Tim Lyons
Should "war zone" neighborhoods be avoided for first rental?
I know how horrible it could be dealing with deadbeat tennants, crime, vandalism, evictions, collecting rent, etc.BUT, when $30K buys the whole house, it seems like there could still be opportunites to cashflow, and y...
Ryan Wilson
HELOC and then refi to avoid cash out rate
Wanted to know if there is away around the higher refi rates on a cash out. My thought is to get a HELOC, pull the cash, and then do a 1st refi, to pay off the HELOC. Would paying of the HELOC still be considered a ...
Evelyn Scott
Intervenors during foreclosure-avoid like the plague or not?
Looking at a house in my local Sheriff sale foreclosure auction.There are 3 other adults listed on the mortgage as intervenors, looks like 2 sons and a daughter or daughter in law.I believe they are each declaring ban...
Kevin Lefeuvre
How to avoid 4 star reviews on airbnb/vrbo ?
Question for experienced STR hosts: If you are a super-host on airbnb and a Premier Partner on VRBO, you certainly hate 4 star reviews like me. When there is an issue, you proactively communicate with the guest to avo...
Chris Seveney
What states do you avoid as a note investor
I am curious to hear what states other investors avoid and the reason behind it. These are the top 5 I stay away from:1. New York - lengthy and costly foreclosure2 New Jersey - lengthy and costly foreclosure3. Georgia...
Andrew Caldieraro
Do you typically avoid older (1960-1970) multifamily units?
I was curious if most of you avoid older multi family complexes? How much more work is generally needed to get them up to code? Do you see any issues with insurance companies not wanting to insure it unless all wiri...
Joe Prew
How can we avoid paying double the closing costs
If I understand the BRRR method correctly, the first purchase will require a closing cost and then when we refinance the deal, we pay the closing cost again, is that correct? Or is it, that if we pay cash for the hou...
Nicholas Berndsen
Avoiding rental depreciation recapture from year with net loss
I own a house which I have rented for 2 years. My tenants moved out in November 2015. I will sell the house in April 2016. The property is still considered a primary residence by the 2-out-of-5-years rule, so I will o...
Ashton Karp
Home equity loans to avoid capital gains upon sale
I am not in a position to act on this question but am genuinely curious about its possibility. When it comes to capital gains tax, this is paid when selling an asset for a profit after any adjustments that can and are...
Michael Peters
How to Structure a Partnership to Avoid Deadlocked Decisions
I'm currently in the process of writing out my a Partner Agreement for buy and holds and would love to learn from everyone's mistakes and best practices. For context my partner lives out of State and would be bringin...