Shequann Burrwell
owner going to prison for fraud
28 August 2013 | 2 replies
If it is to auctioned from a forfeiture, the court can terminate any agreement or make arrangements for the tenant and owners.I'm actually awaiting the disposition of a property here that was purchased on an installment contract by a drug dealer who has weapons charges, mail fraud, money laundering, distribution and conspiracy charges who most likely won't be out in 20.
Sam Fong
Tenants need more time to move out after giving 60 day notice to vacate
12 September 2013 | 17 replies
After they moved out, I installed a bath fan and wired it to the existing bathroom light so that the fan would always turn on with the light.
Christopher Schmidt
Separating Water Meter - Rochester
9 October 2013 | 5 replies
have a sub meter installed , split the water when it comes into the house , house on left meter from the street , meter on right side , sub meter simple subtraction . you have to get in and read the meter , it also gives you a chance to inspect property.
Kathy Armstrong
Dallas/Fort Worth BiggerPockets October Meetup Speaker!
11 December 2017 | 62 replies
. :)Investor to investor deals can later be out of compliance if the buying investor allows the assumption in some installment loan as it may the be seen as a method or scheme to circumvent the intent of the Act.If the property is residential covered property, it's just best to comply with a MLO or attorney.....another option is to sell to a non-profit and let them do it, another exemption, but most won't go there.I really wouldn't ask closing attorneys or title attorneys about loan compliance as that is not their area of expertise and I'd say most will skim the regs of the day and base much of an opinion on RE experience, which is not the same thing.Call a small local bank, tell them you have a need for a financing type attorney and ask who they use in town or in the region.
Sam Leon
Making your property stand out
12 December 2013 | 3 replies
Last year I did a landscape project at one property because I have always wanted to do it, and the year before I put in a concrete countertop because I wanted to try a small one before I have one installed in my actual place of residence.Things that don't always make business sense.Nonetheless they do end up differentiating your offerings.So, I noticed a product some time ago called Paint Sensations.
Daniel Paloscio
Should I put in new windows?
15 July 2013 | 7 replies
Also, you will want to be sure that it is a wise investment.If it doesn't make dollars it doesn't make sense.Some utility companies have rebates and you'd see a HUGE $200 credit from the IRS for installing windows (sarcasm).
Nathan Cao
Newbie Question: Repairing Copper Lines on AC Unit
10 July 2008 | 7 replies
I'm curious to know if we can just get new copper lines installed for the unit OR do we have to replace the whole AC unit.
Jim Hwang
Help! I'm on Day 45 of my 1031 Identification period and just thought to ask this...
30 January 2023 | 11 replies
The IRS gives you the option in a failed 1031 exchange that goes across tax years to treat the sale as an installment sale with the proceeds received in the next year.The impact for you is that if your accountant files it as such you will not owe the tax until April of 2024
Nicholas Ball
Determining an appropriate reserve fund based on property age
8 September 2015 | 5 replies
Whoever installed it was careless and left chunks of concrete and rocks set next to the line which over time rubbed and broke the line.
Achi Adamit
Guttenberg, West NY, Union City, etc..?
15 January 2024 | 14 replies
I've installed tile backsplashes in an effort to curb the damage and make it easier to clean, but in some cases it's a huge amount of work to clean up.