James Wise
Failed Leadership is why California is on fire.
17 January 2025 | 135 replies
Given the # of people effected, it would probably only take about 50 years to clear court.....
Mohammed Islam
Seller trying to keep EMD, financing fell through.
1 January 2025 | 8 replies
Why wouldn’t you go to court?
Abraham Shamosh
Section 8 Questions
9 January 2025 | 4 replies
Section 8 can be a profitable and reliable resource but it is 'their ball, their court' so know the rules first.
Robert Frazier
Your LLC could cost you $500 per day if you don't comply with new FINCEN reg by Jan 1
1 January 2025 | 4 replies
https://natlawreview.com/article/texas-federal-court-issues-nationwide-injunction-against-enforcement-corporate
Morgan Vien
I live in CA and am buying a rental property in OR. Advice on LLC + Taxes
17 January 2025 | 5 replies
So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.
Jonathan Bombaci
Spent $209,000 on Attorney Fees in 2024 – Considering In-House Counsel in 2025
8 January 2025 | 11 replies
MA has a lot of courts, not a small state as you know.
Sean Doyle
Best Section 8 Markets
9 January 2025 | 30 replies
The first misconception is that you can declare a property headed onto the market only S8 eligible, refusing to consider traditional applicants.
John Underwood
No tax on Tips for Rental Income
31 December 2024 | 12 replies
You'll end up in court with a lease agreement that says rent is $1, and the recommended tip is $1,999.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Steve R.
Evicting tenant who's made partial payments. Do I need to give them 30 day notice?
14 January 2025 | 1 reply
I wanted to begin the eviction process ASAP but don't want to wait a month for a court date and find out that it was done incorrectly. thanks for any input