Jennifer Newby
Fourplex purchase with FHA 3.5 down in pricey Alaskan market
Hoping to get some insight on an opportunity I have. There's a fourplex I'm looking at, seller asking 550,000 that I can qualify for with an FHA, 3.5% down, using the rents from 3 of the 4 units. I love the idea of ...
David Gonzalez
What todo when you get a TON of Calls on a Rental Property? (Or how to Organize/Scale your process of tracking peoples interest in your property)
My Goal:To create a process to handle Rental inquiries and to cut down the time it takes for me to respond. I need a process that allows me to document my interaction (for legal reasons), track who I responded to and ...
Robert Karnes
Self-Directed IRA to purchase Short Term Rental with Arbitrage
Hi All,I am looking at making a purchase of a vacation rental with my SDIRA. I have had long term rentals held this way and I am pretty familiar with the basic rules related to performing work, UBIT, etc.To set it up ...
James Hamling
How will the death of the 1031 impact you???????
The end of the 1031 exchange.... It's a statement that seems more fit on a sandwich board sign wandering a street corner right next to "the end is nigh" yet, here we are in a living reality where it was not only spoke...
Steve Burke
Living trust, will, power of attorney?
I have two rental properties, one in Minnesota and one Alabama. I am currently living in Arkansas and about to close on a house which will be my primary residence. I want to make arrangements so my sister can take ca...
Samson Tefera
Contractor unable to get rid of pet odor.
The house I bought had a strong pet odor, cat urine, and as part of the scope of work, I asked contractor to eliminate that odor, however house was repainted and work 99% complete, but odor came back. Contractor assur...
Michael Mcguniess
Water issue in basement on house under contract
I am looking at a property that has a water issue in the basement. Looking at it, I believe it is due to the fact that the land is graded downhill, towards the home.
I am buying this home as is and want to make sure...
Matt Vanden Toorn
2 Words That Have Saved Me Hours of Frustration
Like most of you, I do most of my advertising for my rentals through craigslist. Nothing irritates me more than setting up an appointment, driving over to the rental property to meet a prospective tenant and no one sh...
Jay Belcher
QuickBooks Online - worth the price? Need accounting advice!
I need accounting advice. I apologize in advance for the wordy post, but would appreciate if anyone has good ideas.
I recently started using Rentec Direct (property management software). It tracks income and expenses...
Drew Poniewaz
Self-directed IRA / SDIRA st. Louis
Does anyone know of or have any recommendations on Self Directed IRA companies out of St. Louis?