Lance Cummins
How should I approach a wealthy family member to be my PML?
Hi BP,I have a wealthy family member in the construction business and I am considering talking to him about possibly being my private money lender.I am looking for advice on how to pitch the idea to him.
Constance Wong
Bought property in auction and tenant (if exists) not responding
Hi all,
I just bought a property in San Francisco through an auction. The previous landlord (a management company hired by the bank) has left eviction notices on the door. We've been trying to contact the tenant by ...
Janice R.
Property owner cannot keep an extra set of keys per the PM contract
Hello all,I have been self managing my investment properties for many years successfully for years. I respect the tenants their privacy and I have never "show up". The one time I needed to get into the property qui...
Carlos O.
Sole Proprietorship in MO
Hello all,I'm currently trying to find out if I need to register a sole proprietorship in MO and what kinds of costs that entails. I'm currently looking to purchase my first property. Everything is going under my name...
Christina Wrightsman
How to Deny a Showing Request ?
Hello! I am a newbie whose first ever tenants are not re-signing the lease. In my first ever round of advertising the unit I always included the rental requirements in any response to a showing request; for example 3x...
Alex SImon
My name is Alex, and I am "part of the problem."
Hi. My name's Alex from central Florida. I'm a Leo, I like long walks on the beach and exporting democracy at gunpoint. I'm not part of the solution, I'm part of the problem. When you watch the news and you ask yo...
Corinne Ulloa
Storytime - Also worst-case scenario if we don't send EMD?
Apologies in advance for being so long winded. We are hoping that someone can advise us of the worst case scenario if we decide not to move forward, amongst a couple of other questions along the way.Here's the deal......
Yuliany W.
Withdrawing funds out of a 401(k)
Hi all,
How do you withdraw the money in your current employer's 401(k)? I don't have a financial hardship, and I don't want to take out a 401(k) loan. Is this possible at all?
I know there are penalties for withdra...
Jon Horton
$450k. Ideas on how to invest it
Scenario: $450k to investBackground: Currently have 7 SFH rentals (turnkey purchase) that are currently financed with 1 commercial loan (so that I could get HELOC to pay off house and car notes quickly) and 1 tear do...
Allan Gibson
Choosing a solo 401K provider
I am in the process of choosing a Solo 401K provider (for lack of a better term) Costs range from $500 to $1500 for initial set up and $125 to $200 per year to maintain the account each year. Has anyone experienced ...