LORETTA E.
LLC for 55+ condo
My mother is turning 65 this year and is no longer able to work because of health reasons. Her montly condo association fees are starting to take a real bite out of her measly SS check.
We live in the capita...
Sheri Fluellen
Apps for flipping walk throughs
What do flippers use to track the repairs needed based on walk throughs? We could bring a standardized form printed on paper, but using an app on our phone would be more efficient. Anyone have ideas?
Account Closed
Investing Off Disability
Looking for a potential partnership to get the ball rolling on my path towards getting off disability with rentals. Disability said that if I am recieving passive income via rentals, it won't affect my supplimental in...
Ben W.
Second lien on multifamily
I am looking at purchasing a property and assuming a non-recourse Fannie Mae mortgage in place. Is there any way to get a second mortgage on the property?
Cali Skier
Switching tenant to M2M and raising rent $50 - Is this how to?
Hey so I am going to switch some tenants to month to month and I think all I need to do is use our states Lease supplement form and say something like this:The lease of the property on XXXXXX St. City State, is now mo...
Mike Walen
Investing with In-laws
My wife discussed our plan to purchase our first single family rental property with her mother. My mother-in-law liked the idea and wants to join us 50/50. She is very trustworthy and would let me handle all of the ...
Tracey Wittke
Help! Need new well drilled in occupied rental, will take weeks!
Hi all... I just found out today that one of my occupied seasonal rentals needs a new well drilled. The rental is currently w/o water. I live in MI and currently we have frost laws in place, because of this a well can...
Michael Plaks
Now, about those "proactive tax strategies"
This post was prompted by a discussion with an investor who approached my firm for tax strategizing. The investor was particularly concerned about receiving proactive tax advice. As opposed to, you know, retroactive t...
Brilliant Clayton
Cap Ex=Homeowners Insurance??
Newbie Question
Wouldn't obtaining insurance (comprehensive home owners insurance) on a rental property take the place of cap ex?
Looking forward to the responses
Austin Keelen
Property Tax on New Construction
Hey Everyone,So I've been searching the forums and google for a solid answer but I can't seem to find one. My wife and I will be buying land with an existing home on it to knock down and build a new one. I'm wondering...