Rachael Palmer
Rental license needed to sue tenant?
8 December 2013 | 7 replies
Very unlikely that you will get your tenant to say you gave them this form as required.The Tax Account (BIRT) number is one that the City issues; they will probably want your SSN to give you the BIRT number.Some other links that you might find useful are located at this next link (I have no affiliation with the owner of the site - just passing along info that has already been compiled there):http://brownstonere.com/blog/landlordresourcesPhila is more tenant friendly than landlord friendly BTW - so in front of a judge the landlord will be expected to be the "pro" and have all paperwork in order ...
Daren Wang
Rent out single family to 3 individuals
7 December 2013 | 8 replies
Are you talking about leasing to a group of 3 roommates ("hey, let's all live together"), or 3 individuals who are each essentially renting their own room and then sharing the kitchen and don't necessarily know each other?
Logan Zanki
50% and 2% rule.... And my Multi family purchase with Carriagehouse.
8 December 2013 | 12 replies
I've already got the paper work to have it done, once I have it subdivided I'll have two lot on one loan.
Shahriar K.
foreigner partnering with a US citizen
10 December 2013 | 25 replies
If me a canadian citizen partner with a family member who is a US citizen to buy rental properties, I am providing all the funding and he will be taking care of paperwork's and looking after the properties.
Daniel Coleman
Cash out, then 1031 exchange or hold?
26 December 2013 | 5 replies
Essentially, after the refinance, you have have two properties that are essentially free (you don't have any of your own money in the properties any more), and your tenants are paying off the refinance loan.
Steven J.
C4D, L/O, and LC; Whats the difference?
9 December 2013 | 4 replies
It is essentially just a contract that says you will deed the property to someone at the end of whatever term you decide on: 180 payments at $400 or whatever.
John Horner
subject to assignment risk
24 February 2014 | 26 replies
The only reason to get on the paperwork is if you can make a bigger cut.
Marc Pfleger
Protecting my money in a rehab partnership
11 February 2014 | 27 replies
The HML has a built in prepayment penalty which is essentially making sure they get their 15% for the year regardless of completion time.
Gary Hurst
Paying off vs Cash flow
10 December 2013 | 16 replies
I used essentially all leverage when I started out but have went the opposite direction these past 6 years.
Mike Wallace
Just picked up a Condo for $14k
8 December 2014 | 73 replies
Essentially you coud sit on the north side of 8 mile at night time and might even get to see the crime on the south side of 8 mile.