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All Forum Posts by: Joseph Hammel

Joseph Hammel has started 45 posts and replied 279 times.

Post: 2018 Minnesota crp forms

Joseph HammelPosted
  • Rental Property Investor
  • Lake Hallie, WI
  • Posts 284
  • Votes 140

Two questions... Is it legal to just email crp forms in Minnesota?

Anyone have a good process for doing this? The dept of rev form cant be saved with changes. So one would have to print/ scan/ email. Is there a good online/ program anyone has used? I wish buildium had this feature. Maybe they do??

Post: Egress Window Install: Winter in Minnesota

Joseph HammelPosted
  • Rental Property Investor
  • Lake Hallie, WI
  • Posts 284
  • Votes 140

Im assuming this is in a basement?

Post: Connected Investors Exchange?

Joseph HammelPosted
  • Rental Property Investor
  • Lake Hallie, WI
  • Posts 284
  • Votes 140

Bonus. Sudden increase in spam calls!

Post: Connected Investors Exchange?

Joseph HammelPosted
  • Rental Property Investor
  • Lake Hallie, WI
  • Posts 284
  • Votes 140

Yea I had some boner call me later that day and I told him I do buy and hold and he said they don't do that. @Claton Morris ..

 This was something that was an ad from your video

 FYI

Post: The New 20% Pass-Through Deduction and You

Joseph HammelPosted
  • Rental Property Investor
  • Lake Hallie, WI
  • Posts 284
  • Votes 140

Tax time is coming. So should I be shopping for a tax pro to sell me on the 20% pass thru?

Post: Minnesota eviction question

Joseph HammelPosted
  • Rental Property Investor
  • Lake Hallie, WI
  • Posts 284
  • Votes 140

Update... His Dad bailed him out before the hearing. I talked to my lawyer before and he said the Judge In that county probably wont care about that much. For future ref I will add the address info to the lease. If someone really wants to find out where I live they can. Bring it! lol

Post: condensation on metal roof

Joseph HammelPosted
  • Rental Property Investor
  • Lake Hallie, WI
  • Posts 284
  • Votes 140

I wanted to update everyone on this. First. Yes I talked to the contractor. I don't put any blame on him. We have a good relationship and he has done several projects for me. This was a rather ambitious project and he did it for a very fair price. To cut costs I did 4 foot truss spacing and used purloins for the tin. (steel) If we would have sheathed it we might have a slow problem instead of a obvious one. It Is the lack of insulation under the old roof that is causing the problem. I wish the inspector or the multiple people I spoke with/ brainstormed with on this project would have warned me about this problem but no one did. @Tim Swieczek I get what your thinking. but there is no "attic" between the rubber and the ceiling. There may be some fiberglass in the ceiling joist and some foam under the rubber. Its a tapered rubber roof. To me with the new truss system and roof "capping" the old system now the rubber is effectively a high mill vapor barrier. there is also a regular pitched shingled roof that the new roof tied into. I believe there is a lot of heat loss coming through the holes they cut under the new roof to tie into the structure.  So the solution I selected. The cellulose.  I will update with results.     

Post: Connected Investors Exchange?

Joseph HammelPosted
  • Rental Property Investor
  • Lake Hallie, WI
  • Posts 284
  • Votes 140

Please elaborate..

Post: Connected Investors Exchange?

Joseph HammelPosted
  • Rental Property Investor
  • Lake Hallie, WI
  • Posts 284
  • Votes 140

I reached out to this company called Connected Investors Exchange. Or CIX. I was applying for a loan and when done they sent a link to apply to become a partner in finding deals. Does anyone have any experience with this company? 

Post: Bank Account for Security Deposits

Joseph HammelPosted
  • Rental Property Investor
  • Lake Hallie, WI
  • Posts 284
  • Votes 140

Not in MN. They can be comingled in operating income.  Just make sure you have it when you need it. Also your supposed to pay like 1% simple interest but most don't know or care.