Zachary Miller
House Hacking to 1031 exchange?
17 March 2015 | 7 replies
1031 is complicated and expensive and while the idea is good the reality my be that you are better off just paying tax and getting a clean basis on the next property.
Account Closed
New 'Kidless' Tenants Forged Lease to get their Kids out of LA Protective Services
22 April 2015 | 14 replies
I'd start with a phone call to the tenants that would end with "If you are out by Friday, apartment is clean and I never hear from/see you again, I won't contact (insert threat here:your lawyer the press DCFS, LA child service, all of the above etc)"
Mark K.
Thoughts on having agents show me a property with no intention to buy?
7 July 2018 | 13 replies
Not only that, you interrupt the sellers lives when they clean their houses, pack up kids and dogs for you to ‘look’.
DJ Cummins
wood panel vs drywall
20 June 2015 | 15 replies
If it is the thick tongue and groove classic cedar or pine plank paneling keep it!
Christian Carson
Dealing with vandalism
28 February 2013 | 10 replies
No damage, a clean, professional job, but lesson learned for next time.
Kenneth LaVoie
alternatives to expensive steam extraction
1 March 2013 | 2 replies
Hi alloccasionally (ok, 90% of the time) we have to have carpets steam cleaned after tenant leaves.
James Farrel
Pre-Rental Expenses Deductible?
4 September 2014 | 8 replies
Painting, carpet cleaning, general cleaning, and door latch replacement?
Clay W.
Purchase Options / Parcel tie-up
1 March 2013 | 1 reply
Promising one lessee rather than 4-5 non or slow paying ones.Going in and cleaning house, creating cashflow, and after 1-2 years, executing on the option and either taking the property subject to or having the seller carryback.Am I living in naive bizzaro-land or have any of you been able to structure a deal like this.Brian, are you listening?
Remrie Arrie
Can I sue HUD for "stealing" my tenant?
1 March 2013 | 12 replies
This being the "government" they ought to be able to pay us in full immediately.I'm assuming this is all tongue in cheek?
Laportia Paulk
Owner Financing
12 October 2020 | 15 replies
I'll start on my approach.Disclose this to your broker before doing anything, you will be buying, taking title to avoid a net listing arrangement and disclosing your position.Value each property and see what the income is.Your offer to take them all in one deal certainly saves the seller time fooling with peeling these off one at a time.Make sure you disclose you are a realtor and that you would be acting as an investor, but in so doing, still assisting her making it a clean transaction...The initial idea is to buy them all and thereby putting you in a psoition to payoff those properties sold with the proceeds going to her.