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I have a MFH housing unit. Two units share a washer and dryer. Both tenants moved in within 2 weeks of each other. The Washer and Dryer were purchased brand new in August 2019. The washer and dryer were delivered t...
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As tenants, I'm wondering what kind of offer we could present to our landlord to buy the house we are renting. Why would we want to do this, why would we even think that the landlord would be open to such an idea, and...
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Hi BP I recently heard a story about someone buying a 2 family with a 3.5% down FHA. After about 8 months they refinanced. They then took the money they cashed out from the refinance and used it as the 3.5% down with ...
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I'm going to consult an attorney, but any help from experienced Texas landlords would be MUCH appreciated. THE SCENARIO: I've got a tenant couple breaking up, not yet divorced or legally separated. Husband has been di...
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I am a new landlord renting out my first rental property. Does the IRS consider rental income as regular income and tax accordingly (30%)? Are there any special tax breaks or deductions?
Hello everyone,
I am new to all of this, I really enjoy reading the site it's very informative. I just would like to have a mentor so that I can learn from them. I'm interested in rehabbing homes and then renting/sell...
Hello all! Just finding this site. We have had some really mixed experiences this year with inconsiderate guests, and we have been playing around with the deposit vs insurance. As most would recoginze, most guests ...
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Hey everyone thanks for your time if you are reading this. I reached out a few months ago for some advice and thanks so much. I have be rolling solo with a selling broker. No leads, no nothing. I have closed one deal,...
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Hi all,I tenants that would like to break their lease but no clause in the lease covering the situation. They have been in place for a little over a year and signed a second lease through April 30 so we have 8 months...
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Good morning everyone,
I'm developing my local LTR search criteria, and would appreciate any input. Please be frank, and let me know what you think. Lance
Criteria:
My ask: I’m looking for a SFH opportunity within ...