Chirag Mehta
Minor roaches and flies
This may be a loaded question, but I need to get some guidance. I have a tenant that has notified us of flies and roaches in the house. We sent out an exterminator and sealed areas that are open. She now is sending pi...
Ladd Krestan
Best way to do 401k loan for capital
Hi All, my fiancé and i are looking for advice on how to take the money out of her 401k for capital without getting hammered on taxes and penalties? Or only having access to 50% of balance. IRA? No longer with the emp...
Jessi Casey
REFINANCING A RENTAL PROPERTY?
My husband and I recently bought a house for a flip. We quickly decided that we would like to have this house as our first rental property instead. We bought the house with cash, but are debating if we should refina...
Gregory DeRosso
Experience with a FHA 203(k) Loan
So I'm scourning to find my first deal. I found a duplex which after I run the numbers it seems ideal for a house hack for the first year or so. I plan to live in one unit as I rehab the other and then proceed to reha...
Jake Roland
Buying mobile homes for rentals
Does anyone invest in mobile homes to use as rentals? (Not an entire MHP) What's your experience with the ROI vs depreciation vs repair costs, etc?
Tom Kaser
Converting SFR to Per Room Rent Model
Anyone renting per room with success? Do they stay long? I have a 3 bed, 2 bath house in Denver Metro area I rent to a couple (no kids) for $2,000 per month. I could propose to them I rent the downstairs room for $...
Account Closed
Brand new to owning rentals - Need help!
Hi,I have my first rental unit up on Zillow and have already been getting bombarded with interest. What is the best way to affordably screen applicants? Any advice on things that are helpful to include in the applicat...
Jaysen Medhurst
Sub-metering Water in Connecticut
Hi everyone, I'm looking at a 3-unit in New London. During due diligence I've discovered that the water/sewer costs average $180/month for the building. This sounds high to me. The town confirmed that there are usage ...
Dan Stewart
When to start paying others instead of DIY?
Hey Guys,So I have two businesses that are starting to take off. Our vacation rental business and my fishing charter business. My dad has always taught me to just get things done and if you can fix it yourself, why pa...
Eddie Gonnella
Padding the sales price to get seller to pay for repairs?
Hey everyone, I found this concept and want to know if it is a legit option: Has anyone done this before? Is this legal/possible? Will the bank allow this/do they even have to know?Not concerned as much with whether t...