Bart Blair
Rehab Priorities That Add Most Forced Appreciation (ARV)
My son and I are going to buy a property that he will live in for a year while we prep it to be a rental. We're looking for something off-market that is liveable but needs work. What are the things we should prioritiz...
Robert Kruse
Charging for small damage that cannot simply be repaired/replaced
I am renting a room in my house and my current tenant is moving out. She recently caused a small burn in the laminate/vinyl floor in the kitchen. The burn is in the middle of the floor, but is only about the size of a...
Jason R.
Getting the ball rolling in Snohomish, WA (NE of Seattle)
Hello BP community!I'm Jason. I'm in my late 30's, married with a baby. We live in a home with a detached mother-in-law rental. I've enjoyed being a micro-landlord and the rental income has allowed us to live nearly m...
Jacke Draper
Solo 401k - Self Dealing after 59 1/2 yrs
I am considering buying property using an LLC (which has my solo 401k as a 25% member) and keep it as a rental. I would keep the expenses split 75/25% subject to the rules of the solo 401k. However, when I reach 60, c...
Anthony Cosgrove
Sell or Cash Out Refi
Hello BP!I am considering refinancing my SFH that I have been renting for the last 3 years. Below I have listed the current numbers and the refi numbers based on a concervative value of 105k. My problem is that I a...
Rudy Duran
Led recessed lighting choices and trends
It seems to me that the trend is towards smaller and smaller fixtures, just more of them. because LEDS allow this kind of setup? I'm thinking of putting in a bunch of 4" or 3" kits in every room. What do you guy...
Brad Smith
Roof Leak
Tore out the ceiling last Sunday and confirmed where the roof is leaking. Now, I'm trying to figure out how to repair it. Looks like the "right" way is to tear everything out and start over but I'm thinking about tak...
Monica Crisostomo
Does this structure with Trust and LLCs look right?
Hello,
I would like to have some feedback about the structure we are putting our rental properties into. We are thinking:
a) 1 Trust for each rental
b) Trust's Trustee: Disregarded LLCc) Trust's Beneficiary: Regu...
David Stone
Criteria around Grays Harbor Co, Washington
Hey, I have been getting a ton of calls from my yellow letter campaign with owners who need to sell their homes. I have been focusing primarily on absentee owners.Investors in Aberdeen, Montesano, Elma, or McCleary......
Andrew Dunlap
Looking for some advice on financial gymnastics
Recently bought a house to live in with my family. Crappy house in a nice neighborhood type of deal. Did something I have done before and funded the renovations with 0% credit cards of various kinds. Renovated literal...