Chris Bingham
Two approaches to increasing the rent
I often give new tenants the option of month to month, 6 month, or 12 month leases. Many people have suggested providing a letter with multiple options when renewing a lease (which I have done a few times) with differ...
Naskat Williams
hml owner occupied
i have found a gret reo for 50% arv that i want to offer all cash on, but the hml do not offer loans to owner occupants. i am preapproved for a fha 203k, but i don't have $10k to close. does it really matter if i live...
Abby Robinson
Cash out 401(k) for real estate investment?
Hello fellow BP members! I have a 401(k) that has been sitting for the last 3 years that I haven’t been able to contribute to because it is set up through a previous employer. I’m considering cashing it out in order t...
Brad Swearingen
Wholesalers: do you pay quarterly taxes or wait til they're due?
Hey Wholesalers,
I am finishing up this year's taxes and TurboTax is asking if I want to estimate quarterly tax payments. I have never done quarterly tax payments. However, I have a full time w-2 job and then I who...
Jim Bentley
Multi account insurance discount for SDIRA
I'm getting ready to close on my first investment house purchased by my SD IRA. My personal insurance agency gives a discount of 10-15% on my insurance policy because I have multiple, personal (homeowners/auto/umbrel...
Jeremy Luster
Need quick advice/help on leveraging finances
My wife and I are in the process of starting our rental portfolio. We're scheduled to close on a property soon but wondering what's the best way to leverage our money for the down pymt. We currently have a Heloc ava...
Account Closed
Minnesota Personal Gains Tax for a Newbie
Hello again BP,We are considering finding a home and Move-in/Flip/Sell/Move-out in roughly a year, maybe less depending on how well it goes. I am not understanding the capital gains tax for Minnesota. Am I taxed at my...
Bob D.
STR Deal in Truro, MA
I have a property under contract in Truro, MA that will be positioned as primarily a STR. Cost is $1mm and we are looking to put 25 - 35% down depending on terms. We believe the property will gross $90k/year in peak s...
Robert Marsh
What are private notes and is there a way to message people?
How do I privately message someone on this site and what is a private note? Is that a private message or is that just something you save for memory purposes?
Tim VandenToorn
Mathieu-Gast Home improvement Act
I thought I would share this with all the Michigan buy and hold investors. For those of you buying and rehabbing distressed properties for long term holds, in West Michigan, Grand Rapids, Lansing, East Lansing, Detr...