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I plan on using a portion of my 401k (50,000) as a down payment on my first property. I can't take a loan or hardship because this is from a previous employer. And my current job doesn't accept rollovers. I know I wil...
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Peace. Currently working on a flip and the home needs a new roof. I am thinking about having a contractor lay new shingles over the existing roof. Is that a no no? Or is that pretty common? How will it impact me when ...
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After seeing several posts regarding pet rent, I decided it is a perfect way to increase cash flow. I used to charge $300 PET FEE for new tenants. After the first year, I didn't collect another time upon renewal. I us...
Hello,I'm a new investor and am currently in the Indianapolis area. I would like to use the BRRRR method. However, I currently am self-employed since June 2021 and before that made decent money. I am finding it hard t...
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Hey I'm hoping to get some feedback from those with more experience landlording than me.I purchased a 2 family house hack situation 5 years ago. I live in one unit and we inherited the tenant in unit 2. Upon purchas...
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One of my tenants just brought it to my attention that she in the process of adopting a dog( German Shepard). Right now the dog is a puppy no more than 10lbs but will grow up to 40Lbs. How much are pet security deposi...
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Hi everyone, thanks in advance for your time and advice!I will try to keep this first post short(er) and simple but may leave out important details as a result. Happy to expound more if necessary. We are somewhat igno...
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I hope it's not against the rules to ask questions about a specific property but I'm looking at the following apartment building. It's currently located less than a city block from a major state university. Looks to...
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So I have a fix and flip that I bought roughly 8 months ago. I now have it under contract. I've been talking with my accountant to try to figure out tax implications or deferring taxes through a 1031. Needless to...