Michael Klinger
Changing gears from a flip to a house to live in?
30 May 2020 | 4 replies
I am not worried about maintaining the payment indefinitely, but it is an expense that is burning resources as every month goes by.
Mark Grozen-Smith
Short Term Rental Expense Ratio
20 May 2022 | 15 replies
Got it all up and running and we have reservations coming in. Definitely
Ryan Copeland
Avoiding Capital Gains through Cash Out Refi?
8 April 2021 | 9 replies
So actually it is possible to walk away from a sale with a huge taxable gain and no cash from the sale to pay it.the way to avoid tax and access your equity is to sell and do a 1031 exchange so the tax is indefinitely deferred while you add properties to your portfolio.
Drew Harris
1st House Hack Renting Rooms
21 January 2022 | 6 replies
Some things you can do is charge a flat rate and cover the difference or call the utility company and get a 12 month average and make that a part of the rents.3: Personally I don't believe in furnishing or supplying anything for my rentals because my market simply doesn't call for it.4: Depending on your area and what the replacement cost for that building is, inflation can effect your policy differently, for this one I would call your provider and ask.5: Common areas much like an HOA would charge, put a common element/area clause in the lease stating the tenant is responsible for a percentage of costs for upkeep of common areas.6: This may depend on state laws, but I would look into if your area requires ADA compliant signage but if you wanted to put a no smoking sign so long as it's stipulated in the lease then it's your call.7: You can't always do much about guests so long as they don't stay indefinitely or cause a danger to other tenants.
Hernando Quintero
Can one use a HELOC for downpayment on FHA loan?
13 February 2021 | 8 replies
They might ask you to get a written letter from your employer stating that you are allowed to work remotely indefinitely.
S. David Vaillancourt
What is best way to get fast Private Money loan when lender bails
4 December 2016 | 3 replies
This has created quite a difficult situation for me with a note due on December 15th.(2) This loan (I’m calling it a bridge loan) is required to retire a 6-month hard money loan and allow me to season the property for a full year…at which time I will acquire institutional lending to hold indefinitely.
Eric Andrews
Hot Water Heater- Replace or Repair?
13 March 2017 | 31 replies
It's good indefinitely.
Account Closed
Why do renters rent
8 January 2017 | 9 replies
Before discovering financial independence (FIRE) and REI, we planned on renting indefinitely.
RZ Holli
How do you have multiple mortgages without over leveraging?
24 January 2017 | 11 replies
If the answer is indefinitely you are probably in a strong position.
Joseph Brown
Need help
17 June 2016 | 4 replies
Currently purchasing a multi-family dwelling that we intend to rent indefinitely After weighing the LLC vs Personal Umbrella Policy debate I was leaning towards the umbrella for this first unit.