: Experts at sourcing viable properties to market for sale. 

I'd also suggest that the remaining tenant pay only their rent for one month and that you use the security deposit from the other tenant to cover that missed rent.

we have to have pre sales my bank will only give me a certain amount of spec loans but unlimited amount of pre sales. its the only way to keep velocity when you have a larger project like us ( 90 homes) We have been blessed no questions about it.. we made some critical decisions when we started that now look like genius moves :)

I unfortunately basically had to switch to desktop to use the software. 4) Tenants have to pay a $1 transfer fee to pay through RentRedi.

I would highly encourage paying a GC to walk deals out the gate, have them give a scope of work so you can see what items costs.

I dont currently have any projects going in CA at the moment but I have been looking for a Summer cabin up by Truckee and I suspect insurance will be an issue although I will pay cash but I will still want some coverage.

BUT I have also heard that it could trigger a due on sales clause, bringing the note fully due at any moment.

Well that is when the lower tenant feels like paying her 20% portion of the rent of $240 per month lol!

This defers capital gains and depreciation recapture taxes on the sale of your fourplex.After converting it into your primary residence, you may qualify for the primary residence capital gains exclusion ($250K single/$500K married), but only for appreciation after the conversion; gains from the rental period remain taxable.

There are people on here (BP) that say "you don't need to pay for education".Well, not only are they wrong!