Travis Smith
Building Permit Costs Accurate Reflection of Job Cost?
As part of its Open Data Portal, the City of Austin has made available a searchable database of building permits in the city. Does anyone know if the "Total Job Valuation" on the permit is an accurate gauge of job cos...
Colleen Carnahan
Upcoming sale/transfer of a property
Hello,My husband and I are looking into selling of our first rental property. We bought it in 2010 as a primary residence (so under our personal name), and later converted it to a rental (still under our personal name...
Nicolas Chambers
Renting to Tenants with no prior rental history
Curious as to what your policy is for renting to tenants with no prior rental history (3 years out of high school, they're not trying to hide anything). Background:Newly engaged One is an Electrical apprentice (1 year...
Tim L.
Question About Renting to a Relative
I'm considering purchasing a home for my mother to live in, since she is currently renting and unable to purchase a home for herself. I will charge her fair market rent, but I want to make sure that I am able to claim...
Aron Teran
First Deal - Analysis Please!
I'd love some feedback on my first potential deal....prepared to ratify the contract. Details:Duplex purchase price: $135,00025% Down Payment: $33,750Closing Costs: $4000 (projected)Combined monthly rent: $1350Annual ...
Merrick Loveland
What are your Favorite Real Estate Apps
Hey All, Just curious what apps you guys can't live without? For instance, when you are away from your computer and you get a hot lead that you need to research real quick. Or, any remodeling apps or CRM tools that ...
Ryan Kinsella
Legal Advice- Ever get sued months after a closing?
I just did. I closed on my primary residence in May and just got a letter stating that there is a leak in a shower and they are demanding $25k by the end of next week. Whats sad about this is I'm 99.9% sure that thi...
Jen Day
I bought a 4plex in LA & I get $1800/month cash flow!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,305,000
Cash invested: $326,000
I started looking for a multi-family property in February, 2021. After s...
Alyssa Magyar
is the income from my "house hack" not for profit income?
Looking for guidance for how to handle rental income on my tax return this year:
1. Rented a room in my town home to a friend from May 2021 to December 2021. I live there as well.2. Made around $3k in rental income (...
Eleazar Aragon
How do I find out if existing tenants are paying rent?
I'm look at a duplex that have two tenants. 1 is month to month, and the other has 6 months left on the lease. With the stop on evictions, is there a way to find out if the tenants stopped pay the sell the rent? the ...