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28 October 2024 | 7 replies
This includes everything from tenant screening, rent collection, and maintenance to managing budgets, ensuring legal compliance, and addressing tenant complaints.
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30 October 2024 | 6 replies
You can sue but you u are gonna spend just as much on legal going after the wholesaler or owner and most likely they have no money anyways so you are chasing a ghost.Unfortunately this happens and this is why you should also follow your checklist and not take shortcuts when buying a property
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1 November 2024 | 22 replies
I’d encourage anyone who has a CPA that does not understand how different types of STRs interplay with IRC469 and IRC 1402 to start with the IRS legal memo.
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30 October 2024 | 12 replies
In Minnesota, we cannot legally discriminate against a tenant who has a felony on their record.
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7 November 2024 | 45 replies
So far I have inherited 3 tenants who were there when I bought that were not on the program who paid maybe one months rent and then nothing for the three - four months it took for me to kick them out plus legal fees (Ny if its in an LLC you have to be represented by a lawyer).
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31 October 2024 | 29 replies
There’s less legal things you have to worry about in this situation.
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30 October 2024 | 236 replies
There is a happy medium and I'd rather see a legal framework.
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28 October 2024 | 5 replies
The last house I bought, was brought to me off-market by my agent, and it's seeming that off-market is the only way to get good properties without the MLS prices.I've recently got a nice business card printed up, and would like to start a direct mailer campaign, using BatchLeads to find multifamily properties in the local towns that I wish to invest in.I have a pretty strict criteria about what I'm looking to purchase at this time:-Legal 2-or-more unit large Multifamily (not required to be owner occupied)-Each unit should be at least 3 bedrooms (so if it's a duplex, it needs to be 6+ bedrooms)-Sewer (not septic)-Gas (not oil)A lot of this information is not readily available online, so once I start my mailers, I'm sure I'm going to find people who eventually respond, but that don't have criteria which match what I'm looking for.I feel like it would be a waste if I paid a bunch of money for direct mailers, and then someone reaches out to me to sell, but their house doesn't match the criteria of what I'm looking for -- I don't know anything about wholesaling.What can I do to monetize these leads, or is the answer is that I need to learn So we believe no lead is a bad lead.
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28 October 2024 | 0 replies
As for a Home Owner Association (HOA), whether it needs to comply depends on its legal structure and tax status.
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29 October 2024 | 6 replies
If they are legal dependent of qualifying applicant (ex., college student, dependent parent) then they still need to pass criminal background check.