John McGonigal
What would you do with $500K cash?
I have a family member in her early 20s who is about to receive $500k from a settlement. She asked me to initially serve as executor over the account to help protect the money from being squandered.I’m not a CPA or f...
Kyle Flamm
First Investment Property
Investment Info:
Single-family residence buy & hold investment in Murfreesboro.
Purchase price: $184,900
Cash invested: $10,000
This property is a 3 Bed/2 Bath single family residence that we acq...
Kenneth James Grate II
Pros/Cons of buying a rental, when you yourself rent?
I'm trying to decide if it would be a good idea or bad idea to sell my house, use the equity and my savings to put down a good down payment on a rental, and then rent for a little while until I build up savings again....
Alex Rodolitz
Best Practice Questions For Online Auction Purchases
Hello,I am about to purchase a quit claim deed for a single family house in an online auction in Columbus, Ohio. When the title was run through a title search company, my partner and I were asked "if the owner is stil...
Michell P.
Requiring companion animals to be neutered?
Hey all, I'm helping out on a property (Oregon) where a previous tenant abandoned about 5 cats. We're working with an animal rescue organization to catch / neuter & rehome (if tame) / release (if feral). And the...
Nick Johnson
1 Month Deposit Max Question
I understand that the law in CA limiting landlords to a max of one month's deposit went into effect on July 1. Does anyone know if this applies if the applicant is volunteering a two-month deposit in lieu of a high cr...
Vivek Kumar
Tenant for possible short term
I normally sign up for a year lease. However, got a willing tenant with an excellent credit score and everything willing to sign up for a year lease. However, they already see a possibility to break it after 6 month d...
Jerry Hodges
New LLC line of credit
I have a property that I’ve recently acquired. All of the 11 windows seem to be the original install from 1943 with the counter weights in the walls and everything. After the window replacement, some cosmetic work, le...
Bailey Kramer
Best property size for a mid term rental
When it comes to mid-term rentals, there's not just 1 "ideal" bedroom/bathroom count configuration! Here's what I've found from my experience.
1-2 Bedrooms: A Haven for Traveling Nurses
After housing a bunch of tra...
Richard Warren
Greenspan Speaks
Former Fed Chief Alan Greenspan gave his impression of the current financial situation.
His article in the Financial Times:
http://www.ft.com/cms/s/0/edbdbcf6-f360-11dc-b6bc-0000779fd2ac.html
He says of the current ...