Gudia Kaur
Abandoned stuff in house bought in Auction
I am new to Real Estate Investment. Recently, bought a house in Auction that have everything still there, clothes, furniture, shoes, photos on wall and dressers, food in kitchen, vacuums, and all personal items. Its a...
Eric Fernando
Bank owned REO property
I am going to put an offer on a bank owned REO, but the issue is that all the utilities, i.e. heat, water and electricity have been shut off. There was a pipe leak in the house and plumbing issues. How am I to do a ho...
Bryan Cork
Do I need to be legally protected?
Ok the scenario.
Recently closed on an investment townhome with a nicely landscaped back patio.......a small but clean little trek deck and some nice pavers that created an attractive useable space.
So then I get a c...
Sorin T
Change rental agreement to LLC name?
Hi, seasoned landlords, need some advice from you. I bought this property (TH) rehabbed it and rented it, all under my name. Naturally, the lease agreement carries my name as the landlord. Now, I read through a lot of...
Josiah Willis
Signing Papers Over Zoom?
Sorry if this doesn’t make sense...any critique would be greatly appreciated. Legal Precedent for Zoom:Is there legal precedent for Zoom filling the requirement of in person contact? Can agency and subsequent fiduciar...
Tim Hertz
Paying sister and friend to help on rehab
Hello all,I am doing a rehab and I have a sister and a friend I want to hire to help. They will make over $600, but this is more of an "under the table" cash deal. Can I claim $595 (avoiding 1099 minimum) and not clai...
Jessica Oots
Code Violations on Title
Hello,I have a property under contract with a seller where the property needs $30k in work to cure code violations before clear title is issued. My buyer will take the property with the violations but needs a hard mon...
Michael Williams
Quit Claim Method
What is a good way to use a Quit Claim Deed? I will be getting two properties under contract soon. One I will flip to an end buyer and the other I plan to Quit Claim so I can save on the closing cost for now and pay t...
Alacia Mahnken
Buying a property with unpermitted work from an unlicensed GC...
Thoughts? Anyone have experience with this in Florida?
Details:
-Property currently under contract with a wholesaler at 76% of ARV.
-Rehab included new driveway, addition of bathroom and converting a room to bedr...
Amber Forkey
Vendors & 1099s
Just curious if folks send a 1099 to their bulk trash removal companies like waste management or city comptroller's for bills like water/sewer 🧐