Joseph Brooks
Destruction of Wealth?
People are saying that declining home, stock, 401(k), etc values is a destruction of wealth. But I don't believe it and have been arguing that wealth is not destroyed until there is material destruction (i.e. a house ...
Sam Abe
Mold caused by tenants
We have squatters in our house. They are reporting mold issues after squatting the house due to covid for over a year. For the past year they lived they never reported anything to the extent that due to fear of evicti...
You get a call one day from the fire department, telling you, “You’ve had a house fire that’s destroyed your rental property.” What do you do first? Check on the tenants, call the insurance company, or start thinking ...
Brian Bradley
Estate Planning for Asset Protection
Do you have your estate plan / trust in place? If not, then you are not protected from wealth destruction and the Big 4. Asset Protection is not just about preventing liabilities A true asset protection plan involves ...
Matthew Sharpe
Investing in Single-Family with Tenants in Place
Hey everyone,How has your experience been buying single-family property with tenants already in place? How does the inspections and appraisals work if people are living there? And in regards to rent, is it safe to bel...
Chris Mason
Hurricane Chasing in the Carolinas
This is mostly directed at Realtors, but anyone impacted by the disaster in North and South Carolina might find it useful too.https://www.hud.gov/program_offices/housing/sfh/in... Everyone knows about FHA 203(b) becau...
Justin Wood
Tenants destroyed my place. I kept deposit but what else can I do
I have a couple tenants that have destroyed my units. Obviously, I need to vet them better but as of now what are my options? I have photos showing ton of trash left behind, appliances ruined totaling about $10,000 in...
Account Closed
In CA if I owner carry, what happens if the house is destroyed?
This is in California. I expect to come into some inheritance money in the next couple of years (it's in probate hell right now - if you want to get revenge on your relatives, leave a bunch of money and no will, and ...
Shaimon Luke
PDX Metro should I get earthquake insurance coverage?
I think the answer is a resounding 'yes' but wanted to get your opinion. I have a couple of investment properties in Portland OR metro area. As the region is bracing for a big one, should I be getting earthquake cover...