I have been incredibly interested in buying a seller financed property, mostly now looking at the interest rates.Im also incredibly worried, as this is my first time not doing an FHA loan. What is the worst that could...
Do you have to report all maintenance expenses on a duplex or apartment building on your tax return? I understand I would pay more taxes if I did not report all the expenses. However, my DTI looks better for qualify...
Is this typical for a 6 unit condo building?
I've got a top floor condo unit and currently the unit below me is having problems with their ceiling having leaking. The local maintainance man cut a hole in the floor belows drywall and said that they can see ther...
Hi BP community. I just picked up a property at last month's Harris County tax auction (zip code 77007 of Houston, TX). The property has two humble SFH's on it, both tenant occupied. I've met with the tenants and it a...
Short details of the story. We had an employee, he recently quit the family business without a two weeks notice. He just didn't show up. One of the perks was allowing him to stay in our rental for $950 per month. His ...
Just want to share the importance of having a cash cushion for taxes, insurance, vacancy and repair expenses and improvements. Even an extreme DIYer that takes care of 90+% of all their own maintenance and repair iss...
I'm newer to landlording and I'm curious on when/how/why there is a correction or drop of rental prices. We are in a sweet time I feel since it seems as if rental prices will only go up from here, for numerous reason...
I'm buying a duplex in my town. At inspection, the tenants in one unit didn't know who we were or what was going on. They figured that they'd be evicted when the property sold. We close in a month. I'd like both tenan...
Hi all, I am looking at a duplex with motivated sellers going through a divorce. Here are the facts (from the husband, I don't know where the wife is):The house is paid off but there's a $20k lien for work done on th...