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6 February 2025 | 18 replies
Would it be legal to wholesale a family members home (est. 1M), and receive a fee for the wholesale services?
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27 January 2025 | 0 replies
Can anyone recommend a reliable plumber or handyman who could install it for me?
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17 February 2025 | 13 replies
It should buy time, and avoid legal fees being added to the balance as the foreclosure attorneys wont be involved for a while as they process you for different workouts.
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21 February 2025 | 2 replies
Charge phase 2 investors a funding fee, which gets distributed to phase 1 investors pro-rata to compensate them for their risk.
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20 February 2025 | 8 replies
I like to keep things as simple as possible, but I was excited to dig into this one because knowledge is power, and the better we understand these things, the more we can use them to our advantage in real estate.So here’s what’s happening—your CPA is basically saying you’re already showing a loss on your taxes because of all the expenses that came with closing, insurance, HOA fees, etc.
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19 February 2025 | 1 reply
.✅ Set aside funds for legal or professional fees if needed.4.
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21 February 2025 | 7 replies
you might also have-local registration fee or business license or similar-shared utilities that the owner is responsible for
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11 February 2025 | 6 replies
I work in WA, not IL.Sounds like similar facts - you need to be licensed if you are going to manage other folks' property.Here, you need to hang your license under a managing broker until you can get your managing brokers license, as brokers can't touch money and do a few other things legally.If it's like WA, you will have to hang your license under a managing broker at a brokerage, and coordinate deposits, contracts, fees with them.If that is the case, ask some brokerages that will allow you to hang your license under them for minimal fees in order to be compliant.
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10 February 2025 | 27 replies
Citizens Bank has an online only for 4.5% no fees.
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7 February 2025 | 6 replies
I believe it is completely reasonable to have a clause in your lease that places a cap on utilities with any overage (proven by a bill) being the responsibility of the resident.Our clause states that any electrical bill (we don't have gas, and water has never been a problem) that is over double the same month's bill from last year will have the overage assigned as a fee.It is important to keep your bookkeeping straight if you do assess a fee.