Hi All! Need some guidance here as I am getting a little out of state first time anxiety buying fears. During covid, I have been doing research, interviewing property mgmt companies, talking to banks, and doing visi...
I recently inherited a MHC from a passing family member. It sits on 60 acres of land with 48 pads approved for the MHC. 17 of the pads have Private water, electric, and septic. The remaining 31 pads just have water an...
So I sold a house for $250k and my tax guys says I will owe $20k in taxes. I am trying to do a 1031 exchange but would you buy a property that's not really a good deal to avoid the taxes. I have 2 duplexes lined up th...
I just got finished reading Thomas J Lucier's Pre-Foreclosure Investors Kit. Any of you who are just getting into or plan on getting into the pre-foreclosure investing business should seriously consider reading this b...
I got a tenant application today where the girl came to see the property and is interested to rent it. Her fiancé is right now out of town and could be back after about 20 days she said. She is supposed to be student....
Our tenants signed an 18 month lease. One year into that lease (12/11/15) they gave 30 day notice that they would be breaking their lease in order to buy a home. They acknowledged the lease buyout fee of 1 1/2 monthly...
My Section 8 tenant's daily water usage ranges from 50 - 600 gallons per day. It is a family of 3 adults and 2 children. 1 full bath and 1 half bath. Is this normal?
Hi everyone!I've outgrown my current systems and looking to streamline processes, I need some advice from those who are more experienced.I'm currently using Insightly as a CRM for managing new potential deals that I h...
I have a SFR being managed by a property manager. It is currently rented out. I have about $5,000 in the property management account for "cash reserves". Six months PITI (principal, interest, taxes, and insurance) is ...
My wife and I just closed on our first home, which is a duplex in the San Antonio area. We'll be househacking and renting out the other side for about a year to satisfy the terms of our mortgage. In about one year, we...