
29 December 2022 | 3 replies
.- They likely have "boots on the ground" experience and knowledge of local labor costs, operational costs, rent potential, regulations, and property histories.- They can be a great check and sounding board on the financial projections and value add analyses that you do.Do you agree with this?

29 December 2022 | 11 replies
If you don't have that type of clause in your current lease, you'll want to add one for the future...in the meantime, consider telling the tenant that the space is not habitable until the problem is fixed, and that they are not required to pay rent for the period that the space is not habitable--during which time, they can stay in a hotel/air bnb etc. ...but, it also depends on your local laws/regulations on the issue--some areas might require you to provide a hotel; at the end of the day, you have to follow whatever the law says....Good luck!

22 December 2022 | 4 replies
It helps to ensure that the project meets the necessary standards and regulations: A scope of work should include any necessary permits or approvals that are required for the project, as well as any relevant standards or regulations that must be followed.

19 March 2020 | 9 replies
Best to look up for the regulations for your state.

28 December 2022 | 4 replies
There are some regulations and stipulations around FHA loans for 3-4 units (self sufficiency) but this doesn't increase the down payment and make it a commercial loan.

28 December 2022 | 16 replies
However, I've begun using a CPA to help with my tax filings staring for the 2021 tax season and I pay him to navigate the rules and regulations of what is required.I have heard of CA pursuing "unpaid" taxes on out of state residents who have rentals or earn income in CA, so for my situation, it is worth hiring a tax professional to ensure I am doing everything correctly and am not hit with a bill 5 years from now from unpaid taxes + interest claimed by CA.

29 December 2022 | 4 replies
@Brandon Fischer Given the lending laws, hard money lenders stay away from lending on primary residences because they need to adhere to TRID regulations.

21 December 2020 | 14 replies
I'm just saying the ones that rip on wholesaling just don't understand all the circumstances where we can provide value.Now if your state was as strict as Illinois, there are a few options for me to wholesale with little to no funds.

30 December 2022 | 7 replies
Many likely have concerns about the impact of upcoming STRO (Short Term Residential Occupancy) Ordinance in San Diego and how it will affect rents/values. I work on a team with the Managing Brokers at Class Realty G...

30 December 2022 | 5 replies
Did you vet that they were a specialist in real estate when hiring him/her.If you are both arguing on a specific topic, you both can go through the tax codes, treasury regulations to provide support of why one is right / wrong.Section 469 discusses passive activities.Best of luck.