![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2723939/small_1699417109-avatar-carlosq21.jpg?twic=v1/output=image&v=2)
29 May 2024 | 12 replies
I'd always recommend flying out to where you plan to invest to get a feel for the market and to meet your team in person.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/237561/small_1621435353-avatar-naturegal.jpg?twic=v1/output=image&v=2)
29 May 2024 | 64 replies
Keep your personal safety and that of your tenants and neighbors in mind.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2858054/small_1697495663-avatar-deem71.jpg?twic=v1/output=image&v=2)
30 May 2024 | 25 replies
Never had to do this ever before There are two ways to do this, google and find a template online or get a realtor that can use some promulgated documents by TR.Per law, no-one can write you a legal document except for an attorney or the person providing the document will be infringing the law.In terms of the tenant leaving there is no point to pursue any legal way and for you to get possession, you create a termination notice and then in 30 days you can take possession.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2976395/small_1710815827-avatar-usmank20.jpg?twic=v1/output=image&v=2)
29 May 2024 | 2 replies
The mortgage is likely also personally guaranteed by current owners.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1760796/small_1739060846-avatar-zacha60.jpg?twic=v1/output=image&v=2)
29 May 2024 | 1 reply
Some takeaways from him:Treasury Regulations section 1.280A-2(i)(3) gives a couple of ways you can proportion the rental portion of a property--my accountant used square footage.Under section 280A of the tax code, common areas that you also use are considered part of your personal space and unfortunately aren’t counted as part of the rental space in the proportion calculation.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2051256/small_1716601305-avatar-lizl49.jpg?twic=v1/output=image&v=2)
29 May 2024 | 9 replies
If the land is separate from the mobile homes, you may be able to see what the county assesses the homes if personal property.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3029767/small_1716393074-avatar-juniorm25.jpg?twic=v1/output=image&v=2)
29 May 2024 | 3 replies
That said it has become an issue in the recent purchase of my personal home.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2907758/small_1708271818-avatar-shaydonc.jpg?twic=v1/output=image&v=2)
29 May 2024 | 12 replies
If you can refinance and just pay off debts you can take out a personal loan after the refinance up to $50K.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2274135/small_1695010111-avatar-elvinw6.jpg?twic=v1/output=image&v=2)
30 May 2024 | 43 replies
We kick that person out and got a bill for $30,000.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1720167/small_1694958620-avatar-claudef7.jpg?twic=v1/output=image&v=2)
29 May 2024 | 4 replies
I personally have used a heloc to purchase and renovate an investment property, like you mentioned I cashed out at the end and paid back the heloc.