Richard Hanner
HOA pay for leak damage?
I have a tenant whose condo suffered a major roof leak, which caused internal dry wall and related damage. The HOA says it only has to fix the leak and is not responsible for the interior repairs. The condo is in a Ho...
Sam Huang
Financial freedom goals. Accumulation phase ongoing. Payoff next?
Family goals:
We are a family of 4 (2 kids), living in CA. Our goal as a family is to move outside the US in the next 3-4 years and live half way around the world for the foreseeable future (5+ years).
Financial g...
Amanda Parks
Purchasing STR in Oklahoma with Future Bookings - How to transfer (Cancel/Co-host)
Hi. We are looking to purchase a STR in Oklahoma that has future Airbnb and VRBO bookings through the end of the year. I've been researching and it seems like we have two options. 1) Have the seller agree to let us co...
Irene Uribe
FOUR UNITS BRAND NEW FOR SALE UNDER 540k Making 63k a year.
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $540,000
Cash invested: $108,000
Investing in South Texas offers additional benefits The price per square foo...
Konrad R.
Is 10k for water damage sufficient?
The policy I was quoted has a 10,000 limit for backup or discharge of water. I'm concerned about a pipe bursting and ruining the floors, drywall, and kitchen cabinets. Do you think 10K is sufficient? What is the norma...
Roy Mitle
Combing llc to save taxes.
I have a business that is run as llc. I have a rental that has negative income. If I put my rental into my business llc can I lower my taxes by offsetting my business income with my rental loss. Also I heard that with...
Bill Gulley
BP SNAFU
Well, lost my avatar, now what makes that happen? It was a picture I had from an old computer that I no longer have, lost it, it was almost like a trademark here. Then I loaded a public picture and poooffff, next day ...
Brian Olson
First Lease Option Deal - Critique Requested
Current Value $172,000Repairs $34,000Seller Owe’s $105,000Market Rent $90070% rule offer $86,400There’s not enough equity in this deal for the seller to accept a cash offer for a rehab. We’re thinki...
Dan Tran
Best crime map to use as of 2023?
Happy New Years, everyone!
I'm a buyer looking to potentially purchase cheaper rental properties in rougher neighborhoods.
What are some good crime maps to use to make sure I'm not buying a property within a warzon...
Wes Mccullar
Should I pay off my HELOCS right now?
Hello all! My wife and I begun our RE investing journey about a year ago leveraging 2 HELOCS on our primary resilience to purchase STR’s. We are cash flowing pretty nicely now and we’re wondering if right now is now a...