Here are the key points:- First-time homebuyer: You qualify if you (and your spouse, if applicable) haven’t owned a home in the past two years.- Lifetime limit: The $10,000 is a lifetime limit, meaning you can only use it once for this purpose.- Taxes: While the 10% penalty is waived, the withdrawn amount will still be subject to regular income taxes.This can be a useful way to access funds for a home purchase, but keep in mind the tax implications and the potential impact on your retirement savings.

Plus she violated the lease agreement by rekeying without written permission from owner and refusing to give the new key to property manager and myself.

Here’s a breakdown of the key elements you should include in your subcontractor agreement:Subcontractor’s Information:Full legal name of the subcontractor or company.Contact details (address, phone, email, etc.).Project Information:Internal Project ID or Purchase Order Number (if applicable).Project address.Clear identification of the specific scope they’re responsible for (e.g., electrical, plumbing).Project Timeline:Start Date: For the portion of work they are completing.Completion Date: Set realistic deadlines for their tasks, adjusted to your overall project schedule.Liquidated Damages:Specify a daily amount to be deducted from their final payment if they fail to meet deadlines (with exceptions for factors beyond their control, like severe weather).

One thing my property management company does, is that we give the tenant a move-in checklist before we give them the keys.

This successful deal highlighted our ability to act quickly and capitalize on market-ready opportunities, delivering impressive results with speed and efficiency.

can uncover key details.Leverage Creative FinancingWhen price is a sticking point, structuring the deal creatively can make it a win-win.

You'll get much more "bang for your buck," lower cost per key, and lower maintenance costs per unit.

The key is to ensure the HELOC doesn’t turn into a long-term financial burden if the partnership doesn’t pan out.

Because as we know not every property will be turn key. 

It used to be my job to protect our celebrity clients from so called investment specialists who promised more than the investment was worth and delivered less or nothing at all.