Leeling Chew
Best Course of Actions To Remove a Difficult Tenant
27 January 2025 | 6 replies
Despite only renting for two months, this tenant's aggressive behavior is creating a hostile living environment for other residents.Specific Issues:He complains about our lack of notice when entering the property during our own move, despite prior notification.He has moved items around the house without permission.His communication has been condescending and confrontational.He installed a surveillance camera in a common area, violating the lease agreement.He banged on the door because he couldn't use the smartlock code properly.Considered Actions:We plan to serve him with a notice to vacate.We are considering having a constable with us when we serve him the notice.Questions:Should we just give him warnings considering that his actions may not improve?
Ryan Kane
Need Advice on Next Steps for my Real Estate Portfolio
26 January 2025 | 5 replies
Then it's simple, build the home, find crews to do the work (you should already have them basically from the prior step), excavation, concrete, sealing, framing, roof/gutters/siding, windows, insulation drywall, plumbing, HVAC, electrical, finishes, etc. basically in that order.
Christopher Lynch
How To Start a Syndication ?
10 January 2025 | 9 replies
If you are raising capital from people you don’t have a prior relationship with, and even people who you do, they would regard you as serious only if you had a professional prepared PPM and Operating Agreement.
Samuel Hudson
Weehawken rent registration
15 January 2025 | 5 replies
That should have probably been disclosed to you prior to purchasing.
Jay Hinrichs
New laws in Oregon now define who can wholesale and what license is required
9 January 2025 | 46 replies
Quote from @Jay Hinrichs: Oregon finally passed legislation to reel in unlicensed wholesaling its in this months publication from the state RE agency.Highlights:Goes into effect July 1 2025Requires:On line application to become a licensed wholesaler ( RE agents exempt from this of course they already have licenses)Name of company and individuals who will be performing these services.Each one needs a full criminal background check and approval prior to receiving the license.300.00 annual fee for the license.Written Disclosures in Bold 10 point.These must be given to Buyer and Sellers prior to entering into a wholesale contract and signed for.Also RE brokers assisting wholesalers need to give these to potential buyers and sellers.
Alecia Loveless
Referral Fee Question
6 January 2025 | 3 replies
New tenant must go through complete vetting, sign the lease, pay security deposit and rent, and move in, prior to the referring tenant getting their $100.
Karl Kauper
1031 Exchange Deadlines
24 January 2025 | 10 replies
Lock up your new property with a lease prior to selling your old property.
Scott Johnson
Scammed by "Estate Legal"
30 January 2025 | 17 replies
As I stated above, please exercise caution and make sure fully executed documents are received prior to wiring funds.
Nicholas Dillon
Vetting a Syndicate
30 December 2024 | 7 replies
Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.
Duke Butterfield
Sell or Rent? (Self-Manage or PM?), 4 year-old Primary Residence to Rental Property
27 January 2025 | 14 replies
How have you made that decision for your prior primary residence to rental properties?