Derek Howe
Sell duplex to pay off primary???
Hello!I've been reading "The changing world order" by Ray Dalio, and listening to some podcasts related to the subject of the declining US empire, and I'll admit it has me wondering if everything we hold true about lo...
Michael Turner
STR Material participation requirements for married filling jointly
New to the forums, and I haven't been able to find the answer to this question yet (I apologize if its been answered already). My wife and I own a STR property via an LLC in which we are the sole owners. The LLC is in...
Jasmine Claye
Using Business Credit to Finance Properties?
How easy or hard is it to set up an entity/business and obtain business credit? Specifically being able to use one's business credit to finance properties to be used as a primary residence or an investment property? W...
Tony S.
Fire at an 18-unit complex I'm set to purchase in 3 weeks, help!
There was a fire yesterday evening in one unit with injuries at an 18-unit property I’m under contract to purchase 3 weeks from now. How should I proceed?
My diligence period ends this Saturday, though Seller has al...
Josiah Halverson
How much can I expect to pay for general contractors?
How much can I expect to pay for general contractors?
Let's say that prior to making an offer to buy a rehab, I hire contractor A to do an initial walk-through with me and come up with a detailed improvement ...
Mark S.
CARES Act: Property Owners & Paycheck Protection Program
My question is regarding the Paycheck Protection Program and how this relates, if it does, to property owners/landlords under the CARES Act that was signed into law on 3/27/2020.
I understand that the overall purpo...
Willie Mandrell
Hire a property management company or hire an FTE?
I currently have 25 rental properties (spread among mostly 3-family properties in the greater Boston area). Over the next year I want to double that portfolio. Before I do that though, I want to ensure that I have ...
James Wierzba
How to share ownership of a rental property?
TL;DR -- how transfer 50% ownership of my rental properties to my brother? The properties are financed by me and are Fannie May loans.
I'm trying to figure out how I can have me and my brother on the title as 50% own...
Michael Plaks
No, it is NOT too late to establish and fund your 2020 401(k)
I had three clients by now who were told by three different IRA/401k custodians that it's too late to set up a 401(k) for 2020. They were WRONG! You still have time, most likely.
Yes, it had been a well-known rule th...
Wesley Deason
Finding an investor
I've been making a small list of homes while out driving around for my job. I've done this with the sole purpose of just finding a good deal for me. I'm still not sure if I would purchase it and may be open to handing...