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Hello;I am new to the group and new to real estate investing. I got my first rental property and in the process of shopping for a good insurance for my rental home. The property is located in Austin TX. I would apprec...
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If anybody here has experience with the following, would you please get in touch or share your thoughts on these topics (or point to a forum post or blog that discusses these)?- "Investing" in whole life insurance- Us...
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Hello all,
Here are the facts:
1) Tenant is on a month to month lease.
2) Rent is due on the 1st and considered late on 4th.
3) Late fee is $50 plus $10 for each additional late day.
4) The tenant didn't pay Novembe...
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Hello everyone,I was curious on how you all handle the security deposit when you increase the rent. For example, I have a long-term tenant for 5 yrs when she moved in the rent was 800.00 and the security deposit was 8...
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As someone who reports to sec for our loan portfolio - blows my mind how loans held for sale must be reconciled and valued frequently where as held for investment never have to be adjusted. So banks can just say they ...
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Hi everyone, this is my first post here and I hope to become a long time member. I recently purchased my first home and I am renting out the basement to a friend. This has been ongoing for about 6 months. I do have ...
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HI All,I just had an offer accepted on my first property. I plan on living there and renting out the other extra 2 bedrooms. However, my analysis is based on if I didn't live there. Main objective is to cash flow as i...
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How does Seller financing work? What are the benefits?
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Hello Everyone!I'm new to investing and new to home ownership. I'm about to close on a 70k house. I will be living in it while renting out the other 3 rooms for 900 a month. I would love to hear anyone and everyone's ...
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What will happen if I buy a property for 30K and the minimum loan is 50K that the VA will do? Will they say no? Will they give me the cash:)? Will the seller give me the Cash:)?