Jerome Morelos
How to structure Private Money?
29 August 2024 | 6 replies
A closing / title company can handle the transaction but may want to get a lawyer to draft the documents.Assuming you are buying in your name and not a LLC - if a LLC then there would need to be additional docs like a authorization for LLC to borrow $ etc
Michael Daley
Flip from a Family Member?
29 August 2024 | 5 replies
What authority under the Trust does your father have to sell the property?
Todd Mulholland
Need advice tenant informed me they did a repair w/o approval
30 August 2024 | 7 replies
Tenants should have no authority to engage contractors without authorisation from the landlord and if they do they should never be compensated by the landlord.
James McGovern
Are Section 8 tenants are MUCH harder to evict compared to normal tenants?
28 August 2024 | 8 replies
I've recently started an eviction on a S8 tenant of mine in Detroit.The process will be identical to a normal, cash paying tenant with one big exception.The housing authority will continue to pay the voucher amount during the eviction process.
Christopher Lynch
Florida vs New Hampshire Short Term Rentals? ( Who Wins )
30 August 2024 | 29 replies
It is the role of the legislature and municipal authorities, not the courts, to consider any policy concerns related to STRs.
Joehn B.
Texas HOA foreclosure risks?
27 August 2024 | 4 replies
They might tell you they can't release any info to you without SS number or some kind of authorization or detailed info.Who knows how fast a lender forecloses.
Jason R.
Banks willing to open accounts for a cell in a Series LLC?
27 August 2024 | 18 replies
The people in that cell can have signature authority, that is granted in the operating agreement of the master.Your tax status has nothing to do with an operating account.
Salvatore Spano
BOI (Beneficial ownership information)
28 August 2024 | 11 replies
The individual is not a senior officer of the reporting company.The term “senior officer” means any individual holding theposition or exercising the authority of a president, chieffinancial officer, general counsel, chief executive officer,or chief operating officer, or any other officer, regardless ofofficial title, who performs a similar function. Yes NoInheritor (Exception #4)An individual qualifies for this exception if the following criterion applies:1.
Travis Oneill
What are all the Monthly Expenses for a House in Raleigh North Carolina ?
27 August 2024 | 10 replies
The tax authority may have only assessed the value of the completed portion or the property for part of the year.
Nina Penuela
The Pros and Cons of Out-of-State Real Estate Investing
26 August 2024 | 2 replies
@Nina PenuelaOne of the things we have seen, specifically in Ohio and Indiana is local building authorities target out of street owners with ridiculous fines and make life miserable.Had one where the porch light was out and charged a $50 fine.Another one claimed grass was not cut because it rained for 1+ week and did a $400 fine.