Alecia Loveless
Useless property what to do?
21 June 2024 | 25 replies
I do not think the recipient of a ROW can demand anything but the right of the use as described in the deed/ROW.
Jake Andronico
Record Number of Cash Transactions
13 June 2024 | 8 replies
Lots of boomers & CALPERS recipients headed your way.
Adrian Lammersdorf-Scioll
Looking for advice for finding off market properties with mailers in the Orlando area
7 June 2024 | 11 replies
You have 3 seconds to convince the recipient to open the envelope.
Jalen DeVine
Letter of Intent to Purchase Template
29 May 2024 | 3 replies
For extra formality, put it on a nice document with your letterhead.Re: Non-Binding Letter of Intent to Purchase Real Property Located at [Property Address]Dear [Recipient's Name]:This non-binding Letter of Intent ("LOI") is submitted by [Your Name] (the "Buyer") to [Recipient's Name] (the "Seller") with the intention of setting forth certain preliminary terms and conditions for the proposed acquisition of the real property located at [Property Address], inclusive of all improvements, appurtenances, and fixtures thereon (the "Property").Purchase PriceThe Buyer hereby proposes to purchase the Property for a total consideration of $[Amount] (the "Purchase Price"), which shall be subject to adjustment based on the results of the due diligence investigations and final negotiations.Earnest Money DepositContingent upon the execution of a definitive Purchase and Sale Agreement (the "PSA"), the Buyer shall deposit earnest money in the amount of $[Amount] (the "Earnest Money") into an escrow account designated by the mutual agreement of the parties.
Mikaela Ausbon
Tenant falls in her unit and wants my homeowner's insurance
28 May 2024 | 6 replies
My tenant lives in the unit above me and has been there since before I purchased the property (She is also a section 8 recipient).
Christopher Colburn
Turning a property into an assisted living home.
28 May 2024 | 42 replies
Dear Christopher,I don't think you will have a problem...because your target population should be cash-pay clients, not Medicaid/Medicare recipients.
Joseph Skoler
Transfer real property from s-corp
20 May 2024 | 28 replies
The icing on top of these joys - to the extent the property is depreciable in the hands of the recipient - it is an ORDINARY gain, and not a capital gain.
James Conaway
Section 8 renter approval criteria
12 May 2024 | 9 replies
Welfare recipients are a special class and have special privileges eg: income qualifications.
Ed O.
Starting out - Avoid Bank of America
13 May 2024 | 25 replies
I think it would be in the best interest of newbies to establish an account with BofA or other large institutions because they are so resilient and offer great products.On two occasions last year, I wanted to pool funds to one account in order to send just one wire transfer to avoid confusion to the recipient.
Allen Stewart
Looking to build and grow
11 May 2024 | 10 replies
This often reduces the capital gains tax owed by the recipient.