Wai Fung
Duplex/Lot Subdivision - What happens to loan?
What happens to the lien/loan on a duplex after it has been subdivided? The goal will be to have 2 separate SFHs on 2 separate APNs.
Zach Schwarzmiller
Neighbor builds well on property - Want to issue annual license agreement - Anyone have an example?
Greetings BP! I bought a cabin in April of this year that included 8 lots. The 8 lots I purchased are 12 - 19 on the following title inspection survey: http://1drv.ms/1MnMxcc - First American Title did this for me whe...
Jay Thomas
How to evict a sub-tenant
Hello all, I'm having problem with my sub-tenant. I subleased my apartment couple of months ago with landlord's permission. Now in the last month of the sublease, my sub-tenant is refusing to pay the agreed amount s...
Joe Clifford
Single Family Home On Multi Family Zone
Hi - I just purchased a single family home sitting in a multi family zoned lot. What would be the Steps to make this home a legal 2 family. I'm looking to build a 1 bedroom apt and live in the front part of the home....
NJ Ram
Evicting/removing a sublessee
We have a student rental property. One of the girls moved out, and sublet her room (with our written permission), but the sublet has been making excuses for rent payments, and is now making similar excuses to leave. ...
Ibrahim Hughes
Non Profit used as Conduit for a For Profit Entity?
Hi everyone. In addition to real estate investing I also run a nonprofit youth mentoring organization. any CPAs out there who can answer the following question ?Can our Non Profit legally serve as a "conduit" for a fo...
Mathew Deines
Property Management Software
Hello! My company is looking for a new property management software. We are currently using Appfolio which was great while we were only in one market, now we are in 3 different markets and need something we think will...
John Morgano
Teardown a property that is mortgaged?
So I have a property that is currently under a commercial mortgage with 3 other properties. The property needs more work than I'd like to spend to fix, and wanted to just tear down and put a duplex instead. The 3 mort...
Randall Hess
Hard Money Lenders in New England
I've got a great opportunity to get up to about 50 houses which are all rented and making out well. Only problem is, I think the best way to go about it with the situation would require ~ $50k - $100k hard cash per ho...
Sammy Vazquez
Transfer Duplex to an LLC
I'm wanting to transfer our Cleveland Heights duplex to an LLC. I called the bank and after 2 hours of speaking to several departments, requesting steps to transfer the property to an LLC, none could give me a firm a...