Christopher Olson
When Medicaid takes someone's home...
Question...
With all these new people on Medicaid, what happens to the properties they take?
For people on Medicaid, the 10 states that plan to go after your estate’s assets are: California, Colorado, Iowa, Massachu...
Kenneth Davis
How to confirm the income of an applicant that is on Disability
I have an applicant for a a property of mine whom submitted information to a tenant screening service I use that his monthly income from Disability is $1500.00 monthly. My advertised rental that he wants is $475.00 pe...
Rich Weese
no recession for the Feds!! What a great comparison
From Universal Press Service.(did anyone see this?)
A December USA TODAY anaylysis revealed that during the first 18 months of the recent resession, beginning December 2007, the number of federal employees with six...
Jeb Shookman
How long can evictions be banned? (Coronavirus)
This is a rhetorical question, because I know we don't really know, but... I am concerned mainly because the relief being offered to landlords (mortgage forbearance) is not beneficial enough when compared to what ten...
Jessie Kristie
Anyone still buying with increasing interest rates?
Hello, Just wondering if any investors are still buying in Huntsville/Madison area with increasing rates in current market. In CA, I’ve been seeing price reductions with some remaining on market for longer than 90 day...
Patrick Britton
Self-manage +10 rentals in another state?
In the past three years I have spent over $40,000 in property management fees. While there has been some value in their management, I'm wondering if perhaps the value does not exceed the expense. Of course, this doe...
Bryce Hacker
New Investor Looking For Creative Strategies to Finance a Duplex
Hello,
I have a friend of a friend who is selling their duplex due to complications with his business partner. The property was under contract but the contract fell through as the seller would not be able to get the...
Joyce Hoffman
Eviction of a free loader?
My sister Joan is 83 years old and lives in New Jersey. She had a homeless person living with her for the past 18 months named Lynn. This person brought in her male cousin (also homeless) to live there free, and ...
Rocco Swinney
Married and cant writeoff rentals anymore?
Hi All!
I am getting married next year and I am trying to ensure all is in order. I always writeoff my rental losses each year
Ex. I make 80k and she makes 80k
My understanding is if your agi is under 100k you can ...
Buddy Platzke
Should I rent my home or sell - not sure if BRRR is best
I have my primary sitting unoccupied (moved in with someone) and I want to purchase another property for STR. I’m not sure if I should sell or rent the house or if there’s another possibility. I bought this house 6 mo...