Nicole Obregon
Would you rent to someone who had a past eviction?
1 December 2018 | 138 replies
Especially in Chicago where an eviction could easily take 3/4 months (in total) before the Sheriffs can schedule a removal.
Chris Mandle
Attorney review red flags
20 November 2019 | 8 replies
We are trying to schedule the inspection and the buyer is dragging his feet.
Jeremy Shanks
Need to find a place to rent! Landlord pulling a slick one on us!
27 November 2019 | 10 replies
@Michael Seeker I was thinking this too. The
Sebastian Hauer
Transfer deed from personal to LLC correctly?
13 December 2019 | 3 replies
In the later case, if you have a warranty deed signed, and later a problem arise on the title that was preexisting the transfer, your LLC can "sue" yourself and you in turn can go back to your title company insurance.If you had a QCD instead, your LLC will have no recourse against you and your original title insurance will deny the claim as your LLC is not the insured party.Taxwise, if is it single member LLC and you are the member, it is disregarded for the IRS and there will be absolutely no change in the tax basis and depreciation schedule.
Eric Roloson
Any way to avoid probate?
29 November 2019 | 13 replies
Hello @Eric Roloson,I may have different goals and timelines in mind, but if I was targeting the property, I would seek Quit Claim deeds from every heir I find, the Grandson, the Daughter, and the other grandson too. The
Justin Reyes
Investors, What makes a property management company GREAT?
29 August 2019 | 1 reply
-Comprehensive Marketing and Advertising-Owner Deposit- No Delay Fund deposit to owner-Schedule Rent Increases-Recommend market rate rent cost-Strict tenant Screening & Selection-Monthly record Keeping/Statement-Cost-Effective and Reliable maintenance -Lease Law Compliance -Regular “Common Area” Inspection-24 Hour Online Access To Parking-Rent Collection-Lease Renewal (3 month notice)-New Tenant 60 day Inspection-Handle all tenant calls, emails, and texts-Owner Communication -Property up keeping including lawn care
Justin Witt
Quit claiming Deed to LLC
15 September 2019 | 13 replies
@Justin Witt - A transfer most likely will trigger the Due on Sale clause (DOS) - and while in the past, in an environment of falling interest rates and prices might been a rare occurrence, like they say, past performance might not apply to future results, and with rates increasing and "aged" loans (where the bulk of the interest was already collected, since you pay most at the beginning part of the amortization schedule) the banks might be more interested in collecting on the DOS clause and redeploying the money at higher interest (especially if the valuation of property makes for an easy sale in case of foreclosure).
Dennis Gallof
Guesty Alternatives? Don't meet Guesty's owner property minimum
10 August 2019 | 13 replies
@Dennis Gallof I use TurnoverBnB to manage my cleaning schedule and AirGMS to handle my auto correspondence.
Kevin Suttles
Out of State Investing
1 September 2019 | 22 replies
Have an agenda-schedule to go and meet the boots on the ground team including Realtor, Property Management, lawyer, partner, etc.3.
Joseph ODonovan
Section 8 vouchers? Is it illegal to say no?
23 August 2019 | 14 replies
Only when all that is done will the inspection be scheduled, and then it doesn't mean much.