On one of my rentals, previous tenant left balance on the water bill. Now that I have new tenant, the city said the bill would have to be in my name. Because of the balance the old tenant left, their policy would...
Hi All, I have a question for all the experienced landlords on the site. When replacing stove, refrigerator and things of that nature for your rental property do you try to save as much as possible or do you spend a ...
Hello peeps!I am new to RE investing and still in a learning curve, but I have this one thing that has been bothering me.As my wife and I are also looking to buy our first home, I've been looking at different mortgage...
Hey guys, just bought my first home in May of last year. Have got it rented out and living in it with positive cash flow. I'm looking to buy another house ASAP.
My question is how to minimize my taxable income this...
I have an interesting situation where i am considering proposing a lease option and would appreciate some feedback and hopefully point out any aspects of the situation I might not be considering.
I was approa...
I'm very close to starting my first deal. Purchasing a multi-family property in the $200-350k range. I've identified a >10 unit property that has moved to the top of my list. Positives: $18.5k a unit, at least 1...
Hi BP,Hope everyone is doing really well. I have an opportunity to buy an off market deal in Spring, right outside of Houston.I have a few rental properties in Houston and looking to grow the portfolio but don’t hav...
Hello Investors,I would appreciate some advice on my situation below. I would like to know if it makes financial sense to take my ex-tenants to court for late rent payments or just cut my losses and move on. Here is m...
Hi, I've been doing a lot of research in my Area, and the surrounding area, and I have spoken with 3 different landlords who have given me a similar answer to the question above:
Q: "How do you protect agains...
I'm a former "investor/flipper" from a market where REAL deals have dried up, and need to make a "LIVING".I know the difference between a tax lien and deed, and all the blah blah blah that the gurus will spend 3 hours...