Ivan Burley
Money order in the mail!!!???
So yet another new (to me) dilemma in real estate investing. I have a mobile that I have crwated a note on and the lady has yet to miss a month. She has been late a time or two but always pays the late fee. Howe...
David Robertson
Process of Renting a Property from Day 1 to Tenant Move-in?
I have recently been given the opportunity by my father-in-law to manage a rental property. He is having trouble selling the property and wants to have his mortgage payment paid for, anything above and beyond his pay...
Account Closed
How many entrance strategies should i know for wholesaling?
if i were to wholesale, these are my different options to get the property under contract.Cash deal- big discount on priceOwner Financing- they need finance the equity and i pay off whatever mortgage they have left. ...
Paul Sandhu
Your semi useful or semi useless "Tip of the Day" for an STR
Post up any tips you have for managing your STRs. One a day. Here is mine for today: Whenever you have to take a clothes dryer apart to do something to the belt or motor or thermostat, take a look at the bottom pla...
Daniel Rogers
Partial 1031 Exchange
I’m expecting an offer on a former primary residence that we are renting out. We paid $173k in 2012, expecting an offer of $280k. Because we are active duty military, my understanding is that since we lived in it 2+ o...
Whitney Moore
203k building permits not approved
Recently closed on a 203k loan. We are in the process now of getting the building permits but have to apply for a variance for our property. Most of the variances get approved but some do not. My question does anyone ...
Peter Brisette
1031 fees vs taking tax hit?
Paid $100,000 in 2012 for this rental to kids, they are moving. If we sell for about $200,000, we are in 15% bracket. Married $77000 income approx. What's better choice, pay the cap. Gain tax? And be done with it. Or,...
Seth Bender
Deferring capital gains on rental
When selling a rental what is the process of deferring capital gains? My understanding is you set up a trust for the money to go into after sale and then keep it there until you purchase new property. How much time do...
Paul Sandhu
Custom salt and pepper shakers?
Making my STRs unique is something I enjoy doing. All my renters are contractors working in a refinery, and they have to take a drug screen before they can get a badge to get in the gates of the refinery. Most of my...
Dan T.
1031 into DST with Boot.
Can someone look at my novice numbers. The idea is to get is much out as low of tax rate as possible. Then do similar cash out again when DST renew, staggering DST's.
We don't need legacy just income to live. We are...