Hi all - when getting a property under contract for a wholesale deal, is it permissible to put "my llc company name" "and/or assigns" etc.... and then have the end buyer sign the assignment contract?In other words can...
Is it customary and legal to charge interest on delinquent rent and fees? In the lease provided with his book on managing rental property, @Brandon Turner, includes a clause requiring 18% interest per year on delinqu...
I'm selling a 3 unit brownstone in Boston. I put in leases that required a 90 day notice period but generally treated my tenants well and gave them 5 months of notice so they could get their plans in order as the buye...
Wholesaling a property in IL. I can get it under contract for $196K, the (as is) comps are selling for about $240. The property its self it pretty turnkey for a rental property, although 5-10K could make it look nicer...
Good evening, BP.So in the ground-floor of my property, I have washers and dryers, one set for the first-floor tenants and the other set for the second-floor tenants. The thing is, the first-floor and ground-floor ele...
I love real estate and I love making money with it, but every now and I start wondering if there is something more I should do... I do believe that just by being a reasonable landlord we can make a bit of a difference...
There is a petition available for Real Estate Investors to say that Seller Financing needs to be exempt from Dodd Frank.Read the petition.http://savesellerfinancing.org/cfpb-action-letter/"We are asking the Consumer ...
Ok, so I’ve recently begun looking at taking on some partners so that I will be able to do more deals. Mainly buy and hold, but the option of flips could arise in the future.
I now have two people that are willing t...
I just read a thread where an "investor" suggested that someone way the risk and if the down side could be covered, afford to suffer, to take the less ethical route.
Another thread was suggesting that investors just ...
Based on our prospective applicant's initial contact he quoted 600 as his credit score and in our ad, we stated we were looking for 'good' credit. His credit came out at 530 with other delinquencies, judgement and li...