Seems strange to buy something with zero repairs and instant equity of 52k especially in our hot market.

High five to Jered Sturm and Steve O'Brien for a great event.As followup, I would appreciate contacts for great property managers and home inspectors in Marietta.Background to my situation: I started Air BnBing my home mid-January since I travel a lot for work.  

I think I joined a few years ago and was one of those that didn't take 'action' and boy...am I kicking myself now - the market is hot around my town (and around most towns), I am a case of the woulda coulda shoulda..but didn't. 

Take a look at this link. http://www.homedepot.com/p/DRIcore-7-8-in-x-2-ft-x...You can also install a vapor barrier to prevent cold air, moisture, etc from coming up through.

We are busy and have been for years thanks to word of mouth and repeat business but I have to say the calls are coming in hot and heavy with poor work.

I was wondering what the Bigger Pockets peeps out there think about selling in a hot market and taking the equity on a rental property that is cash flowing positive $700 a month with a current mortgage of $110,000 ($850 month pymt) and would probably net $200k if I sold.

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

I'm sure the snarks on here will say the best tenant proofing is good screening before you rent  :) I personally like tile floors...I have given up on wood...laminate and carpet...provide extra air filters for the AC unit (unless you use replacing them as a reason to go by and check out the place every few months) fire extinguisher in the kitchen...make sure smoke detectors are installed and working properly ...if it is a single family be sure the tenants know where and how to shut the water off ...

I have a contract on a house in Brookhaven to flip to a developer for tear-down and rebuild, which is happening all over Brookhaven. I did all the good marketing, called my decent list of buyers to see if they know an...

As far as the water goes, low flow shower head and air faucet aerators, save about 15% in consumption.