Spenser Harding
Buying an occupied SFR: Potential Red Flags?
25 September 2014 | 4 replies
Also get a copy of the tenants initial rental application and credit/background checks (if available) so you can see what sort of folks are living there.
Quentin S.
Arv 600k under contract for 400k needs no repairs
11 October 2014 | 9 replies
The problem is if you're consideried a "trader," you might owe 15.3% SE tax, Fed, and state (if applicable), and 3.8% medicare/obummer tax depending on your circumstances & income..
James Tsuffis
Newcomer from Los Angeles, California!
3 October 2014 | 26 replies
Got taught a lot of math but not much real world application--hoping to learn some here though!
Shaun Lapsley
Foreign Investor Questions
27 February 2015 | 12 replies
Navigating state tax law and filing the applicable tax returns is certainly not easy.
Brandon M.
Occupied or vacant?
26 September 2014 | 2 replies
If the building has vacant units when we submit an offer, we typically request the Vendor allow us to "assist" with filling it (that way we screen any candidates).We review the Vendors application process and screening practices and often will request to re-screen the tenants - we normally solicit consent while pursuing tenant estoppel certificates.
Precious Thompson
Making Rent Payment
30 November 2014 | 7 replies
Lastly, to a certain extent I would also be concerned that an applicant may have too little actual cash available to them if they need to pay their deposit with a credit card.
Steven Huang
Applying to change zoning while marketing for sale
27 September 2014 | 5 replies
The more research you can do and hand-off to them in a clear, organized, format, the more you can save on lawyer fees by decreasing their scope of work.Again, every municipality is different, but the approval process for a rezoning typically involves an informal meeting with the City's staff, a formal application, and a few public meetings such as a neighborhood committee, a zoning review board, and the City Council meeting.
Givonna Wiley
Lender asked me to pay $499 to show me how to wholesale properties????
26 September 2014 | 5 replies
I recently completed an online application to obtain a Hard Money loan.
Ann Bellamy
Is reliance on Section 8 an increased risk?
27 September 2014 | 8 replies
@Ann Bellamy that is interesting because here in Oregon they are forcing us to accept Sec 8 applications.
John D.
CA Attorney for Dodd-Frank seller financed questions
28 September 2014 | 9 replies
TILA section 129B uses the term “residential mortgage loan” for the purpose of determining the applicability of the provisions of this rulemaking.