Christine Marquardt
How to find finacing
I need help and do not know where to turn. I have a rental duplex which was to be the first of my portfolio. Paid 35k cash and rehabbed it to the studs all with cash. Have renters both section eight and long term. Ren...
Jesse Granados
Tax question for flipping a house
Hey everybody had a quick question regarding taxes on a flip. I realize that it’s best to talk to a cpa, but I figured I’d still ask on here anyway! If I spend 70k to remodel a flip (materials, labor, etc.), and the p...
Matthew Raines
Closing on STR on 12-20-23. Plan on putting into service in 2023. Write-off available
I am closing on my second STR on 12-20-23. I plan on purchasing a decent amount of furniture/supplies in 2023 to try and get it listed on Airbnb before 12-31-2023. If I am able to put it in service (i.e. have it liste...
Caleb Rehg
Do I Need to Get Theft/Vandalism Insurance for My Rental
I am in the insurance process and was wondering if I should get theft/vandalism insurance for my long-term rental.
Lindsey Kocher
tax docs for SD IRA
I moved parts of an Trad IRA and Roth IRA correlating SD-IRAs that formed LLCs and purchased a home in full, later renovated using the same funds. The accounts and transactions are complient with IRA rules. Questio...
Tom Coakley
Rental property water bill
I am in the process of refinancing my rental property and just received the lender disclosure document. It shows a large open water and sewer balance. I called the town municipal office and found that my tenant has n...
Nikki H.
Rental Condo in Jackson/Victor/Driggs
Hi Everyone!I just wanted to stop in and say Hi! I've been reading the forums non-stop trying to gather all the knowledge I can before we jump into the STR market in either Jackson Hole or across the line in Idaho. ...
David H.
Indemnity in a Buyer’s agreement
Hello,
I have a question about an indemnification clause in a buyer’s agreement. A friend of mine recently got under contract and his agent wants him to sign a buyer’s agreement. He is ok with the exclusivity portion...
Kevin Gorum
Installing an Alarm System in a Rental Property
Hello everyone. I was wondering if installing an alarm system in the property would bring Added value or if it is just a waste of money? The alarm system would cost about $50 per month, I can rent the home out for $12...
Renato A. isla
Both Disabled, Need Strategic Ideas
in 2013, we sold our house in Toronto since my wife and I were both on disability benefits and we couldn't afford it anymore. We paid off all our debts, put 100K on 5-year GIC, and got C$80K LOC. We bought a rental du...