Curtis Woods
Should I use my 401k to purchase my 1st rental property?
I currently have a stale 401k with my last company which I'm no longer contributing too and it's been sitting there for over an year. I have a new job and currently contributing to my new companies 401k plan. Would it...
Elizabeth Atkinson
Do l have to establish a corporate identity, get an LLC before I even do my first project?
Before I found this site I went to one of those 3 day workshops run by an investing guru. I was told by a so called mentor that I shouldn't even start doing deals at all until I got an LLC setup. Of course he would he...
Kevin Donovan
Tenant filing insurance claim for accident which didn't happen
I have a tenant who rents a Single home and refused to heat the home during the winter. He would use heat in only the bedrooms. Pipes froze and burst in kitchen, Plumber repaired the problem. i told tenant he woul...
James Lee
Texas houses and mineral rights
Hello BP! Long time lurker first time poster, I love you all for all the things I've learned from this community over these months, but now I need your help. We are buying a first home near the Austin area of Texas, f...
Terri Pour-Rastegar
Daycare Center: How do I market it, price it, lease it, etc?
Hello there. So it looks like I just bought a daycare center in Charlotte NC. Being strictly a residential investor, this foray into the commercial side of things is a little scary to me. I could use any help I can...
Chris Hughes
How to tell tenant they are losing deposit...
Hey all! Been a while since I posted on here but I did have a quick question...My tenant has neglected some routine maintenance on the home I rent to them (has not been changing the A/C filter) and this has directly ...
Steven Chen
I am a tenant & the lease is super onesided. Is this enforceable in Las vegas court?
Keep in mind this is a 50-floor high rise by the Vegas strip. There is no way for me to check or guarantee some of these items. Renter's insurance won't cover me for pipes and fixtures for example:
"The tenant agre...
Matthew Aubert
Jumbo Loan or Conventional??
I'm wanting to purchase a duplex and a single-family home simultaneously. Can I use a conventional loan or will I be required to obtain a jumbo loan? I read jumbo loans are not easy to get. I understand selling one of...
Jay Wright
Section 8 and Housing Authority???'s
If anyone has a section 8 or housing authority question I'd be glad to answer. I'm sure we all have had some type of experience good or bad with this program. Hopefully we can help some of our fellow BP's on here.
Nick Gagel
Allowing tenants to cut grass and weed eat
Anyone with experience regarding allowing tenants to cut the grass, weed eat, etc? I am searching for proper documentation or lease verbiage that legally omits me from any injuries during landscaping, as well as any o...