James Syed
5 Day Notice Illinois
5 January 2025 | 18 replies
In Cook County, Illinois, single action is for possession.
Esther Iroko
Tenants not paying rent
25 January 2025 | 18 replies
This approach could be the fastest and most cost-effective way to regain possession of the property and prepare it for new tenants.4o
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
19 January 2025 | 119 replies
Look for CPAs who stay abreast of evolving tax codes related to real estate and possess a comprehensive understanding of deductions, credits, and depreciation strategies unique to the industry.
Jonathan Greene
If You Are Asking These Questions About Your STR, You Are Already Failing
4 January 2025 | 26 replies
The rental had ratty furniture, a record player prominently featured in the marketing but it had no speakers, missing basics items in the kitchen, lots of drunks in the concrete hallways that reverberated right into the bedroom at 2am, a strong odor of urine outside, and more.We have super hosts in this forum that have hundreds of 5-star reviews and are masters of the craft, but I look at their rentals and see they don't have any artwork on the walls, decor is basic, they do nothing to make the guest feel welcome, etc.
Philip Ganz
How does a Deferred Sales Trust work?
2 January 2025 | 12 replies
The process starts when a property owner sells their property (Commercial Real Estate, Stock, Primary Home, business, artwork or collectibles) to a trust owned by a third-party company.
Mark S.
preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
@Edward @Edward Augsberger The court order grants possession to the receiver.
Anthony Sigala
Is the 1% rule dead in Arizona?
20 January 2025 | 31 replies
I do not possess any special list.
Matthew Drouin
Good Cause Eviction Law Passed - 3 Things You Need To Know
30 December 2024 | 15 replies
Meaning you cannot just evict a tenant because their lease has expired.You will have to build sufficient evidence admissible in court and to the satisfaction of a judge to prove good cause to get a warrant of eviction.Many housing providers kept high risk tenants on month to month leases so that if the tenant stopped paying rent, you could simply give them a notice to vacate and recover possession of the rental unit that way.The reason for this methodology was because the HSTPA of 2019 passed in NYS made it extremely onerous and costly for housing providers to evict due to non payment.That method under good cause will be eliminated.So you can still keep tenants month to month but you will need to document the lease violation due to nonpayment rigorously.How many times and how late is “good” enough?
Nate McCarthy
Multi-party investing deal structure for BRRRR/House hack
19 January 2025 | 14 replies
@Nate McCarthy What makes it worth a renter's money to pay rent is possession of the premises.
Tina Artigliere
Quest Trust Suddenly Closed down Administration on their Solo 401K Plans
17 January 2025 | 24 replies
So should your facilitator.4) As a trustee, you can now write a check or wire money into any investment that follows retirement plan rules (no artwork, collectibles, alcohol, insurance, etc., and no disqualified parties).