Ian Dale Ibrado
house hacking to get in an expensive market
Hi everyone! Looking for your opinion. Im from Edmonton, Canada and I have just recently closed on my 3 unit suite and want to keep my momentum going. Im thinking of renting out my primary which will cashflow $650 (...
Mac Boeve
Security Deposit Return w/o Move-In Condition Report - Michigan - Grand Rapids
One of my tenants recently moved out. The place wasn't trashed, but seems like they did no cleaning when they left. Visible dirt/dust on almost every surface, trash (including Q-tips) left on bathroom floor, toilet no...
Steven Lange
Usury Laws and Unlicensed Private Lenders
When does a private lender cross the line? When does your need for the money to get the deal through get outweighed by the inconveniences a private money lender sets forth in your terms. My partner and I are at odds o...
Doug W.
Negotiating with Medicaid?
I'm looking for some advice from those who have purchased a home that involves Medicaid's approval.Backstory: there is a property for sale that I really like but the price is a little too high right now. It is priced ...
Steve M.
HMLs - How Did You Get Started?
I'm not sure how many HML's are on these boards, but I would love to get some information from you.
I'm thinking about lending, as I have quite a bit of extra capital that is collecting all .45% sitting in MM Savings...
Rick Baggenstoss
Housing Veterans thru VASH which is similar to Section 8
I recently started learning about the VASH program -- a program to provide homes and other support services to chronically homeless veterans a full service program. These Vets don't have rental history, credit histor...
Rick H.
Desperate non-performing note buyers beware! More hurdles ahead
Federal policy makers want to keep you from buying and profiting from openly traded non-performing notes (NPN). The bias is against private investors who purchase 1st and 2nd mortgages of delinquent homeowners in favo...
Joffrey Long
Trust Deed Investments: California SB 978 Suitability Reqs
I saw earlier posts about the new law, SB 978, investor suitability requirements for trust deed investments.
California now requires that when selling or brokering all of, or an interest in trust deed investments, ha...
Michael Deering
No School, no problem. No Property Taxes!
With the likelihood that a Fall COVID outbreak will force schools to close and adapt a virtual teaching platform parents will incur the cost of time and lost wages to supervise and teach their children. I understan...
Callum K.
Repayment of 2008 first time home buyer tax credit
In 2008 I purchased my first home and qualified for the $7500 tax credit loan that requires a repayment over the next 15 years. I made the $500 payment in 2010 and 2011 but in 2012 I converted my home to a rental pro...