Tilmon Smith
Can I use a regular 401k to purchase real estate?
Hello Everyone,I recently joined the site and saw a lot of great discussion regarding cashing out a 401k plan versus a self directed IRA and a solo 401k plan to purchase properties. I prefer the solo 401k because of ...
Dean Julie
Divorce, $19,071, remote rehab
This one's complex and I need immediate input, so I thought I'd post it here. Feel free to move it to Landlording if it would fit better there.
This is a semi-cry story, and it...
Drew Hernandez
California Hard Money Violations?
Hi all, I have started running this by some local San Diego attorneys but wanted to get feedback from group.
Situation:
1. Homeowner owns a duplex in Lemon Grove, CA. Non owner occcupied.
2. ...
Shannon Elam
Investing after debt relief counseling
Has anyone had success in real estate after filing bankruptcy or going through a debt relief program? I am thinking of doing a debt relief program to get a fresh start.I have a SFR that is currently rented out on an ...
Joe Smith
capital gains issues if subdividing a lot...
OK, this is a situation that I saw on another board and it got me thinking about it...just my brain working here.
It's a 9 acre single parcel of land, that has 2 single-family homes on it, and a fourplex. He lives i...
Daljit S.
Just Closed - What to do with lease on existing tenant?
Hi BP,
I just closed on my first property last week! A duplex in Union, I'll be house hacking this property and living in one of the units.
There is a tenant that I'm inheriting from the previous landlord. During ...
Jerry Collins
Newbie in Sunnyvale California
Hi, I'm Jerry Collins and my goal at this point is education in anything that takes my family from the rat race to passive income. I learned a lot of the basic concepts and agreed that we needed to go there long ago,...
Jim McConnell
Credit check worries
I have a potential tenant who turned in an application for my SFR. On the surface they appear to meet my requirements.....except for the credit...they have none, the response came back as N/A! Apparently they pay for ...
Erik Orozco
Using rent and security deposit as down payment
Hi, newbie investor here looking to purchase my 1st property. I'm focusing on small multi unit properties I can "house hack" to get started. My question is if I'm purchasing said property with existing tenants can I u...
Ewa Reza
Bad quality remodel / shoddy workmanship/general contractor issue
I got a very basic contract with general contractor from Los Angeles. The work promised to be completed in 6 weeks. I did not believe that and estimated for myself it will probably take 10 weeks max. It's been taking ...