Shaun R.
Problems with tenants dog and neighbors
21 September 2018 | 12 replies
How much insurance coverage do you have and does your policy even cover a dog large enough to jump a six foot fence?
Jenny Gremillion
Tax Strategy question regarding Vacation rental
22 September 2018 | 8 replies
They're subject to special treatment under Sec 280A.
Account Closed
Does Insulation Add Equity?
2 October 2018 | 11 replies
I do not know if it will add value, it may if it is uncommon for houses in the area to be insulated. and for $250, well worth doing, it may even help prevent any pipes from freezing in the future. as far as the electric, i do not find that price too bad, the basement will be easy for them to take care of, the 1st floor, they will have to open up the switch and outlets, tie the new wire to the knob and tube and pull the new wire up using that knob and tube wire and re install the switches and outlets, there is some labor involved and is easier with 2 workers. the lights are going to be the hardest for them to do and they may have to open some walls, i would check with the electrician on that and see if you are going to have the added cost of repair and re painting. a lot of times insurance companies will not cover you if there is knob and tube in the house and it was never disclosed to them, so it would be worth it to you for the insurance protection to have it done. over all though, it seems like a good price.
Account Closed
54 showings, no offers...
16 October 2018 | 95 replies
Zillow says your overpriced still ( which I know is subjective) also It could be people can plainly see it was bought for only 122k so they don’t feel they are getting a good deal paying over 200k less than a year later
Hank Hebel
Inherited IRA Rollover Question
21 September 2018 | 11 replies
I know that any distributions from my IRA is a taxable event subject to income taxation, but I just want to make sure that transferring from an inherited IRA to a self-directed IRA does not generate unexpected tax implications (because I'm simply transferring between slightly different IRA accounts and custodians and not taking any distributions).
Allison Patterson
Rental Properties via AirBnb
24 September 2018 | 7 replies
On the one hand, at $325/night, you only need 8-9 nights per month to cover your mortgage, utilities, and cleaning.
Kendrick Victoria
Paying debt off vs buying more property
20 October 2018 | 2 replies
I purchased a two family house in NY almost two years ago, but to purchase that home I took a pension loans and a personal loans to cover some of the closing cost ( 70k).
Annie Dickerson
What to do about evictions while a property is under contract
22 September 2018 | 6 replies
We were just notified that two tenants are subject to eviction, and one other tenant has given notice that they're vacating before we close on the property.This means that we could potentially be looking at a total of 4 vacancies, as opposed to the 1 vacancy we thought we'd have upon closing.
Darren Nardo
DoHardMoney.com / other hard money lenders.
27 September 2018 | 30 replies
Meaning if you could get a deal under that it is covered . problem is most dnt know how to get low enough.
Charles D Southwick
Poor Dad becoming Rich Dad
24 September 2018 | 1 reply
Thanks to BP I have already setup to meet with a local REI headed by a fellow Alaskan (i live in Idaho now) and I have 3 buyers that have already put in a wish list ;-) Any help would be greatI am currently looking into using the Wholsale and Subject 2 exit strategies but, the subject 2 is still something I am learning.