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12 December 2024 | 19 replies
Thank you Rene, As far as the eviction cost, with lost rent and legal fees I'd say it was close to 18k.
12 December 2024 | 2 replies
Document all of what you do if you are going to get it done for them, and/or if you cut them a check then make sure it is in writing that it was all done and they cannot come back to you at a later date asking for more money/mitigation.
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12 December 2024 | 6 replies
What I am wondering is there a way to structure the ownership of my LLP's to stop having to legally pay taxes in Canada and only in florida .
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5 December 2024 | 1 reply
Understand the basics of private lendingResearch real estate marketsDetermine your investment strategy and criteria for loans, including:- Amounts- Interest rates- Repayment termsCreate legal documents with a lawyerNetwork with real estate professionalsPerform due diligence on potential borrowers and their projectsBegin with smaller loans to gain experienceMonitor your investments closelyConsider joining a private lending group for additional resourcesStay informed about real estate trends, lending practices, and legal regulations
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11 December 2024 | 3 replies
Commercial zoning would be okay as long as the property is considered LEGAL but non conforming.
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14 December 2024 | 3 replies
@Mark Thiel This is not legal advice but I think most LLCs are overrated unless you are required to have them for lending like with many DSCR loans.
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12 December 2024 | 6 replies
Definitely not doing the work myself so it sounds like resale value won't be impacted if I have a licensed person fix the issue and provide evidence/documentation that it was done correctly.
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13 December 2024 | 3 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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24 December 2024 | 44 replies
If a landlord needs to enter a property for an inspection or repair, a two-day notice is required.Our Governor passed anti-squatting legislation a few months ago which allows owners to have the police remove them as opposed to before where it was considered a legal issue for attorney's to deal with.
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17 December 2024 | 20 replies
There are not enough Gen Z-ers to replace them, and that puts pressure on (legal citizens) wages, partially offset by immigration.