Timothy C.
Am I able to charge market rents on a RSO duplex in LA delivered vacant upon closing?
Hello everyone! I am working on getting a duplex deal finalized in LA that is zoned with RSO. The bad news...well RSO in Los Angeles is just a nuisance. The good news...both units will be delivered vacant at closing.
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Salvatore Spano
BOI (Beneficial ownership information)
Are some LLCs exempt from submitting this info? In particular, sole proprietorships? Does anybody know? Thanks.
Bienes Raices
"Early termination of lease without penalty"
My lease, which I bought from a lawyer about a year ago, has a clause "early termination without penalty" where the tenant must give 60 days notice and pay an extra two months rent fee in order to move out early (Two ...
Benjamin Cowles
What happens when collateral is in excess of the loan?
If you use hard money for just a portion of a purchase or say the rehab costs would they use the entire property as collateral ? Or in general is there a way of minimizing your collateral to only what would be necessa...
Dave Rav
Late fees during the pandemic
We are now 3-4 months into the COVID-19 crisis. Thankfully, all our tenants continue to pay rent. A few have been late. One in particular, has been provided an extended grace period at least 3 times during the past...
Sandy Blanton
Truth In Lending Disclosure-Private Lender
Bill Gulley Does anyone know if a private individual who funds mortgages is required to provide a TIL? If so, and they failed to do so, what are the penalties? Thanks.
Chris Masons
first time 10k ira withdrawl penalty free question....
Regarding this insentive from IRS, I have a deal I am working on where I will be buying a 2 family and renting it with one tenant doing a contract for deed agreement to buy the property.
I am asking for 10k up front ...
Jefferson A.
Interpretation of a clause from inherited lease
Hello BP! This is my first time posting. I'm having a problem understanding a clause on my inherited lease. I need help with the interpretation of this clause;"If tenants fail to pay any portion of the rent or any oth...
Jim Witten
Do You Think There's Anything Wrong with this NDA?
I had to request a signed NDA/Non-Circumvention from multiple agents recently, I spent a lot of time researching and modifying templates. I made it very short/simple for them in the end.But of the multiple agents, hal...
Eric K.
Primerica. Does it work?
Primerica. Has anyone been involved (worked) for Primerica? I was thinking of getting into it as a means of producing more income to put towards investing in real estate. Since it seems like mixed reviews saying a "le...