Daniel Cook
Short Sale Exit Risks
10 February 2011 | 3 replies
You will want to check up front with the lender if they even allow an option.Also, I believe in California you need to be licensed to negotiate a short sale, however you may be able to do it so long as your paperwork states youre negotiating on your own behalf as a principal.If you can pass THAT then you also need to make sure you are MARS FTC compliant or you could face an $11,000 a day fine.
Steven Burrows
Solo 401(k) documents
16 January 2016 | 6 replies
If you approach this correctly, you will have a professional advisor on your team to help you get the most out of this very powerful tool while operating in a compliant fashion.
Lance LaGrange
Sub 2 Question
3 August 2013 | 5 replies
There are, I think, contracts here on BP site but not sure if they are state compliant.
Mehgan Moore
What makes a good Book keeper / CPA ?
30 June 2019 | 10 replies
@Mehgan MooreTo answer the title of your post, I would say a good Bookkeeper/CPA is one who will do the following:Keeps you compliant with timely and accurate books and tax returnsMakes sure that no deductions are falling through the cracksProvides tax advice in your industryCommunicates in a timely fashionAll of these are critical, but I can't stress #1 enough.
Bobby Burches
non-permitted upgrades and Occupancy/Use Permit
9 December 2018 | 3 replies
One way to handle is to hire your own MEP contractor to do an inspection and confirm the installation is code compliant.
Keith Smith
Early Termination of lease fees
21 July 2017 | 18 replies
Rent will be paid through the end of the month.Tenant Requested:The Tenant will provide written and proper notice as stated above.0-3 Months: There is a penalty fee of one (1) month’s rent.3-6 Months: There is a penalty fee of two (2) month’s rent.6-9 Months: There is a penalty fee of four (4) month’s rent.Remember for military you must be compliant with Servicemembers Civil Relief Act (SCRA) law.
Trevor Smith
Find Buyers for FSBO Sellers for Owner Finance with?
30 August 2016 | 0 replies
Before you poke holes in that, I assure you I will be compliant with regulations, and I will be ready for the due on sale clause.
Steven J.
Help me help someone sell their mobile home
5 September 2013 | 6 replies
I've moved on to SFR's and owner financing of houses Safe Act compliantly.
Dan Costantino
Do DIY Radon tests work well?
14 July 2013 | 0 replies
A non-sealed (radon compliant) system is 1/2 the cost.
Account Closed
I am BiggerPockets Certified
13 January 2015 | 17 replies
Things change, if you gave a certification two years ago and that person carries that certification today, they may well be doing financed lease purchases, or continue some other activity that is not compliant.