Adam Francis
Using Primary Home Equity
I own my home outright and was considering using the equity in my home to invest in my first property. Good idea? It seems like that’s what most investors do with their properties but assumed there were some cons when...
Donna Hutchinson
Determining Income qualifications with Section 8
How do you determine income qualifications for Section 8 tenants? Is it different from tenants who aren't on Section 8? Does 3x rent still qualify considering their income is obviously low considering they are receiv...
Steve Hungerford
Can I defer capitol gains and keep low property 19 (CA) Tax ?
I am the POA for my dad. His house has high capital gains taxes (bought it 1983) and low property 19 (CA) tax base. Can I keep property 19 tax base on a 1031 exchange ? ( I have heard no)
Could I do the 1031 exchange...
Carmel Duffy
A stupid Landlord Mistake
With winter here I thought it would be a good idea to buy a snowblower for my rental home. In the lease it states that the tenant is responsible for snow removal, but I thought I would buy the snowblower. I had the te...
Amy Lindblad
Management Questions for Primary Residence Turned Rental
Hi all, I am just starting on my real estate investing journey with my current primary residence in the extended suburbs of Minneapolis. We are planning to list it as a long term rental. The house has a few amenities ...
Jibu V.
Can I tell duplex tenants that their neighbors are on vacation?
Residents in one unit are on vacation and informed me ahead of time (as required by lease). A few weeks into the vacation, the residents in the other unit asked if their adjoining neighbors are on vacation. Is it okay...
Steven S.
1 year primary residence rule same for FHA and conventional?
Hey Everyone,I am getting very close to the point where I can refi out of my FHA loan on my primary residence into a conventional mortgage to get rid of my PMI.Once I do that I would like to make my primary a rental a...
Mark Forest
Possum in crawl
We just bought a house and while I was checking out the crawl space for problems I came face to face with a large possum. How do I trap and/or kill this thing? Thank you in advance for any help.
Andrew Perkins
More rentals OR less debt
Hello!Does it make sense to use the appreciation gained from our current rental properties to pay down our primary residence mortgage? We currently cash flow about $600/month on 2 rental properties. However, if we w...
Khalil Sleiman
Primary Residence Turned into Rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $254,000
Cash invested: $16,000
Sale price: $370,000
Purchased initially as a primary residence, moved out l...