Jack Bobeck
Learn about Big Credit Risks NOW
I lived through the last credit risk of 2008-2012, lost a few nights of sleep, but I think its BEST to be prepared. A guy who knows a few things about Credit and Debt has written a new FREE book, Ray Dalio, A Template...
Frank Greco
Best tax strategy when investing out of state?
My LLC is domiciled in NJ. It holds a couple of LLCs that own property. I’m looking at properties in Florida and may move there. What is the best way to acquire new property in Florida? In a Florida LLC? Create Dela...
Joel Stanley
To Fund N' Grow or not to Fund N' Grow?
So, I have $10k that I'm sitting on. I want to buy a single family to hold for passive income. Rent where I live is about $1000/ month for a basic 2bed 1ba and upwards of $1250/mo for a 3bed 1+ bath. An investment loa...
Raman Bindlish
How does Cash out Refinance accounted from Tax Purposes
I have a question with respect to Cash-Out Refinance.Background and some context- We bought a duplex last year and put in some money into it.- It lost money this year due to an eviction and we ended up doing a major r...
Shadonna N.
Insurance aganst a non-paying tenant
Has anyone tried the lease guarantee service from tenant alert. I would not let the tenant know they have this out but I would find a way to include it in the security deposit/rent. I wonder how many claims you can ...
Dave Mosher
Should I take the tax deductions or claim the income?
I am closing on my first SFR on December 20th. Financing has gone great with no problems. I went through a local bank, who offers portfolio products. I was talking yesterday about what I would need in order to purc...
Andy Mirza
What's the latest experience for NPN pricing?
We've got another month of capital raising before we go into buying mode for NPNs. Our latest information is that NPN buyers are expecting 8-15% discounts from pre-pandemic pricing. Are sellers accepting that?We know ...
Marc Ardito
Primary Residence Turned Rental
In 2012 I bought a house in a small rural town in Northern Montana where I was working at the time. The house served as my primary residence up until last October when I moved out of state for another job. I listed th...
Julie Haveman
Can't do cash for keys, but I can do this.....
So long story short. We had a tenant call and say that they had a domestic violence situation and she and the kids moved out. She now has a PPO against him. She was the only one working. After calling, texting and kno...
Dean OMalley
Patience (sometimes) pays off - avoiding a short-sale
Investment Info:
Single-family residence buy & hold investment in Surprise.
Purchase price: $282,000
Cash invested: $58,000
Sale price: $225,000
Rode the wave up and down through the financia...