Jon Klaus
Best Rewards Credit Card?
Rehabbers and builders can rack up a lot of credit card spending on building materials. What's your favorite rewards card for big spenders? Why?
Mitchell J.
Newbie investor in Chicago
Hi all,I'm a newbie investor in the Chicago area and just stumbled onto this forum. So much great content here. Since I have a pretty intense day job that requires quite a bit of travel -- I'm interested in a lower ...
VAL A.
Property manager keeping my rent
I'm managing my daughter's condo in another state for her. I hired someone thru a referral to oversee two properties at $200 per month. Issue with the condo, tenant late for past 4 months and resulted in court pape...
Kevin Luttrell
Forced to take $25k passive activity loss deduction?
Hi All! Hoping someone can help me with this question. For the last couple years I have had losses on my tax returns from passive rental real estate activity. I am not considered a "real estate professional" by the IR...
Marian Smith
Who to use as a QI in a 1031 delayed exchange
i don't see anywhere in the IRS code that states that the QI needs to be anyone in particular. It just can NOT be a relative, or your accountant, realtor, etc.I was just quoted a $1200 price for a 1031 exchange prof...
Jason Sperling
Cash out 401k/IRA or mutual funds/stocks to make first purchase
New REI. Trying to decide whether I should cash out my 401k and IRA or my mutual funds and stocks to get the down for my first rental property. I have about the same $$ in each, and both seem to be performing about th...
Joel B.
Tenant Leaves Middle of Night
I had a tenant here in Colorado. I knew he fell on hard times and filed bankrupcy but did not include rent in that filing. He said he wanted to stay until lease was up (August) but I felt he was not being straight w...
Curtis Maag
Tenant vacated instead of getting eviction
OH. Tenant didn't pay. After filing eviction (as LLC), they agreed to move out the day before hearing, signing agreement and turned over apt and keys. Lawyer dismissed the case the next morning at hearing, so not for...
Account Closed
50k difference realtor suggested price
I have a house that I’m needing to sell yesterday. Big nice plus a nice setting. One realtor which is a property manager went by the property and said the list price should be $295-299k. Another realtor and friend tha...
Kevin Mosier
Collecting Rent Online
Hello All!I'm about to close on my first deal. I found an owner-financed 8 unit, and we're writing up the contract this week. As the property is about to change hands, I've started thinking about how I'm going to coll...