. After back and forth with the t...
Topic came up in the office today about the pro/cons of section 8 renters. When I lived in Houston, I've always been told to stay away from section 8, because low quality tennents can do some serious damage. However, ...
Disclaimer - I type out the notes as I go, on my iPad. Grammar mistakes highly likely.Real Estate LoopholesWritten by Kennedy and SuttonPart One: Being Smart You need to learn to OPEN tax loopholes for yourself and CL...
Hi Everybody,I'm currently in the greater Seattle area and extremely interested in a live in flip for my first property (most likely a SFR due to Seattle's extremely high prices). I'm curious on how some of you guys d...
Hello,Kind of an odd question. I have a dilemma where my current property manager may retire in ~5years. I mean that's still awhile but I am the type of person that likes to think many years ahead. I recently graduate...
I know that with residential properties, you need to be there for your tenants or have a property management watch over the place.
Is the same true with commercial? Or can you basically write into the lease agreemen...
Hi,I posted a listing on Zillow and received an application from one of my current tenants asking for an application. He doesn’t know it’s my listing. We were just at the property last Monday for 4 hours doing repair...
I recently bought a property at discount to fix and keep as a rental, a week later the realtor calls me and tells me she has a buyer and I can double my moneyI paid $20k for it I had 1 contractor give me a $30k bid an...
Hello all,
I have a Tenant who is in the process of being evicted. He has been served 3 times in the last few months. He agreed (and signed statement) to move out by the 15th of this month, but apparently Leg...
Fully rented upstairs/downstairs duplex in a village setting about 45 min from a mid-sized city. Each unit rents at $600/mo for a total of $1200 gross income monthly. Utilities are separately metered and paid by ...