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I'm considering converting one of my SFH (4bd/1bth) rentals into a rent-by-the-room situation. All of my other properties have one family in them, however I wanted to consider the possibility of using this new deal to...
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I am the president of a HOA in a 6-unit condo building looking for a solution. Louisville MSD just increased rates 7% again and this year we are averaging $700/month between water+sewer bill which has basically bankru...
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Hey guy,
I've been seeing some Cliff Adams ads on CL about mentor program which has a monthly charge of about $300 plus a $150 setup fee.
I've been searching the heck out of google to find some reviews about Cliff Ad...
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Hi All,
Do you share updates from the local police/city with your tenants? Things like increases in theft/break-ins/etc.? If so, how do you generally disseminate this information to them?
Just wondering what the gen...
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I just recently listened to the BP podcast #210. On the second half of the episode, Sam is interviewed. He mentions that he owns a single family home(SFH) and rents out each room. Has anybody else done this and have a...
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I need to personally guarantee a mortgage for a refi that I am doing on an investment property of mine. The property is under an LLC. I have other properties that are owned with other partners and those are also in LL...
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In our area, most of the fix uppers are cash only, (usually 300k to 400k) and needs more cash to renovate. I only have about 200k cash to spend comfortably and don't want to take a hard money loan. One of my close fri...
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I heard that with a 1031 exchange we would need to replace the entire debt. How would that work if the property is being owned by two unmarried joint tenants with rights of survivorship, with only one person on the or...
I'm just interested in hearing some tenant horror stories. What sort of tenants have you had to put up with, that were maybe hostile towards you? How did you deal with them? What sorts of things have you kicked out te...
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I have recently heard of an interesting tax-saving strategy of how to convert traditional IRA to Roth while paying very little in taxes. I would like to share it and get some feedback.
In this example I'll use a trad...