Audrey X.
Jerry M Feeney - e1031xchange.com, legit?
8 January 2025 | 31 replies
You deal primarily with his assistants and paralegal staff.
David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
For individuals with full-time jobs in other industries, meeting this threshold is challenging unless real estate is a substantial focus outside regular employment.
Paul Stewart
STR Life- Remitting and paying Taxes
16 January 2025 | 11 replies
Let me know if you can be of any assistance.
Gamal Harding
Navigating the Surge in Rental Application Fraud: A Guide for Landlords and PM's
6 January 2025 | 4 replies
These services help identify any red flags that an individual review might miss.Regularly Update Rental Criteria: As fraud tactics evolve, so too should your rental criteria and screening processes.
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal level Learn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are needed Know everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Carlos Lez
Tenant's cosigner asking to break lease due to medical reasons
14 January 2025 | 9 replies
He will be taking a leave of absence for the year.Given the unforeseen nature of his health condition we would appreciate your assistance and consideration in addressing this situation.
Alex R.
Southern Impression Homes
14 January 2025 | 27 replies
Cheap materials, thin walls, the LVP was peeling already not to mention the transient individuals in the parking lot.
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
Personally I like 1 savings and 1 individual checking for each property.
Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
12 January 2025 | 13 replies
@Tyler Speelman Your strategy to assist your sibling with a down payment while minimizing tax liability is creative but comes with complexities.
Keith Richardson
Should I open an LLC for each property?
24 December 2024 | 9 replies
I have used LLCs individually for the properties that I've owned and I'm glad I did.