John Woodhouse
Proper way to send notice to pay or quit
HelloI’m curious about what’s the proper verbiage to use in a notice to pay or quit. I assume it would go something like this:As of the writing of this letter, you are in default of your rent payment. You have three d...
John Stevenson
Proper way to pay renter that does some work?
If a renter does some repairs or maintenance for you, can you deduct it from their rent on the books? Is this okay to do? Or, do you have to make them pay full rent and then pay them and 1099 them (assuming it is over...
Matt F.
How much repair to to do yourself vs prop mgmt company
got word thru my mgmt company that 2 fairly minor efforts need fixed at my rental. (one board on deck is warped pretty bad and isn't sitting flush any more, i don't want someone to trip and two, drywall paper around ...
Hussein Al-asadi
How do investing/partnering work?
Let say i find a good flipper whom have a good record, and this flipper need money to flip houses. If i provide the money how does the deal work? Do we split 50/50?Can i get into these kind of deal from sweden or do i...
David Singyee
San Diego House Hack Devil's Advocate
Hello everyone,I am a newbie investor and haven't done purchased any properties yet, but am looking to do my first House hack in San Diego next summer. I'm looking for all the Devil's Advocates out there who can provi...
Steven Lewis
How to properly pay back a LOC for correct write-off
I was blessed to have money gifted to me from my parents from their LOC (line of credit). The LOC comes with a monthly payment which I am looking to pay so I get that tax benefit. I'm looking for advice on the best wa...
Dave Mills
Pay off Mortgage of my primary residence or buy investment proper
We turned our first home into investment property in 2016, and we are getting $1200 a month. The house is paid off, and its worth around $170K right now.We purchased our primary residence for $290K(Current value 340K)...
Steven Lewis
How to properly pay back a LOC for correct write-off
I was blessed to have money gifted to me from my parents from their LOC (line of credit). The LOC comes with a monthly payment which I am looking to pay so I get that tax benefit. I'm looking for advice on the best wa...
Kyle Spearin
Hidden Costs
What are some of the hidden costs associated with buying and flipping houses?
Jayden Hamilton
How do I keep track properly of when tenants don't pay rent
How do I properly keep track of when tenants don't pay rent, and if this was to happen, what would be the first step I would need to take? How do I make sure I get paid back what I'm owed... what can I do if they don'...