Arn Cenedella
Rich Dad says a home is a liability………
Many investors quote Rich Dad to support their contention that a HOME is not an investment.Often this is done as an argument to invest capital in their commerical real estate deal instead of buying a home. Let me also...
Jordan Moorhead
$130,000 Profit from first House Hack
Case Study for Houshacking in Minneapolis, Minnesota:Bought a duplex for 3.5% down on an FHA mortgage: $6370Rehab said duplex: roughly $10,000. This consisted of carpet, laminate floors and paint in the lower unit, co...
Mike Holmes
How can I go wrong? ( retiring early )
Experienced investors, please explain if I'm being unrealistic.I'm middle aged, and my home is mortgage free. I also have 3 rental houses in Las Vegas, which I purchased at the ideal time a few years ago. Those are ...
Justin Escajeda
Buying a Rental / Vacation Home
Hello everyone, for the last year and a half I have been deeply considering and researching purchasing a vacation home. When I say that I mean, I want to buy a property and be able to visit there once in awhile, b...
Mason Kelley
Breaking lease due to military orders.
I have a tenant whom broke her lease and wants her deposit back. She is claiming her husband whom did not live with her, and was not on the lease, received orders to go over seas. She has decided to accompanying h...
Aaron Paterson
Best Locations for Buy-and-Hold Rental Properties
I own two townhouse rentals (Colorado and Wyoming) and am thinking about my next property. I have a number of questions:What are considered some of the best locations long-term for such properties? Criteria would in...
Ryan Cauzza
New Investor with capital
My family has owed a modest size cattle ranch for close to 100 years in the mountains above San Diego. We are selling a piece of it but because of the capital gains tax we would be subjected to we want to do a 1031 a...
Account Closed
New credit report rules require 30 months of payment history
Just saw this story here: http://bit.ly/2d6Px2RThe gist of it is that beginning tomorrow Saturday 9/24/16 lenders will now consider a mortgage applicant's payment history over 30 months to determine their credit worth...
Taylor Green
Lending money in second position?
Hi,
I was wondering what everybody's opinion is of making loans in second position. Under what circumstances is it alright to consider a loan in second position? Thanks in advance!
Bob Woelfel
Evicting a tenant who hasn't violated the lease
Thanks in advance for any advice. There isn't enough room to go through all of the issues here, but I'm looking for advice on how to get rid of a tenant who has not violated her lease. She has lived in one of our un...