Christian Hutchinson
Tenants threatening to rent strike
I have a MFH housing unit. Two units share a washer and dryer. Both tenants moved in within 2 weeks of each other. The Washer and Dryer were purchased brand new in August 2019. The washer and dryer were delivered t...
Karla Merry
1031 Exchange to a home to live in?
I am a member-manager of an LLC which owns a property that I would like to 1031 exchange into another property and then move into. Can I do that? And, what is the best way to make that happen? Could I rent from the...
Henry Clark
Banker called and Gave Update
Out tearing fence down on 2 acres we bought at an auction. One of our bankers called to say hi. See how our projects are going. If we had any more deals we needed funding. Asked him about bank financial safety. Sa...
Ravi Veer
Self-directed IRA/401k - conflict of interest triggers "prohibited transaction"?
Hi,
I am planning to start an LLC to purchase a real estate. My friend's IRA (IRA-A), my IRA (IRA-B), my friend (A), and me (B) are planning to invest. I have been reading up on IRA-LLCs and have a couple of questi...
Christen G.
Porcelain Sink Damage
Hey folks,
A renter at my STR cabin did a number on my vintage, perfectly restored porcelain sink. I'm not sure what it is/how it happened, but it's black streaks that no matter how hard I scrubbed I could not get ou...
Anthony Friday
is it enough? or keep grinding?
I have been kicking around the idea of rental properties for about a year and some change now. I had a couple goals i wanted to meet before diving in though. well, goals met. i currently have about 10k saved up and mi...
Jason Foxx
Creative Multifamily Strategies for Other Income
What are some creative ways to get Additional Other Income from a high end multi family building? I may be running an 80+ unit in the near future.Laundry is included in each unit. Ways that we already implement are st...
Ray Stephens
Can a beginner capitalize on a bubble pop?
Alot of interviews and articles i have read suggest that we are a the crest of a wave. I understand that when a market crash happens if people have the capital or are in a good position they can really captilalize on ...
Matthew Trieber
Is this a good deal?
Hello all,I am starting to look for my second buy and hold property, and wanted to run the details past others to get opinions and ensure that I’m getting a good deal. The property is a four-plex, asking $139,900 and ...
Sam Leon
Do you allow tenants to hang stuff outside your properties?
Do you have a rule in your lease to allow/disallow certain things to be hung outside your rental properties?I know this is a vague question, so here are some specific examples:(1) After washing clothes, tenant hangs c...