Martha Daisley
What is the liability in holding a note?
HelloFor any real estate attorneys in the group. What is the liability in holding a note?I am getting ready to start buying notes from a private lending company. The notes are all backed by investment properties and t...
Roger P.
Denver area CPA
I just finished the “Tax Strategies for Savvy Real Estate Investors” book that was recommended - Loved the book and I got several good ideas from it. Reminds me of the saying “you don’t know what you don’t know”.I hav...
Cheryl C.
How often do you inspect your rentals?
Allstate just denied a claim stating lack of due diligence/protection of my property due to insufficent inspection on my part. The adjuster told me that I should inspect my rentals every month or two! Is he crazy...
Collyn Chipera
Sublease Protection and Tips
Hi all,I am currently in a lease by myself for a 2br/2br apartment and have noticed the complex is leasing the same unit for $300 more a month today than what I am locked in at. I still have 10 months remaining on my ...
Kelly Monson
Setting up a management company to qualify for Real Estate Professional designation
Hello all,I personally have 6 single family rentals and one tri-plex. I now manage all properties myself with the exception of one. A year ago, my credit was tight, so I bought 3 properties with my brother. We own ...
Aaron Knoll
What are good Terms for a pre-auction property?
Here's the situation:A nice house in a great neighborhood is being foreclosed on. Auction starts in 2 weeks, starting at $220k. Since it is a hot RE market, I suspect it would fetch much higher -- comparable auctions ...
Gary L Wallman
Potential tenant wants to edit my lease.
I'm an experienced landlord and this is a first.
I'm hoping to receive some feedback on my decision.
A potential renter from out of town who saw our ad on Zillow asked me to email them a copy of our lease. After I...
Bryn Wilson
Landlord Issues
Does anyone whether its legal in WA to rent a shf like its a tri-plex? There is a main two bedroom two bathroom house with two units attached. The units were addons/conversions.
Also in WA state a landlord has to give...
Charlie Gould
Which Type of Legal Entity to Become?
My Son and I are partnering to do RI. He is an excellent General Contractor with great credit rating (super smart... :-) )I have high income, low debt, analytical, detailed and good computer skills.We both live in Nor...
John M.
Rental Property Tax Implications (Personal -> LLC)?
Hi everyone -I'm trying to understand what the benefits would be in moving a personally held rental property to an LLC. Is there an attorney and/or accountant that can shed some light on this?The rental property has ...