Duane Alexander
HOA Foreclosure and paying off 1st mortgage
25 April 2024 | 2 replies
Once the title is clear of those pesky old liens, you'll be good to go.This is not legal advice, so speak with your attorney for actual procedural issues.Keep investing and moving forward!
Pablo Suarez
Newbie investor: Protesting Property Tax in Tulsa OK
24 April 2024 | 1 reply
Call the County Assessor and ask about the procedures.
Eilon Shoham
New to the community !
24 April 2024 | 6 replies
I’ve been listening to the podcast for about four years now .I just decided to step it up and be active on the forms as well as upgraded to pro and I’ve been using the calculators on daily basis and it’s been amazing .I live in North Hollywood, California and I have four rental properties in Kansas City, Missouri.I am to grow my portfolio with cash, flowing assets and open for partnerships.I am a General contractor here in California, having a lot of experience with the building procedures as well as good couple hundred thousand in cash ready to invest, looking for good opportunities, and tired of standing on the sidelines.Thank you for this awesome community!
Sandra Kim
Urgent - FIRPTA Nightmare - Title company won't write check to IRS
23 April 2024 | 6 replies
Accounting firms typically have nothing to do with this process unless somehow the title company subcontracted the preparation of the 8288 to them (which really isn’t necessary as it doesn’t require tax expertise, only familiarity with the FIRPTA procedures in general, which any title co who’s worked with a sale by a foreign person would likely know).This is indeed a weird situation and it definitely is unsupported by any authority in the code and regulations to send the withholding tax amount to an accounting firm acting as a middle man for the IRS unless they somehow expressly made an agreement to do so.Good luck with that
Sophia Boro
Why do some investors allow unpermitted work?
26 April 2024 | 52 replies
The absence of permits can speed up the completion process and reduce the cost of permitting procedures.
Konstantin Komkov
commercial office space
22 April 2024 | 14 replies
In the middle of those two extremes might be a small business with 3 years left on their lease, but they've made improvements to the property that aren't cheap to remove, such as perhaps a dental office (dentists might be pissed that I put them in the mid-risk category, but all the dentists going out of business in 2020-2021 taught us that American consumers apparently regard dental care as an optional and "luxury" spending item).
Benjamin Spiegel
Redwood Breaks Bridgeport, CT, Commercial Sale Record on a Price Per Unit Basis
22 April 2024 | 0 replies
The process included one eviction, a procedure RCA is well versed in, taking roughly 2.5 months in Connecticut.The value-add process resulted in a ~60% increase in NOI from ~$74K at purchase to ~$118K on a run-rate basis after 7 months.
Jill Thomas
Feedback on RentToRetirement and Zach Lemaster
25 April 2024 | 82 replies
As we discussed, the next procedural steps would be to get a pre-approval from one of our recommended lenders, then we can work together to identify some specific properties that fit your investment criteria and get you started!
Evan Gater
Buying subordinate liens at foreclosure auctions
22 April 2024 | 11 replies
How long does it usually take to complete all procedures with the first mortgage holder after buying the second mortgage to pay off the first mortgage?
Account Closed
Tenant no responding to rental raise
25 April 2024 | 60 replies
If there is no answer after this, it may be worth contacting a lawyer or real estate professional to find out about the legal procedures for raising rent in your area.