The $70k in cash is tied up in a C-corp that I am the sole owner of and they are from my own 401k (funded via ROBS financing). The original business idea (an internet business) failed, and now Im left with $70k from l...
I am updating the contracts we use with contractors to stipulate some kind of financial compensation when work is not completed on time. Does anyone use this kind of safeguard in their contracts and could you share wh...
Hey Everyone.. My wife has a 401K plan she had with her previous employer and does not work anymore. We called the investment company that has it and stated we cannot borrow against it due to her not working anymore. ...
Wondering if rehabbers set up any sort of incentive/bonus for contractors for completing work on a certain time schedule. Or, alternatively, if people set up some sort of penalty if the contractors don't finish the wo...
Good morning All,
I hope all is well, I would like to share my issue with you all for some advise on how to tackle this problem. Last year around this time my dad was sick and I have to move overseas since he died to...
We are experienced Airbnb hosts but just listed our property on VRBO. On Airbnb we are able to welcome instant booking for guests who meet our review requirements. We like this little bit of security. VRBO does not se...
When I quit my job I'm going to cash out my 401k. Is there anyway that I can avoid the penalties if I am going to invest it into an investment property? what percentage is the norm when cashing in your 401k?
I'm under contract to buy some distressed properties on the south side of chicago. Every property has a city of chicago municipal lien on them from violations from up to a year ago to many years ago. Our goal is once ...
Hi. I've been thinking about investing in medical office for a while, but I'm rather confused by obamacare's potential impact on medical offices. On one hand I do know there'd be more people covered with health insura...
My husband and I own one property which we hired a property management company to manage. From the beginning, it has been problems with the management company. We decided to wait until after the first of the year to t...