Molly Hane
Looking for your advice on this deal (my first property)
3 December 2024 | 8 replies
You need to not necessarily follow a book to a T, but just basic principles.
Mark S.
American Homeowner Preservation (AHP) Fund
19 January 2025 | 354 replies
Interest from a bank account is taxed differently than interest from a t-bond and different from a municipal bond.
Eric N.
How do you do Seller Financing/Sub2 and comply with Dodd Frank/Safe Act ?
23 December 2024 | 46 replies
There's another set of people who go to pains to cross every T and dot every I.
Josh Willis
How to get started in real estate with only $10k
3 December 2024 | 15 replies
If I had ten thousand liquid cash to spend, I'd probably do a house hack two-family and obtain an FHA loan with only 3.5% down.
Hannah Joy
When to refinance?
5 December 2024 | 7 replies
I am frustrated about that but it will be worth it to obtain the grant.
Lisa Eisenhauer
Need a bank that will set up a checking account for an LLC owned by a Roth IRA
13 December 2024 | 16 replies
that didn't make sense to me that if i have my ira with you then you will put who the owner is but if i don't have it with you you wont' put anything.anyways, she def didnt' give me indication that she exactly knew. maybe i had a bad agent and since i was already skeptical of using a small bank, that def turned me off.at chase my account shows that it's a business account under an llc. i am the manger of llc, the only thing that worried me is that they put me as a the owner of llc. this seemed no diff to me that when you go get an ein, it also puts you the owner of llc. if irs itself can have this limitation in getting the ein, then surely they would understand the limitation of the bank. besides, i have a fully complying operating agreement in which i have a clause that explains while irs ein letter shows me as the owner, in reality it is my ira that is owner and that that there are limitations on irs website when obtaining an ein. i will jsut be adding a similar explanation in my operating agreement about bank acct and have all the supporting documentation in case if it's ever needed. but that's where i am at.i wish this process was simpler/ easier. it is also very frustrating that the custodian doesnt' telll you anything. they all market you can have a checkbook ira but don't really guide you in HOW to do it practically. all these rich ppl are doing it and i doubt they are going through all these hoops. ...
Mike Miller
Any Cloud Brokerages that Do Not Require You to Join a MLS?
14 December 2024 | 36 replies
-Obtaining disclosures/reports: I have never had trouble getting copies of disclosures and inspections, agents/sellers will just send it to me when I ask.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
Still waiting to hear more on how mortgage forbearance really affects people's credit scores and ability to obtain financing in the future.
Kar Sun
Lease Final Walkthrough
30 November 2024 | 12 replies
Quote from @Kar Sun: My tenant's lease is coming to a close and I am relieved she will be moving soon.She has been paying on time but has been extremely unpleasant and rude.While the money does not smell my mental sanity is more important than money in this case.She sent me a registered letter stating that she feels "unsafe because we have not done the fixes the way she wanted it".She requests to have her witness for a walkthrough.In my state a walkthrough is required but I am not about to grant it to her to bring any witnesses as that is not in my contract.If she feels unsafe she does not have t be present.I also do not treat a final walkthrough with a tenant as a final sign off.This walkthrough does not include a detailed inspection of the plumbing and the appliances that will be done after she departs.This is simply for the visible cosmetic issues and should take less than 1 hr.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
Originally posted by @David Dachtera:Um, @Larry T.?