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Results (6,878+)
Knute Olsen Buying a mobile home in a 55+ community and being "underage."
26 November 2019 | 9 replies
Well, I was the first mouse who fell for the trap and my buyer was the second mouse who got a great deal.
Chris Shipman Wanting to Start
3 August 2015 | 12 replies
Just don't fall into the paralysis by analysis trap.
Shauna Hancock Columbus On My Mind, Linden Love, from a Newbie:-)
24 May 2016 | 8 replies
I know its reputation but I know its potential as well.Linden market is high in Section 8, Hud homes, vacant properties,  land bank homes, and land from demolished properties .Most are under 20's, many homes are in the 20-30 range, a few in the 40's... even fewer over 50.
Daniel M. Duplexes in Milwaukee
13 July 2020 | 45 replies
I've had a lot of issues with the property, which was not maintained very well - new outlets, storm windows, replacement windows, leaky pipes, bad electrical switches, replacement flooring, roof issues, garage issues, insect issues, tree issues - learning a lot, spending a lot. 
Michael J. Rent Mobile Home on my land not park
11 February 2021 | 4 replies
In many of these cases I am the one that has to break the unfortunate news that many of these sellers are trapped until they find someone else that wishes to take on their burden, but after a few years we all know that the mobiles depreciate and are harder to obtain conventional lending.
Chris R. Long term tenant paying under market rent. What to do?
6 August 2016 | 19 replies
That is usually their last reason not their first and hobby landlords fall into the trap of subsidising their rent because they think their tenant is "special".
David Ward Are wholesalers unlicensed brokers?
14 November 2015 | 56 replies
Section 5-15(a) of the Act provides:It is unlawful for any person, corporation, limited liability company, registeredlimited liability partnership, or partnership to act as a managing broker, real estatebroker . . . or to advertise or assume to act as such broker . . . without a properlyissued sponsor card or a license issued under this Act by the Department, eitherdirectly or through its authorized designee. 225 ILCS 454/5-15(a).A license issued by the IDFPR certifies that the real estate broker has fulfilled all of therequirements of licensure under the Act. 225 ILCS 454/1-10.As of December 31, 2009, the Illinois Real Estate License Act of 2000 provides for a privateright of action when private citizens can seek to stop the unlicensed practice of real estatebrokerage. 225 ILCS 454/20-21(c).Other than as provided in Section 5-20 of this Act, if any person practices as a realestate broker, real estate salesperson or leasing agent or holds himself or herself outas a licensed sponsoring broker, managing broker, real estate broker, real estatesalesperson or leasing agent under this Act without being issued a valid existinglicense by the Department, then any licensed sponsoring broker, managing broker,real estate broker, real estate salesperson, leasing agent, any interested party, or anyperson injured thereby may, in addition to the Secretary, petition for relief asprovided in subsection (a) of this Section.
Jim K. Do You Understand How Ugly This Is Going to Be?
25 August 2023 | 122 replies
The old man left a black cat trapped inside the house that my brother let loose when he opened a cabinet door! 
N/A N/A 1031 exchange, mortgage boot, and capital gains tax
20 February 2007 | 4 replies
There is actually a specific example in Section 1.1031 of the Treasury Regulations that details this.
Jason Moran Rolling over my 401k
13 July 2017 | 5 replies
A rollover to an IRA is the same, regardless of how that target IRA is constructed.The answer is likely no, because the financial services firms that offer 401(k) plans like to trap the money under their control, but there are some plans that will provide such an in-service option.If the answer is no, then you would need to either change jobs or reach retirement age of 59 1/2 while still working for the same employer in order to be able to move those funds to a plan of your choosing.