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20 January 2025 | 11 replies
Perhaps if your partner was a general contractor or handyman type there may be some merit there to reduce costs / increase profitability.If your partner enjoys deal sourcing, a better move might be for him to become an agent - so he could legally collect commissions from finding deals and managing properties for multiple people.
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7 February 2025 | 16 replies
Thus, they take extreme risks and look for corresponding discounts.Additionally, after the first position lender accounts for default interest, penalties, legal fees, foreclosure fees, accounting fees, and everything else, the equity in your combined <65% ARV loan can easily erode to zero.
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6 February 2025 | 10 replies
@Dean HalpinI’m not an attorney and can’t offer legal advice, but this situation seems to have the potential for a lawsuit for unpaid wages.
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14 January 2025 | 7 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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14 January 2025 | 7 replies
Clear financial separation ensures all rental expenses are deductible, maintains legal protections, and simplifies tax compliance.This post does not create a CPA-Client relationship.
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13 January 2025 | 7 replies
Consult with competent legal counsel to guide you regardless of your choice here.
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12 January 2025 | 2 replies
If they have an legally binding agreement, you need to honor that agreement and pay the fee.If you failed to mention to the agent that they are going to get paid, and then explained how, of course they won't present the offer.
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15 January 2025 | 7 replies
So, many landlords legally "bribe" these S8 tenants to move into these Neighborhoods/Properties with free appliances, TVs and internet.
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17 January 2025 | 11 replies
When legal drama pops up (and it might), a paper trail is your best friend.The TakeawayHouse hacking has been an adventure.
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16 January 2025 | 23 replies
.- Also, you need a legal way to take back the deed if buyer defaults!