BackgroundIn 2010 I bought a bank owned 3 bed 2.5 bath single family property using an FHA loan which required a 5% down payment. The purchase price was $73K so this equated to approximately $3,700 out of pocket. Dur...
I've learned the individual who sold me a 4-plex on owner carry a few years passed away a month ago. The promissory note will transfer to his only child and he wasn't married. He was a fine, personable older fellow bu...
I need some advice on insurance. I have been using Allstate for years and have a couple of issues/questions. A new limit has been placed by Allstate and they won't write more than 4 LL policies per insured. I am gr...
I have an applicant asking if we accept Section 8? I have never dealt with it. Pros? Cons? Do I legally have to accept it? They want to apply to our newly built , high quality rentals...
Hey BP! Have a feeling I know what you all will say about this but thought I'd ask anyway. I've got an STR property under contract in the Shenandoah National Park area. Pencils out well return-wise, but the catch is i...
If your 401k provides a low rate of return and you know you can invest your money at a higher rate of return than the fees associated with withdrawing your money plus the opportunity cost of leaving your money in the ...
At least once a week, I got a message on here from an investor looking to buy a condo or townhome to use as a short term rental for AirBnb in the Phoenix Metro Area or Flagstaff.Having discussed the pros and cons with...
Hello! We just found ourselves in a new situation, and I wanted to seek advice from those who have experienced something similar.We recently purchased a new build home in August 2022 in Colorado Springs, and we have ...
Has anyone done an eQRP? I am looking into the company Total Control Financial, but wanted to see if anyone has setup up one with the company before. Seems like it may be better control of your money then SDIRA and ...