Mike S.
Previous Water Damage
I am interested in house as my primary home. The house looks perfect, but it has been in the market since last year summer. The house been three times in escrow but every time fell out. The seller explained why each ...
Wesley W.
First potential purchase under contract, and then...
Hello, all!
Well, we are under contract for our first of hopefully many multi-family investment properties to create a buy-and-hold portfolio.
Here's the issue. The seller grossly underreported the tax...
Eleena de Lisser
Should I give up the company match?
My employer offers a generous retirement plan: 4% company contribution (regardless of whether or not employee contributes) PLUS a 5% company match. In other words, a total of 9% from the employer if the employee c...
Eugene Vollucci
Comprehensive Property Analysis Strategies
THE INTERNAL RATE OF RETURN (IRR) TO AIM FOR
The IRR should reflect the degree of risk you’re willing to take. The riskier an investment, the higher the IRR. If you’re purchasing a building that has decreased in valu...
Kevin Andrews
Adding guest to lease??
Hi all,Had a tenant request to temporarily move in her sister and what the process was for doing that. The apartment is in Rhode Island and 3 bedroom apartment. I have two adult parents living there plus 4 children, ...
Grace Donahue
Medical Insurance in Passive Income
Hi guys,I'm just wondering how one would go about with medical insurance, if you have quit your job to go into '"passive income" jobs full time?Would you have to get new insurance? To rephrase, if you've left your 9-5...
Mark Ko
Portland, Oregon - Can I evict my tenant for smoke alarm issues?
PDX has some of the craziest tenant protection laws and I (single home landlord) need my tenants out. The way it works here is I have to renew their lease and only they can walk off it. I kept my rent low because they...
James Carlson
Colorado committee pulls Airbnb tax law
Not sure if someone else out there has already posted this. If so, forgive the duplication.For those Airbnb hosts in Denver and Colorado Springs (and anywhere in our great state), you might have heard about a bill bei...
Tony Cimino
Flooding in Omaha and Surrounding Areas
With the recent mass melt off, ground saturation, and flooding, I am sure a lot of you guys are getting calls from your tenants about flooding basements. I got a call last night.What are your typical steps you follow...
Neal Collins
Hard money financing, wholesalers, and a duplex w/ tenants
I wanted to throw this out to the community for a pressing question I have. I'm looking at a potential deal on a duplex that just was put under contract with a wholesaler. I'm looking towards hard money right now as o...