Hey everyone,I have a single family rental with approximately 150k equity in it. It only cash flows $65 a month after expenses; however, the rent is $500 under market. My question is should I sell the house, 1031 the...
I just got a call from a distressed owner who has a 2/1 in Loudon Tennessee that he's wanting to unload for 50k. He claims he had a realtor tell him it could sell for 110k. He also claims that he added 2 rooms to it b...
Hi all,My business partner and I are looking at purchasing our first property. It is a single family home near a university. We have a couple questions around a down payments. Are there any ways to purchase a home wit...
Question.To purchase notes or trust deeds. Can I combine funds from my solo 401k ( tax deferred funds) and regular account.Example note purchase of 150k use 100k from solo 401k and 50k from regular account for total o...
Hi All,I have been in the rental industry for quite awhile, I manage a large multi-million dollar luxury asset. I want to own one eventually. I've done everything imaginable in multi family rentals and want to stop wo...
Hi, Is there any reason to copy/check a prospective tenant's ID beyond verifying that they are who they say they are? I have matched both tenants to their Facebook page (not new pages) and their photos on their work w...
Hi, my name is Katie. I am super new at this...I went to a Fortune Builders 3 Day thing this past weekend...lol! I had read about it...kinda knew what I was getting into and I went there with my eyes open...and it w...
Hi, We're in San Diego, CA. needing help with filing our taxes. Our family Tax Account is recovering from major surgery. Long story short, we've made many attempts to contact our Tax Account with little success. Our d...
Holy crap!!! I'm going through with my first deal. It's a 2/1 duplex with a carport. Got my first insurance quote! Wowzer!!! $1700.00+ per year!!! AND, they are super concerned about how much experience I have wit...
I understand in NJ, landlord is not collect to charge pet security deposit. Moreover tenant security deposit cannot be more than 1.5 times the rent.1. How do fellow landlords handle this situation? Charge $35/month pe...