Harry Zhou
loan application packet sample
Dear BP, A "loan application packet" has been mentioned over and over in the podcasts and blog posts. I am wondering if someone is kind enough to PM me a link to a sample loan application packet. I am working on my 1s...
Account Closed
Worst tenant you've had to deal with?
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...
Jeff Wallace
C-Corp Tax Deductions
I will soon be flipping homes in a newly created C-Corp. My plan is to pay myself a salary and reduce the Corp's yearly net income to zero. I would like the corporation to pay as many of my personal expenses as poss...
Nick B.
How to convert traditional IRA to Roth and pay very little taxes
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...
Spencer Fuller
House Hacking, Section 121 Exclusion, & 1031 Exchange
Hello,I would like to understand how the section 121 exclusion and 1031 exchange could be applied to a 3 bedroom condo that I own. I lived in the condo as a primary residence for two and a half years, so therefore qua...
Stephen Moskowitz
HEEELLLP!! How do I find a mentor if I'm overseas????
Hi All,How do I find a mentor while I don't live in the US. I have some good investment ideas about my hometown in the US but I don't know how to go about it??Any ideas???Thanks.Stephen Moskowitz
Michael Quarles
Angry Seller Calls
This is why you shouldn’t use your Home Address as a return address on your direct mail..
WARNING
Graphic Language
http://www.yellowlettermail.com/Angry_2.mp3
Daria B.
road easement into occupied homes not owned by owner of easement
Subject describes it all.What is the value or purpose of someone holding onto a "road" that has occupied properties (in this case all 15 SFR).The road is owned by persons from an original owner since passed on. The ho...
Grace Kwon
Cash on Cash Return and Partners
Hi all,
For a newbie REI with limited financial resources, partnering with someone to get started on your first investment is real consideration. However, I want to get a better understanding on how that would impact...
Jack B.
Send deposit refund or bill to all room mate tenants or one?
In the past I've collected the money from one person and sent the check out to one person. In this case I will need to deduct from their security deposit. They may get a partial refund or they may get a bill. I'm not ...