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I read this article and at the end, the writer said it is better to rent to an illegal immigrant than not to. I have my thoughts but I was wondering what are your thoughts? I'm in the conservative state of Texas but l...
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I've been renting out my property for a few years now and haven't had any major issues, just wanted some feedback if there's anything I can do better to improve the entire process and a few questions.
1) Advertising
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I just started managing one of my rental units after a several year hiatus (it was managed via a property manager during the interim).
I'm screening applicants for a vacancy, and I noticed something odd. I pulled wh...
Hi All,
I just want to know all your feed back that I got these following questions from a potential tenant who ask these just a few days before promising to come to sign the lease...are any of these red flags or nor...
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Let me start and people can add:1. Deeding a property in their personal name to a LLC.Why, because you now have additional costs and are getting no asset protection since your LLC didn’t buy the property (and 99% of t...
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I am trying to get around the 10 mortgage limitation that most banks have these days. My partner and I are buying distressed multifamily (2 - 4 units) with hard money, rehabbing the properties, putting good tenants in...
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I've been working on jobs i don't like and aren't paying much. I don't have alot of credit established and i can't qualify for loans. I'm really just frustrated with the process of entering real estate without any cre...
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Can someone tell me a bit about the 1031 process. What I mean is, I have a property I am selling and I'd like to 1031 it. Do I have to place all funds I recieve when I sell into the new property? Or, can I only pla...
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Hi,
I read a post here that states every lease should have an early termination clause with a fee. What do you suggest as the terms and the fee?
Thanks very much in advance.
Mike
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MY dad (who turns 80 tomorrow) finally is willing to give up control and literally stop changing water heaters and fire alarms and collecting rent for 30 tenants.His time is short, he called me to take over since my s...