Kevin Larson
Best way to fire a contractor?
To get to the point of my question, and not get too caught up in the details I wanted to get some advice on the best way to fire a contractor. The contractor I hired to rehab my out of state property is two months pa...
Marysue Connelly
looking for ideas on how to ensure pet waste is cleaned from yard
We have a tenant bringing in a pet and are charging a pet fee. We would like to include a clause in the addendum saying if the dog poo if not picked up from yard a service will be provided at the renters cost. How o...
Kristy F.
Tenant says we are affecting her mental health
Hi all, I'm back again with issues with the inherited tenants I had mentioned in my last thread. To summarize, I bought a property with inherited tenants and the third floor tenants are problematic. They email me ever...
Jason Bruning
15 vs 30 year loans
Hey BP Family,
I am contemplating a 15 vs 30 year mortgage on my first investment property. The difference in the mortgage payment is a few hundred dollars but saves me a lot of money in interest over the additional ...
Tom Doherty
Anyone ever purchase from Auction.com ??
BP,
Anyone familiar with auction.com? Have you bought from the site? I assume it is similar to a sheriff sale but just online. Any success? What is the process?The reason I ask is there was a proeprty (REO) on the ML...
Daniel Dietz
How to 'Distribute an Asset' out of a SDIRA after age 59.5?
Hello all,We have bought several properties in our SDIRA and SOLO401K accounts both with cash and using leverage. So good so far. A 6 unit that we are looking at right now is owned by an investor that might be willing...
Michael Hajduk
121 Capital Gains Exclusion
Hi, I was wondering if anyone out there has experienced this scenario before. I physically resided in my primary residence for 22 months, then was sent out of state for a year-long training course. I fully expected to...
Brett Shoemaker
Financing Options on VRs? Hard Requirement on Investment Loan?
Hi All, Currently pursuing the VR market and I've been researching best options for financing a VR property and need some clarification. To point out, this will be our 1st VR. As I understand it there are 3 main opt...
Thomas Williamson
Has anyone used this strategy before?
Do you get taxed on the money you get from a cash out refi?I think I know the answer to this, which is no you don't get taxed on the money you get after conducting a cash out refi. But I would like to make sure.The r...
Jon Russo
How should I deal with a Tough Tenants?
What is the best way to handle a tenant that has constant complaints with a new problem every other week?