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...
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 ...
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...
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...
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...
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...
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...
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...