Dan Trinh
HOA common water pipe damaged my unit
Hi All,About two months ago my tenant noticed a leak and damaged tile in the bathroom. We brought in a repair man plus the HOA brought in their guy, and finally found out that a common water line was leaking several u...
Rigo V.
HML Draws- Timing and Process
So I have a HML for a fairly large rehab. The HML is providing 75% of the purchase, 100% of the rehab. My questions is around the draws and how I should work with the contractors?In my mind lets say I have a contracto...
David B.
Writing of expenses related to Real Estate Solo 401K
Hi everyone.
I am wrapping up a trip looking for a house to buy with a Solo 401K, to rent out. It will probably take me another two trips to finally get set up with one I like, as well as lining up the proper...
Jayson Hinkson
How to manage rental income, expenses etc bank accounts
I am seeking advice on how to manage my cash flow with my 2 rental properties. My wife and I currently have full time jobs and I manage both the properties myself. So far I have been collecting rents in one account ...
Bryan L.
Tenant Pays Heat in COLD Climate
I have a SFR that my tenant will be paying to heat (oil) and I'd like to update my Lease to reflect. Wondering how others handle this, do you fill the tank before they move in and require it to be full when they move ...
Nicole Grenier
Connecticut Mortgage Loans CHFA
Hello Everyone! Looking for some help understanding all the tax implications of a CHFA loan. There is an IRS tax recapture if 3 things happen:1. I sell within 9 years2. Make over a certain salary at time of sale3. Pr...
Jonathan A.
Property management co. neglects condo and violates contract
I could really use a bit of advise here, I'll keep it short and skip the background story.I bought a condo ~4 years ago and hired a property management company to take care of it. After a few months, I left the countr...
Tiffany Onwudinanti
What would you do? Travel for work and want to accumulate points.
Hi BP! What would you do if you were in my shoesYou travel for work frequently which is paid for and reimbursed by the company you work at. What credit cards are you using to accumulate points for flights and hotels?W...
Kendrick Laboy
Motion to Vacate Final Judgement of Foreclosure
I just purchased a property at a county auction in Volusia County, FL. Property was previously sold at county auction back in May of 2016. More than month later July 2016 1st lien mortgage holder (bank) starts foreclo...
Shequann Burrwell
tax auction reclaim
Im always thinking of diffrent strategies To own property's and here is something I wanted some insight on before I try it.
When a tax auction occurs the owner has a year to reclaim the property correct? By t...