Gregg Romig
Should I hire a GC or try to sub everything out on first rehab
First full gut rehab looking for some advice, should I hire a GC to run everything being my first time or should I try and safe some money and just find the subcontractors and try to manage it myself?Thank! -Gregg
Patricia Watson
Would buying a STM impact my ability to get a primary residence?
My husband and I are thinking of purchasing a STM. We currently own a primary residence, but we plan to sell it and buy a bigger home in a couple of years. I'm concerned that buying a STM would impact our credit and D...
Jack Zhuang
Over paid in Tax return, what should I do?
It's that time of the year, I decided to do my taxes early this year and submitted my tax return last week. As I'm going through my rental leases today, I realized I forgot about a one month vacancy in one of my prope...
Shafi Noss
Tax Topics: What is Passive Income?
Hi everyone, in my last post I wrote about the tax benefits that non-real-estate professionals enjoy by investing in a syndication. There were some wonderful answers by Charles LeMaire and Roni Elias among others. It ...
Peter Mckernan
PMI Easily Removed
I've heard that it's hard, or costly to get PMI removed off a home, and I was hesitant to even ask how to have it removed. I've heard people have been told three year minimum on before it can be removed, I heard it ta...
Jason Prendergast
How to put property in LLCs name?
Ive asked this question a bunch of times, and get very different answers (from people I meet). We both know when we buy our first (or first couple) properties, they will have to be in our names. My question is, h...
Chris Bingham
Two approaches to increasing the rent
I often give new tenants the option of month to month, 6 month, or 12 month leases. Many people have suggested providing a letter with multiple options when renewing a lease (which I have done a few times) with differ...
Seth Levey
Different rents on sides of duplex?
I have a duplex with identical 4/2 units. One side is renewing this summer and I've told the tenants their rent will be $2100 per month for next year. The other side lease ends a few months later and the current tenan...
Account Closed
Can I add my name to my father's home loan?
I don't have the cash and my parent's have bad credit so the bank won't let them take out line of equity on their home.
My credit is 800+, would I be able to add my name to my father's policy and take out the home e...
Alex Guerrero
Getting a foreclosed home
Im moving to Austin and housing is so expensive I figured this would also cause some homes to foreclose as well, but i see things like pre-foreclosure, shefif, foreclosed. What do these terms mean and what should i lo...