Kar Sun
Tenant insurance underwritten with landlords name
4 January 2025 | 5 replies
You should require the tenant to carry $100,000 liability.
Angus Brooks
Tax Implications for Refinancing a Property in an LLC and Distributing Funds
16 January 2025 | 12 replies
If one partner unconditionally guarantees the debt, this can sometimes require some side room guarantees to that partner to ensure no one recognizes a capital gain.As a few others have alluded to, there is a secondary problem known as a "debt financed distribution interest expense."
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
Florida's treatment of security deposits varies from many states in that it is required that a security deposit be kept in its own account in a Florida bank.
Amanda Bradley
1 yr lease ending 2/2/2025
7 January 2025 | 5 replies
This way they can't claim ignorance.I would also require a move out inspection and make it the day after they are supposed to be moved out.
Marisela Arechiga
To ADU or to Purchase Another?
14 January 2025 | 8 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.
Najeh Davenport
Need Advice on Appraisal Issues and Refinancing Options
15 January 2025 | 12 replies
I’m trying to keep things moving, but this $20K requirement is throwing a wrench in my plans.
Brooke Carlton
2.25% Interest Rate - Assumable Mortgage, down payment gap over $200k
18 January 2025 | 12 replies
One of my wholesale lenders used to be willing to finance these, I can't remember the CLTV requirement of the top.
Steve R.
Evicting tenant who's made partial payments. Do I need to give them 30 day notice?
18 January 2025 | 3 replies
New Jersey’s Anti-Eviction Act does not require any written notice for non-payment of rent.
David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
That 2nd requirement is what makes it close to basically impossible with a W2 job.
Cameron K.
Philadelphia 2024 - Top Hard Money Lenders
17 January 2025 | 6 replies
Lending capacity should only matter to those with large borrowing needs and require large legal lending limits but that wouldn't apply to hard money lenders anyway.