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26 December 2024 | 21 replies
The guilty people know how to hide their tracks and could have been arrested under previous laws anyway, so all CTA law did was persecute small business owners.
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27 December 2024 | 2 replies
California's SB 721, known as the Balcony Inspection Law, requires multifamily property owners to inspect exterior elevated elements (EEEs) like balconies and decks.
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30 December 2024 | 12 replies
You don't have to sign the agreement, though some state laws require an exclusive contract.
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17 January 2025 | 24 replies
We review yearly with our CPA who files the necessary forms.By law, IRAs require a custodian.
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19 December 2024 | 10 replies
One tip is that is a very tough state for flipping/investing too because of tough laws against lenders if needing to foreclose, just something to watch out for
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31 December 2024 | 17 replies
The law here says eviction is a public interest issue (of course it is!!!)
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4 January 2025 | 14 replies
But the answer for everyone may differ.Here are the personal attributes I see in those able to achieve a higher than market ROI, enough higher to be able to “scale”.1- Knowledge of real estate principles, real estate law and real estate finance2- Minimum 3 -5 years full time, or near full time experience directly related to real estate investing3- Ability to utilize technology for increased efficiency, capacity, and accuracy4- Excellent hired legal counsel and excellent hired marketing help5- Established method(s) of obtaining consistently high QUALITY deal flow6- Ability to manage and choose people who are NOT employees: Attorneys, Appraisers, Mortgage Brokers, Real Estate Brokers, Title Companies, Surveyors, Marketing Specialists, Accountants, Contractors, Consultants, Property Managers7- A VERIFIABLE track record of success8- Ability to identify, analyze, and negotiate a deal that can be “worked” for “enhanced” ROI9- Some type of competitive advantage; for example for me it’s my ability to analyze and identify mortgage loans that are actually less risky than all other lenders believe (on the investing in debt side), and on the real property side it’s my ability to analyze”pull the trigger” with LESS information than other investors need, combined with the ability to pay cash, or raise significant capital almost instantly as well as being able to obtain loans at the lowest prime customer bank rate with no recourse or personal liability.
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27 December 2024 | 8 replies
.: Quote from @Charles Perkins: Washington law gives tenants the option of paying the security deposit over several months depending on the lease term length.
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30 December 2024 | 4 replies
You will want to know your state laws regarding deficiency judgments, and whether your deficiency will survive the DIL.
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27 December 2024 | 2 replies
Check your local/state law.