Mike S.
Water Saving Tactics
I own a multifamily property in which Landlord pays for water since it is not separately metered. I will start instituting a fixed price bill back to tenants but it would not cover 100% of the water bill (if I wanted ...
Gary Hazard
Putting houses under contract but the seller is already working with a realtor
I have a another quick question. I have two people that need to sell there house but they are working with a realtor. Is it possible for me to put them into a contract? What do I need to do? Thank you
Olena M.
Proposition 10 on November 2018 Ballot
"Supporters of a state ballot initiative to expand rent control options for cities across California announced Monday they had gathered enough signatures to qualify the measure for the November 2018 ballot.If passed, ...
Donald M.
Price Reduction after Under Agreement?
I made an offer on a foreclosed property recently. After several days, there was a reduction in the price by $8,000 on the MLS. The next day they accepted my offer which was over the asking price! What does this mean?...
Curtis Hallenbeck
401k Withdrawal Penalty free upto $100k
Just found out I could take up to $100k withdrawal from my 401k without the 10% early withdrawal fee. Anyone else taking advantage of this opportunity? I see it as a great way to get started on my first BRRRR.
Lee V
PRINCIPLE REDUCTION
Please share any successful principle reduction situation you experienced. Is this really possible? Bringing down loan balance to current market value?
Gabe K.
Loan Mod: what terms would you use here?
I own this paper and the borrower made a solid offer to start paying $6000 up front and $700/month. He has a 6-figure income and can afford it. Here are the other numbers:MV = $50k and decliningUPB + arrears = $211k...
Phil T.
Where do you keep your reserves?
I'm working on buying my first buy and hold and am trying to figure out the best way to work bank the accounts. I plan on creating a checking and a linked savings account specifically for RE. I was figuring I'd have...
Gabe H.
1031 / depreciation recapture question
I've tried searching the forums, but couldn't find an exact answer to this question. Depreciation reduces the cost basis of your property, and has it's own, 25% depreciation recapture tax rate when you sell. So if you...
Anirudh Reddy
How to keep homeless people away from vacant property while I try to sell it?
Hello,Hello! I am trying to sell a property that i own in dayton, Ohio. I was told that homeless/squatters got access into the building somehow and they were seen by an agent who was touring property for their buyer. ...