Hello BP,
I had a strange encounter with a prospective tenant yesterday. He was from out of state, claimed to have a contract for one year with a local company, was pressuring me to move quickly on completing a lease...
Hi BP!Is it common for refinancing banks to require a personal gtee even if they're lending to an LLC? Isn't the point of the LLC to limit risk to the investor? Additionally, if there is a personal gtee, won't the loa...
Hi All,I am in the process of listing my first rental and was wondering what everyone's thoughts were regarding the Zillow Application and Screening services for tenants? Has anyone used them and what are the pros an...
I have had a 401k for about 10 years now and our company was bought by another and now they are starting a new 403B. Our current account is "frozen" and we can decode what to do with it. I have been reading up on usi...
Hello All, I have a minneapolis duplex from 1931 which is separately metered with a shared basement that is separately wired for each unit. Each unit has their own laundry, light circuit, and outlets permitted in 2019...
Hey everyone, I have a 401k from a previous employer that I was planning on moving into a self directed IRA. I just was wondering if you are allowed to borrow on margin with it? I'm sure every place is different but I...
As I grow more educated in the area of personal finance and investing, I am realizing that the $$ sitting in my 401k could be doing much more for me. I am 36, $140K fully vested in my company 401k. I do have other s...
Hi everyoneI am a new landlord from last year and working on my tax return. I found two new things along the process. First, 1099-NEC and 1099-MISC. Second, QBI deduction.I bought two 8 unit multifamily properties in ...
I will be relocating to Las Vegas in the near future and need feedback on the status of the current investor market in Las Vegas.
My tenant left after completely trashing the property. The person did not leave a forwarding address (I have e-mail and/or phone number, social security etc. though). I was wondering what do I have to do to atleast pu...