Sebastian Koellner
Just bought door # 2 with over 5k back at closing
It’s a small step on the slow and steady path to wealth. We are trying to move to MFH, but stumbled upon this Condo at about 60% FMV. After some negotiation and the usual procedures, we just closed yesterday – bought ...
Jay Chekansky
Am I overlooking something while in DD?
Hey BP,I have a property under contract right now and I'm in the DD process. Since this purchase isn't as straight forward as all of my other vacant property purchases, I figured it'd be a good time to invite my "mes...
Linda Roberts
What is a right way not to renew lease with a problem tenant?
I have a problem tenant who is extremely annoying and creates many problems for other tenants. For example, he made a huge deal about a sublet in another apartment, which is none of his business. He pays rent on time....
Bob McMonagle
Self Directed IRA
I am interested in possibly moving some of my ($100,000) (Currently Employed) 401K into a SDIRA so that I could have better access to the funds so I may use them to Rehab a couple of Properties. I would most likely u...
Olivier Chaine
LLC Transfer - for Loan
Somewhat unusual situation: we are in escrow on a property, and the current lender was going to underwrite the new loan. Due to complications in due diligence (seller financials), the only way that it makes sense for ...
Jennifer Blanchard
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted. ---------Hello, this is my FIRST ever analysis. If someone has some free time and likes looking at th...
Jim Smith
rental property to 2nd home #2
@Dave Foster gave me some great advice previously, and based on my new understandings, I want to restate my objectives here to make sure that I know fully the situation and my options.
I bought a new home in 2003 in ...
Jim Lin
Can Mother remain landlord if not property owner?
So we may be given a property from my mother (currently rented out 2 units) and wondering 3 questions:1. if she can continue to lease out the property under her current lease agreements and collect rent (and keep it)....
Michael Kiger
Closing in approx 10 days on first rental
Good Morning allAbout to close on first rental. It's a duplex with tenants already in place. Looking for any thoughts or advice for things I may not have thought of.Still weeding through apps for management. avail, te...
Daria B.
Cleaning dishwasher - not often used - looks like rust???
Hi all-
I've got a dishwasher that is seldom used. Today I had the plumber out to switch a kitchen facet.
Since he had to cut off the water I wanted to make sure everything was flowing and working correctly.
When ...