Jamie Parker
First Wholesale deal
6 January 2025 | 0 replies
The seller wanted to purchase another home with the proceeds from the sale of this one.
Jae Yoo
Help finding a lawyer to proceed against a bad property management company
17 December 2024 | 4 replies
I would imagine the best actions would be to immediately fire the management company, pass the keys onto a new one, sue the old one in small claims court for the listed damages.
Don Konipol
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
20 January 2025 | 1 reply
Avoiding the ravages and savages of the divorce court system.
Jaron Jackson
How to get rent payment from previous owner?
10 January 2025 | 8 replies
Not worth time & effort to go to court, your first meeting with an attorney will cost you as much as the rent.
Arthur Savery
Planning to sell a long term rental condo, use 1031 and buy 2 condos
11 January 2025 | 12 replies
And you must use all of your net proceeds in the purchases.The opportunity for you is that you can allocate the cash from your sale anyway you want.
Fredrick C. Oesterle
accepting multiple applications
9 January 2025 | 4 replies
., income, credit score, rental history) to evaluate applications in the order they are received.Notify Applicants: Let each applicant know you will process applications sequentially and explain your timeline for review.Act Promptly: If the first applicant meets your criteria, move forward with their application and provide them with a clear deadline to sign the lease and pay the deposit.Move to the Next: Only if the first applicant does not meet the criteria or declines the lease should you proceed to the next application.By focusing on one application at a time, you simplify the process, maintain transparency, and mitigate any potential fair housing concerns.Lastly, since housing laws can vary by location, double-check Arizona’s landlord-tenant regulations to ensure compliance with any local rules about how applications are handled.Best of luck with your rental process!
Michael Challenger
First Time (Potential Buyer) Seeking Advice on House Flipping in Charlotte, NC
7 January 2025 | 5 replies
We have had brief discussion regarding general Q&A information, and proceeded to provide an ARV price range that would be very attractive to me.
Kyle Carter
Can I use the 1031 exchange to buy my primary residence?
15 January 2025 | 5 replies
The proceeds from the relinquished properties need to be used for investment purposes for a period of time; however, you can temporarily use it for investment purposes for 2 full years, after which you can convert it to personal use.
Pixel Rogue
Buy, Rehab, Rent, Refinance, Repeat - got them all with questions on refinance/repeat
4 January 2025 | 7 replies
@Pixel Rogue The cash out proceeds should be for business purposes such as investing in another RE project.
John Underwood
No tax on Tips for Rental Income
31 December 2024 | 12 replies
You'll end up in court with a lease agreement that says rent is $1, and the recommended tip is $1,999.