Shaun Skeffington
Question On Using 401K
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. ...
Jon Mason
Columbus Ohio SFH Flip - Jon Mason
This will be my first flip on my own. I have bought a sfh on the east side of columbus in a tax foreclosure auction at the sheriff sale. 4/2.5 2276 sq ft bought for 140,000 ARV 199,000. with rehab costing 15,000 to 20...
Lorraine Patterson
Long Term Stays in my STR
Happy Monday, I have a booking inquiry for 44 days, they are snowbirds they have been verified on VRBO since 2015 and they have 2 Five star reviews as guest. Is hosting long term stays over 28 days a bad deal regardle...
Tony S.
How to vacate 15 month-to-month tenants for renovations?
Hi all,I'm under contract to purchase an 18-unit apartment with 15 of the units on month-to-month leases. Does anyone have experience vacating multiple apartment units occupied by month-to-month tenants in order to d...
Audrey Spina
Full time Mom Strategy
How do you invest when you have two hours a day to yourself? What would you do if realistically you could only work while baby naps? Pre pandemic we planned to start investing, started saving, analyzing deals, getting...
Leon Lee
Best practice for guests staying longer than 28 days in a STR
Hi, Fellow STR investorsI have seen many posts on this topic, but I am still a little unclear on the best practice for this situation: what is the best way to deal with guests requesting to stay longer than 28 days (o...
Susan McBride
Applied for Forbearance and Was Offered Only a Short-Sale Option
Hi. I am currently unemployed and have my home on the market. I have very little equity in it and my loan balance is around $400k. It is one of the smallest, least expensive homes in a beautiful sought-after golf c...
Jason L.
New Property Manager Taking Too Long on Turn. Should I Fire Them?
I just bought a property in a new market and hired a property management company for the first time there. The turn of the unit was not a big scope of work -- about $1000 of mostly general cosmetic items. They got key...
Jerry Gandolph
Best way to handle taxes on Flip house
Hello,
Im closing on a property today that I intend to flip for a profit. I bought the house via forclosure for $115k, will put about $20k into it and will list it for $225k. Im curious what is the best way to approa...
Adam Arkfeld
Longer-term STRs (28+ days)
Is anyone doing STRs exclusively for 28+ days?I have an STR in Mesa, AZ, and got a longer-term tenant from January through February who is paying me close to $6k per month. This is about $1,500 more than I get with th...