JR Woolf
Buying a home from a smoker/cat owner
28 November 2020 | 5 replies
Cost: around $6,000.00 in a small midwest town using minimum wage labor.
Michael Loza
Anyone used 401k to purchase first property ?
6 February 2021 | 77 replies
@Joe Spinelli nice that sounds like a great strategy, i will see if i can go that route
Matthew McNeil
Lender REFUSES mortgage payments from LLC business account
23 June 2021 | 30 replies
@Joe Splitrock most lenders wont let you close a loan in an LLC @ first so there is no option left but to close the loan in your personal name and then quitclaim the ppty to an llc.I was scrambling a yr before with this issue went to 8 lenders no one will close the loan in an LLC name.How can it be be justified @ this point that corporate veil is piereced.Then that means there is no way asset protection and bankers are purposefully pushing you to do it.I am not a lawyer ,this is not a legall advice but just sharing my thoughts.
Brendan Conners
Investing Around Vancouver, BC. Looking to Make Connections.
5 October 2022 | 45 replies
Considering these are massive investments that have significant importance to me, I enjoy the time I spend managing the fruits of my labor and ensuring my growth.
Nathan Gesner
How do you deal with a mentally ill, problematic Tenant?
12 August 2021 | 43 replies
Hire a day-laborer for once a week to take before and after pictures, mow, scoop the poop and clean up trash which includes personal items left in common area (make sure he removes the post it notes which are trash).Only Address specific realistic complaints when they are made in accordance with the terms of the lease or local laws (others don't count) and ignore the noise.
Ben Cohen
Should I Convert House Hack to Airbnb?
8 December 2021 | 10 replies
A mid-range Jacuzzi is half of that $20K budget, but doesn't include any patio concrete/stones, plumbing, electric, tiki hut lumber, and LABOR.
Chad Bartlett
Can we raise rent in a newly acquired home with a M2M lease?
27 January 2022 | 9 replies
Hi Chad,Will the unit and the overall curb appeal draw market rent payers, or is it discounted due to some reason.If you raise and they decline, they will move out, and you will have to pay to "Turn the Unit" and cover the mortgage while it's empty.How long are comparable/competitors units setting unrented for.How much will the turn cost.How much will it cost to make the unit from it's present state to a state that will attract market rent in the time comparables attract it.Will you be the labor 100%, because in some areas people say this type of labor is back scheduled, meaning turn delays.
Mike Lauenstein
Property Development in Arvada Colorado
8 February 2022 | 2 replies
The recent and ongoing price increases and labor shortages are causing many developers to re-examine their projects.
Kiersten Vogt
Property Management Company Startup
20 March 2019 | 9 replies
(days of physical labor, trash removal, etc) I’m in the beginning stages but I’ll be following this post.