I purchased my house utilizing an FHA loan, making a down payment of 3.5% and covering closing costs. I am approaching the one-year mark with my mortgage and have undertaken substantial renovations on the second-floor...
What are the pros and cons for investing in Fort Wayne vs. Indy? Personal observations?
Asking for both SFR flips and SFR rentals.
Thanks!
A few months ago I dealt with an irate tenant. He was upset when I informed him of a $50 increase when his mom stayed longer than our agreed time-frame. His mother was suppose to stay for a month while looking for ano...
Tenants were all college students with co-signers from out of State. They were OK tenants during the course, some hiccups and OBVIOUS smoking marijuana in the house with a VERY clear no smoking policy. Tenants set the...
HelloCan anyone enlighten me to how receiverships work? After a receiver has completed the work on a property and fixed all the sanitary code violations, do they get title to it? Or do they have get the ability to for...
Any note investors notice lately the prices to purchase 1st lien distressed loans have been increasing? The days of picking up a note for 30 cents to the dollar but 60% for non performing is getting a little out of ha...
HelloI'm considering a possible JV with two other investors and want to find out what the best practice or option is for protection. The objective of the partnership would be to flip and sell in the short term and pot...
I have witnessed countless individuals fall victim to the pitfalls of mental accounting when it comes to their property investments. I know wholesalers that have booked a vacation expecting an assignment fee only to b...
Bigger Pocket Community,
I need advice from rent-by-the-room owners and Texas lawyers.
Quick introduction. I own a property in Austin (3 Bed 2 Bath). I was doing LTR but decided to renovate to do STR. To pay for the...
Getting ready to rent my first property!
I've been reading up on the process to go from advertisement to signed lease. I feel I have a good handle on the basic best practices and will be listing the property on Zillo...