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I purchased a small house and dont need a ton done but I'm finding every contractor and even handyman I get to come out are giving g me estimates that are just a joke-even considering the cost increases of materials. ...
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Do you have a rule in your lease to allow/disallow certain things to be hung outside your rental properties?I know this is a vague question, so here are some specific examples:(1) After washing clothes, tenant hangs c...
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My parents co-signed a mortgage to help me get a better rate when I bought a condo, and are on the title. Now I'm doing a 1031 exchange and dont want them to be on the title for the new property or have any tax proble...
My wife and I have 2 properties in Spain through our self-directed IRA's. She's 62 and I'm 67. When can we start using them?
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Hello all,I have been talking to two private lenders. One of them requires purchase of an insurance policy to protect themselves. The other has a fee to originate the loan. I have no problem with either of these co...
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I while ago I read a post on BP about someone putting slanted drip pans under the sink so that if there is a leak water flows on the floor it is reported by a renter rather than pool and cause water damage especially ...
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I was at a meetup the other night and a CPA came to speak with us. I spoke to him on an individual level after the meeting about a 1031 exchange that a family member is looking to move from one property to a like kind...
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Hope everyone is having an awesome Tuesday!Would you guys do a cash out refi on a property purchased with cash, simply for the purpose of writing off mortgage interest? I believe you can write of interest up to a max ...
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I'm a newbie with 1031 and with buying out of state. My SFR in San Jose will be closing within 30 days or less. I will have about $1.1M to exchange. I know I need to identify properties within 45 days of close and buy...
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Hello BP Community,I have been vetting some property management companies (Manager). When looking at contracts, I am seeing a theme of indemnity clauses. The Owner would be on the hook for the negligence of the Mana...