Amit Kayastha
Question for Indiana and Florida Rental property investment
I am planning to become first time investor with rental property. I am looking for something in Indianapolis or Florida. I have 2 questions:- In Indiana there are some areas like Marian-cold spring, southside, eastsid...
Larry Alexander
ETF over Mutual Funds - Seriously?
Before I test the waters with my 30K, I want to be sure I drop it in the right bucket. I was all hot to invest in mutual funds after listening to Dave Ramsey's podcast on YouTube. Today I read a long dissertation on h...
Jacqueline Mann
I want to see the bank's appraisal and write them a buyer letter
I'd like to make an offer on an REO. It will be a major rehab. Comps are $175K. I estimate repairs at $42000. My formulas tell me to offer $79000-82000. The bank is asking $125K. I'm concerned that the bank will not ...
Jordan Falls
Knox, IN Investments
Hello all,This is a question pertaining to investing in Northwest Indiana (NWI). I was just inquiring as to whether anyone has any investment properties in Starke County, Indiana; specifically Knox, IN. I know there ...
Matt I.
Managing Debt & Reserves
To maintain a credit card balance and build cash reserves, or keep my $ cash low while aggressively paying down debt?My goal for this year is to save $$ and build a healthy cash reserve. For years I've been in the hab...
Julio Gonzalez
Energy Savings Credit for Your Property!
The 45L tax credit is an energy efficiency tax credit available to owners, builders and developers of apartment buildings, townhouses, condominiums and single family homes. The units must be more energy efficient than...
Kevin Aumack
New investor with questions regarding renting out a SFH
Hello Everybody,This is my first post here. I am interested in getting started with renting out quadruplexes or larger rental properties. However, my father recently passed away and I inherited his single family home....
Maria Taylor
Operating Agreement necessary?
Hello BP! My husband and I are filing for our llc in a few days and the cost of doing an operating agreement is another $200. We are on a tight budget already and I don't know if this is necessary. To my understanding...
Stephanie Brown
Lead-Based Paint Questions
Hello All!My partner and I are targeting older fixers in our town and wanted some more info on those with lead-based paint experience. Is it hard to solve, expensive or both? Was it used in interiors and/or exterior...
Ray Harrell
Evict tenant with no real cause
I have a family of 8 living in my upper unit. She is on a program where the city only pays quarterly, and the tenant is only responsible for less than $300 per month. The tenant pays mostly on time. However, her six c...