Andrey Y.
At what interest rate would a refinance no longer make sense?
I have investment properties with fixed rates of 3.375%, 4.5%, and 4.375%. There has been several six figures $$ in equity growth over the last several years, and my LTVs have recently been pushing 50%. I am looking t...
Tricia O'Brien
Any problem if I don't issue 1099 to handyman with job over $2K?
I recently paid a builder about $4,500 total for several projects at my rental home in Indiana. These were: building a new wood deck at back door, building new staircase in basement, installing a new window, repairin...
Marisa Alvarez
LLCs in Wyoming for Asset Protection
I have been offered ( by a CPA and Legal Buffet ) a reestructuring of my business with LLCs in Wyoming as they apparently offer the best asset protection as you can have a Nominee manager The scheme sounded great but ...
Bryce Betley
Those "I buy houses cash" signs...
We have all seen those "I buy houses for cash" signs. Do any of you have experience with them? How have they worked?I began to think that it might be better to create a company name so that when people are ready to se...
Matt Liu
Tenant threatening to sue me for falling down stairs
I inherited lousy tenants in a property (year lease) who are threatening to sue me for a slip down the stairs. She didn't seem injured but yadayada had to go to the doctors and did xrays yadayada. Now they're saying s...
Josh Edelson
Why are all the insurance companies pulling out of disaster areas!?
GENERAL DISCUSSION:California has fires. Florida and South Carolina have hurricanes. All these insurance companies are jacking up the rates 2x-6x or cancelling policies altogether in these and many other areas. If you...
Neil C.
San Antonio
Hey guys - I am looking into the San Antonio market. Anyone have any information on the following:
- best areas to invest with a buy and hold while cashflowing from the renters
- good real estate agents in the area
...
Keegan Darby
Investments with no cash flow
Hello BP -
Turned down the purchase of a home today with the following details:
$220k purchase price $270k ARV (built in 2008, just needed to be cleaned)
Needs ~$20k in light work (paint, faucets, yard cleaned) ...
Mark Frattini
Tenant was “gifted” a dog
My property manager contacted me to let me know a tenant in one of my duplexes has been given a dog. They asked me if I would consider collecting a 200.00 pet deposit and 25.00 a month for pet rent or if I wanted to e...
Dion DePaoli
Due On Sale Clause - Misunderstood?
I have seen several conversations lately which have had some form of Due On Sale or Alienation Clause concept in them. As such I want to address the topic and provide a little opinion as well.
First let's start wi...