
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.

1 November 2020 | 13 replies
Our contract was extended until Nov.13th awaiting some requirements from the seller.

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.

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.

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.

31 October 2020 | 17 replies
What is your experience with extended stays on AirBnB, VRBO, etc?

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.

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.

21 June 2021 | 15 replies
Many people are renting there for extended periods of time to ride the lockdown.Best,-pf-

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.