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Results (10,000+)
Corbin Lane Looking for advice - Unemployed and planning my 2nd purchase
29 October 2020 | 13 replies
Wow these are all excellent replies, I'm so grateful for your help.The common thread has been that I need to get a job, and I could not agree more.It is extremely frustrating to not be bringing in income.Tech can be a difficult industry due to the turnover both of jobs and skill sets.I have been using this time to update my skills by working on several new code projects, as I always do when I have a break.Another good and recurring point was my low cash reserves.It definitely has me feeling nervous.Maybe I could cash out some equity as a last resort, hopefully it will not come to that.The main reason my reserves are so low (aside from the layoff) is that I had to extend myself in order to get the home ready for rental.I did a lot of upgrades in a short time and then moved out of state, which was also somewhat costly.All in all I have few regrets given the way the timing of everything worked out.
Brenda Yogyog Looking for advise on rental properties in Sacramento
1 November 2020 | 13 replies
Our contract was extended until Nov.13th awaiting some requirements from the seller.
Nathan Cornett Five year balloon loan
29 October 2020 | 3 replies
@Nathan Cornett as long as the note is current most banks are willing to extend the loan at the market rate. 
Kim Hud New Investor| 1st time Investor | Eviction during COVID
31 October 2020 | 18 replies
A couple of lawyers that have spoken at recent real-estate investor meetings in my area (Kansas City) have said that they expect this ban to be extended into the first months of 2021 as well. 
Mason Kimball Online Banks that Offer Escrow Accounts?
28 October 2020 | 1 reply
Even with that, I am not sure if you did separate 1 year leases versus extending the original if that would apply.
Kim Hud Extended Stays | Long Term Vacation Rentals Does it Work?
31 October 2020 | 17 replies
What is your experience with extended stays on AirBnB, VRBO, etc?
Jean Castillo Bank won't allow purchase under newly created LLC
28 October 2020 | 1 reply
While this simplistic example could have been handled within your own LLC, you can see if you had more complexities it would be a much cleaner Operating Agreement.This extends if other people get involved. 
Frank Lo Buying Primary Residence
31 October 2020 | 12 replies
This property will be my primary residence, but I do not plan to stay in this property for the duration of the mortgage term.3.
Porf Fenton Switching from one single-family rental into several STRs
21 June 2021 | 15 replies
Many people are renting there for extended periods of time to ride the lockdown.Best,-pf-
Joe Montgomery 1031 Exchange - Time Limit
5 November 2020 | 8 replies
If the bonus depreciation rules are extended then you will have the option to repeat this exercise down the road rather than do a 1031 exchange.