Jo Jennings
Tax implications for deciding not to rent out property
We are in the process of buying our first investment property. We aren't going to do this as a regular thing. Our situation is that we wanted to purchase a home in the area we want to move to in a couple of years and ...
Kyle Curtin
Is there anything to be aware of with hard money lenders?
Hi everyone, I get business cards from hard money lenders at meetups all the time, is there anything I should be aware of with these people or anything “sketchy” that they can do if you work with the wrong ones? T...
Nick Loref
Is it worth making Eco-friendly flips?
With the world moving towards becoming more energy conscious and renovating homes for the future of our cities, does it make sense financially and logistically (time scales) to build more innovative homes with a focus...
Michael Magro
No Credit History
I'm 18 and have no credit history. I've only worked 2 part-time jobs so far and am starting a new one in July. I have sufficient funds for down payments but I won't be able to get any mortgages and I don't know how...
James Mudd
Unprofessional Real Estate Agents
It amazes me the lack of professionalism of some listing agents. Maybe they don't care because they field a lot of questions about investment properties, but it's bad. No return phone calls...and "if" they call y...
Brian Pulaski
House #4 in CT Success... or Not
Just closed on this house yesterday, so I figured it was time to share. Although I titled it a "success", I can honestly say it was not. The length of time owning the home, along with the hours invested, which caused ...
Gustavus Adolphus
Etiquette in dealing with contractors
I made a contractor very upset by not accepting his bid and am trying to figure out if I broke some important etiquette rules of dealing with contractors.The story is this: I got two estimates from painting contractor...
Michael Dunn
Removing the PMI on FHA loan once you have.........
I was wondering please, Can you have the PMI removed from your FHA loan , SO LONG AS you have " Less Than " 80% LTV on your Primary Residence ( so a LTV of 79%, 78%, 77% , etc. ) ?And do you have to have owned you...
Tj M.
Would you ever not do a 1031 exchange?
So I sold a house for $250k and my tax guys says I will owe $20k in taxes. I am trying to do a 1031 exchange but would you buy a property that's not really a good deal to avoid the taxes. I have 2 duplexes lined up th...
Raymond Richey
HOA is amending bylaws to prohibit rentals, how do I fight it
I have a property in a small neighborhood with an HOA. They announced the annual meeting with banning rentals on the agenda. I have owned this home since 2008, and lived in it from then to 2010. This is an "amature...