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Results (3994)
Jay Patel Heloc Vs cash out finance
5 May 2024 | 1 reply

Hi,I am close to Huntsville and I have done house hack twice on which I have mortgages so I am good there..but two of the houses I paid cash out and fixed it and have rented it. Since it is more than one year I own th...

Cindy Joseph Forced placed insurance?
13 January 2023 | 4 replies

I initially had citizens insurance approved. They are now going back and cancelling my policy as they said the roof was not satisfactory after reviewing the pictures. In case I can not fix the roof in time, I would ne...

John Kim Custom lease clauses
19 January 2018 | 5 replies

What are some smart clauses to add in addition to a “standard “ lease?

Mark Esperti Surplus Insurance Line for Student Rentals
30 October 2024 | 5 replies

I'm currently doing my due diligence on a multifamily that's located within a college campus.  It's current tenants are not students but my plan is to replace the tenants with students within the year after purchase. ...

Eric La Pratt What closing costs, fees, etc. are deductible from 203k project?
18 June 2018 | 6 replies

I closed on a multi-family 203k project in Chicago that I am house hacking. Since I will be occupying, I understand I can only write off a portion of the expenses (presumably 75% since there are 4 floors and I will li...

Joe Koppel What percent of my cash flow should I set aside for the tax man?
9 August 2017 | 19 replies

I live in San Diego, CA and am buying rentals in KC MO. I will soon have 4 rentals. I have about $320/mo positive cash flow on each after property tax, insurance and property management. Since this will be my first ye...

Shawn H. Hiring kids & Roth IRA
23 September 2020 | 16 replies

I've read that a business owner can hire their children, then fund a Roth IRA for them since they have earned income. Are there any reasons this would be a bad idea?

Samuel J Claeson Inherited Lease Agreement/Security Deposit
25 December 2017 | 12 replies

Hello,My wife and I recently purchased a Triplex in Minnesota and inherited tenants in each unit.  Since we purchased the home using an FHA loan, we are required to occupy the home for one year.  Therefore, I had to g...

John Underwood STR replacement cost insurance with increased building costs
22 March 2022 | 16 replies

I just received my Foremost insurance policy for our STR Lake house.We have replacement cost insurance, but the amount seems low in today's costs to rebuild. Our Lake lot is a good chunk of the value but still I wonde...