Rob Duhon
Best Flooring For a Rental
I just purchased my first rental. It's a single family home in the Dallas area. It doesn't need much work, but I have to replace most of the flooring and paint. I plan to replace the carpet in the bedrooms, but I want...
Robert Ferrell
Why should a seller offer financing with no money down?
Being a new investor with absolutely no money in my bank account, I am very interested in the prospect of Seller Financing. I have read that it is usally much much easier to work out a financing deal with a property o...
Brandon Gamblin
Property taxes in regards to investment property
Question #1: Upon the purchase of an investment property that you will be rehabbing, its understood that property taxes are to paid. But at what point? At closing? I'm also told that property taxes are a holding cost,...
Matt C.
Owner Financing 101, so I can understand the Dodd Frank threads
I have been reading the many Dodd Frank threads here on BP. Opinions seem to vary dramatically about the impact it will have. I have an interest in owner financing, etc. so I am eager to understand the new regula...
Val J.
overbidding on properties at auction.com
I was interested in a property that I saw on auction.com. I went and viewed it and thought it might be worth a go. The opening bid was $17, 500. By my estimate it would need at least 20K+. The auction began Friday an...
Jason Mak
Offering my Retail Tenant a Credit line on past due rent
Hello Bper's
I recently acquired a retail building and I have a tenant who has trouble paying his rent. His rent is 6k a month and he is sometimes able 3000 in two separate payments. His business is somewhat seaso...
Shantal Lawrence
New house, basement flooded!!!
hi everyone. So my husband and I just bought a house. We just moved in on Sunday. Today there's heavy rain and as a result the basement is flooded! This was not in our disclosure, there's been lots of heavy rainfall f...
Steve Fitzgerald
What do you look for in a property management company?
Why are your criteria to define what a good property management company is? What are your non-negotiable?What are the red flags?
Shane M
Two props in one, freebee or a lot of headaches?
I've been looking at a deal that apparently has 2 properties on the same lot. When I look up the tax info. I get one record as the primary property and another as the primary and the secondary property.... how could t...
Christopher Cruz
First Investment Property - Too Good to be True?
Hello and good evening everyone!
Long time reader, first time poster!
I've been keeping an eye on 4unit multifamily unit buildings (to stay qualified for FHA loans) in markets that I am interested in/would be alrigh...