Matthew Brown
Currently Renting, lease to own option first time buyer consequences.
12 December 2024 | 3 replies
If the seller is trying to avoid legal issues with the city for illegally operating a property I would get out of that.
Josiah Horn
One tenant moved out suddenly leaving non performing tenant in property
13 December 2024 | 5 replies
First, the tenants signed a legally binding contract and do not just get to walk away on a whim.
Anton Tikhomirov
Binghamton NY — what’s the catch?
13 December 2024 | 7 replies
One block may be legal, the next block may not be.
Brandon Fumagalli
New S-Corp REI looking for networking / advice
11 December 2024 | 4 replies
That will dramatically change the nature of the wholesaling business with the legal compliance factor that agents need to comply with.
Madeline Walsh
3 flat in Chicago
12 December 2024 | 7 replies
Purchase price: $330,000 Cash invested: $15,000 Legal 3 Flat (that was not for sure in the beginning).
Pete Tarin
Assumable mortgage purchase
10 December 2024 | 4 replies
You can do a subject to transaction but that is not legally assuming the loan.the banks got rid of assumable mortgage long time ago.
Bridger L Logan
Any success with rent by the room?
15 December 2024 | 59 replies
So if lots of parking, ideally walking distance to busses or transportation to cut down on cars, you might get away with it (legally).Operationally; this is a can of worms to manage.
Lisa Eisenhauer
Need a bank that will set up a checking account for an LLC owned by a Roth IRA
13 December 2024 | 16 replies
I went to my local credit union, Wells Fargo, and United Bank and each one turned me down after "checking with legal."
Zechariah Troth
Questions from a Novice
12 December 2024 | 5 replies
Purchasing in your name might be simpler and cheaper upfront, but you’d be personally liable for any legal issues.
Zachary Sakena
How to structure first rental in NJ: Should I use an LLC? Land Trust?
11 December 2024 | 13 replies
An LLC is useful for two things: anonymity and legal protection.