Amanda C.
Oil Stains in Driveway - normal wear and tear or deposit?
12 September 2024 | 7 replies
Agreeing with Chris here, assuming the language is clearly stated in your lease agreement, this certainly would not be considered normal wear and tear.
Nolan Connor
Seller disclosure fraud
11 September 2024 | 17 replies
They could’ve signed anything but held zero liability if they claimed a language barrier?
C Gamero
Grandfathering a str in a neighborhood that no longer allows it
11 September 2024 | 4 replies
It might depend on the language of the rules they pass (and whether they catch that you sold it).
Andrew Meringoff
Installment sale interest vs. cap gain
11 September 2024 | 3 replies
I couldn't figure out the language or how to incorporate the interest into the payment so this was huge help to me.
Marc Brandon
Unbelievable Florida security deposit claim lawsuit!!!
18 September 2024 | 47 replies
Assuming my lease had the right notice language on method and address, I'd be directing my attorney to challenge anything the tenant does in court because the court must enforce the lease as written and it can't be modified without a written modification (I have lease clauses for this and that the lease is an integrated contract so they also can't testify on facts outside the contract terms or that something else was verbally agreed to, etc.).
Bobby Valcin
Cobb County GA basement rental
12 September 2024 | 28 replies
Maybe not an issue if you aren't sensitive to smells, but I am, and I hate smelling when they heat up their chinese takeout, and I'm sure they hate smelling when I cook fish!
Jorge Abreu
The Importance of Personal Branding and Social Media 💪
10 September 2024 | 0 replies
Tailor your content to speak their language, grab their attention, and keep them coming back for more.Additionally, networking plays a significant role in building relationships with potential investors.
Liam D.
Buyer going behind my back! HELP
9 September 2024 | 18 replies
If the later is the case, unless your contract with that buyer had specific performance language in it, there is nothing you can do.As to the advice above about potentially clouding title, you are now entering the legal realm and you should NOT be taking legal advice from anyone other than your attorney as clouding title in THIS case can swing back at you from the original sellers for not performing and claiming damages against you.If you intend to wholesale, you need to do it legally and ethically and in many states, that requires either a license, closing on it with your funds or borrowed funds, then marketing for resale once you have title, or having your buyer upfront, forming a legal entity with both you and buyer as owners.
Jeremi Ramos
Does Multiple LLC Client = Multiple Management Contracts?
10 September 2024 | 6 replies
@Jeremi Ramos do an addendum to your PMA that has all the Portfolios and Buildings on it.Be sure to include language though, that allows you to auto-transfer funds between the Portfolios/LLCs to cover your management expenses.Otherwise an owner could screw you on fees by letting portfolios go negative on their balances.
Jane Dang
New fence replacement on rental property is deductible or depreciation
11 September 2024 | 18 replies
However, if you dive into the language of the regulations, including examples, you will see that replacing a fence falls squarely under B (Restoration).Bottom line: it is a capital improvement in 99% of the cases.