Bryenne Korte
I rent out my primary residence -- what should I do now??
Hi All -- I lived in my single family home (which I have an FHA loan) for two years before I started renting it out to tenants. I've now owned the home for three years, and have had almost a year of rental income. I l...
Gary F.
"Worth" It? (CA Duplex)
Hi, folks.I'm in CA Bay Area, where rents and prices are very high. I'm considering selling my private residence which a RE agent said should fetch about $800k. Decent area duplexes (3/1 + 2/1) are about $1.0 mil. A...
Dale Lotts
How do you automate your rental business?
I love automating my rental business. Here is a short list of what I have automated so far:1) Showing pre-screening: After getting some ideas from other Bigger Pockets users, I automated gathering information from pot...
David Ingram
Hard time getting my property rented
Hi, Bought my single family home back in May, spent 3.5 months rehabbing it(back and forth from Columbus to Dayton on weekends only). The house has been on the market for going on a month and a half. It is getting foo...
Michinori Kaneko
Do I need a Business Checking Account?
Hi,I went into contract on my first rental property a week ago, and getting ready to close the property in few weeks (under my own name, with no LLCs). I am wondering if opening a business checking account is recomme...
Sandy Uhlmann
Lending Using Multiple IRA Accounts
When combining funds with another IRA for an investment such as being a lender/co-lender for the purchase of property, do funds have to be distributed back to the IRA based on the percentage of money invested or can i...
Laurie Fiegl
Delayed Financing Cash Out
I have been getting conflicting information on delayed financing cash out refi. Purchasing home for $380,000 and hoping to refinance and pull out $50,000 - $70,000 to complete renovations. $300,000 of initial purcha...
Donna Lockwood
Self Directed 401K Questions
Hi, I have a few questions related to using funds from my self directed 401k.I purchased a flip through a hard money lender and my note has come due. I'm going to lose regardless on this flip because of the interest a...
Jennifer Hashisaki
Reducing or Eliminating U.S. Taxes for Foreign Property Owners
Now is perhaps a better time than ever to invest in U.S. real estate for both income and long-term appreciation. However, as can be expected, the U.S. seeks to tax the appreciation on these properties when they are so...
Sai Korukonda
Adding additional tenant
Hi,
Just last month I have rented out my first property to a tenant. The lease was signed by one person and he moved in alone.
Now he is requesting to allow him to have a roommate (his friend), so that they can spli...