ANTHONY MADENA
real estate investing
23 January 2018 | 1 reply
Because when you try and sell 123 Main street, 3 bed 2 bath house on Craigslist without a RE license you are violating CA business and professionals code.
Troy Christnacht
Can I use my HELOC for private lending to another investor?
2 February 2018 | 10 replies
Be sure your accountant is advising based on the new 20% self employment pass through deduction and other new tax codes.
Robert Lopez
Looking to hire someone to help me set up my Airbnb
13 November 2022 | 3 replies
I'm currently out of state and have a beautiful 3 bedroom 2 bath in zip code 78217.
Terry Landon
PM fee for new tenant lease?
20 November 2022 | 12 replies
These are professionals with additional training and a stricter code of ethics.
Ian E.
Morris Invest Case Study
6 February 2020 | 184 replies
I'm getting more photos tomorrow so we'll see if there's any more progress.Depending on how much you really want to protect your investment.. simply getting pictures on a drive by is not going to cut it.I would suggest you find a construction inspection company like the HML ers use we use and banks use.. normally about 50 to 100 an inspection.. so what you want is at demo phase they go through and check it out quickly and make sure you did not buy a complete wreck with a lot of structural defects that can easily be hidden.then from there once they do electrical and plumbing before they cover those us get it inspected..then have them come back after sheet rock and kitchen bathrooms etc.then once its done hire a normal home inspector to go through the whole house to make sure its up to code and everything is working.. the first inspectors just say yes there is plumbing and electrical the last inspector make sure its all to code your GFI's are in your hot water works etc etc.the other thing you want to do for SURE is get a sewer scope all those old houses unless its evident there is a new waste line the second someone moves in your probably going to find your sewer wont work right and it will be an emergency replacement and cost you 2X to 3X what it would cost if you fix it now..
Account Closed
Morris Invest and Oceanpointe Rehab Issues May 2018
4 March 2019 | 21 replies
IE bad tenant etc.but this is far more complex than that.And when you have owners who for a good length of time were receiving rent only to find out their homes were in fact vacant or had squatters in them.. that reeks of a Ponzi type situation.Also when you do your digging .. another critical element is that it appears through Morris or oceanpointe direction the title company used OP address as the return address for code violations etc.. so it was easy for them to sell vacant shells pay rent on them.. then pocket the code violations and the owners who never set foot or would set foot in Indy had no clue anything was wrong..
Jason Foy
Small Duplex Purchase
9 January 2023 | 0 replies
However, we did do enough due diligence and found out through code requirements several things needed to be completed before it can be licensed as a duplex with the city.
Roy Williams
Real Estate Professional - IRS Audit
20 July 2011 | 49 replies
The code specifies "brokerage activities" not "selling real estate."
Cheryl S.
REI Newbie and (desperately) need some help with my OOS LTR
28 December 2022 | 11 replies
These are professionals with additional training and a stricter code of ethics.
Jourdan Mercer
Best places to find off market deals?
29 November 2022 | 24 replies
You could pick some kind of list - all 4 bedroom houses in these 3 zip codes that the software thinks are vacant - and send them a postcard.