I keep hearing that net worth is very important. My particular strategy is to acquire buy and hold cash-flowing properties with at least some appreciation potential. As such, I'm not clear why the specific number of m...
How can I calculate exactly what I should purchase a piece of land for?
I'm wondering how to go about structuring a partnership. I don't need a partner to invest, but I have someone who would like to invest with me and he can do a lot of the small rehab things himself. I am more the fina...
I am in the process of renting out a unit and will allow pets. I have been back and forth about how much of a non-refundable pet fee to charge. I have also been trying to decide whether and how much to charge for pe...
Hi,
Not sure where I should post this question. I have a property in La Marque, TX that I purchased for $65K with a $55K rehab draw. I met a general contractor working on a home close to my house. I asked him to chec...
Hello Everyone! My first tenant has her first full month starting in February, she has let me know that she won't pay until the 2nd, the lease has it is due the 1st with a grace period until the 5th. I said that that...
I live in a beautiful home close to a community college and the downtown area (shops, bars, parks etc)that has roughly 1,000 sq ft partially finished basement. I am wondering if anyone has started their real estate bu...
Good morning. Has anyone purchased a property using a homepath mortgage? I know the basics & have scrolled through their website. Can you put as low as 5% down if your not planning on occupying? If any members hav...
Hello all, looking for some guidance. My wife and I are moving to Dallas from Seattle... she really does not care for suburbs where all the houses look the same. Her favorite area in Dallas is Lower Greenville but mos...
I will be taking ownership of my 4-unit property on July 17th (This Monday) and would like to send the tenants a letter stating that I am the new owner, where to send rent and such things like that. All the tenants ar...