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I have been chatting with a fellow investor about the possibilities of doing joint venture buy and holds. He proposed the idea of using LOCs to fund buy and hold deals and rehabs. I think that it is great idea. You ha...
Hi, This is my first post. Been a passive member for a while. I have 7 units, 4 buildings in Milwaukee managed by a reputed Property Management company. These are some of the repairs charges they have charged me over...
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I've heard many times that people shouldn't appeal their property tax assessment because there is a chance that the value could go up instead of down. Has this actually happened to anyone? Or is this a rumour that t...
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I just received and "updated Property Management Agreement and was curious if these fees, etc. seem normal. I'm new to this as I currently only have one rental property. Thanks it advance.Manager agrees to maintain, ...
I own a rental property in Harrisburg, PA. I live an hour away. A month ago, there was a sewer backup in my basement. I called a local plumber and my bill came to $8,000. I asked for a detailed report of the work that...
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Hello, I'm not a huge forum person but I am having a difficult time finding the clear answers I am looking for. In October 2020 my husband & I purchased a mixed use property in NH in cash so we do not have a mortg...
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I have had three properties in three years have roots grow into the pipes. It backs up the water and just flooded the third property. Any ideas? Someone told me there's a liquid plumber type of product that disolve...
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I know that the IRS frowns on running flipping businesses out of your SDIRA. How is private lending viewed by the IRS? Is there a point to where you are considered a Lending business and become subject to UBIT?
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Hello all!
My name is Derek Kruse and I am from the Minneapolis-St. Paul/Western Wisconsin Area. At the end of this month I will be retiring from law enforcement after 9 years due to an injury in the line of duty. So...
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My brother just called me. He has moved to the Reno area to take his first position after earning his bachelors degree. He had temporary housing that just ran out. In a rush to find housing he went and signed a lease ...