Travis Kay
Tiny Homes in RV Parks
I am in the process of building an RV Park. I have purchased thr land, had it rezone and am designing my plans for the community now. In meeting with the town building inspector he is having a hard time wrapping his h...
Marc Massicotte
Probate and wholesaling contracts
If you are working on wholesaling a property in probate, do you specify a potential closing date on the PSA or leave it open ended as "Upon probate approval"? Or something to that affect. Any tips would be appreciated.
Jay Lam
Bank accounts for rent and security deposit
Hello,
If I have two bank accounts one for the rent and for the security deposit, do these accounts have to be in both me and my wifes name if we both own the house? Or can the accounts just be in my name? Thank you!
Lynn Staples
Wholesaling
Need help.
I am currently trying to get starting with wholesaling but I need to no once you get the contract signed and you give your earnest deposit what happens with the contract until you get a buyer? And what kin...
Spencer Wetmore
FHA in an LLC?
Hi Everybody!I purchased a multifamily in June 2016 using an FHA loan. I did a little research and would love to create an LLC for this property (and possibly future properties). However, I heard from a non-attorney i...
Mark Hu
Fine for wild party?
I was informed by a RE agent awhile back that it just isn't legal to levy a fine on a tenant for running a party that got out of control and had police called in. Is this true?
Wayne Bodley
New mortgage company raised my payment amount!?!
Hi all, recently several of my mortgages were purchased by Freedom Mortgage. I realized today that somehow the payment amount on at least one of them was increased by about $50, creating a late payment fee. I'm in the...
Kim Handelman
Need some creative ways to get my mom into a duplex - think house hacking.
Hey Folks,My mom has no retirement. Despite years of telling her to save she just hasn't. She is 72 and with health problems is now in a place where working every day is just too much. She has $200,000 equity in her O...
Aj Bowman
Partnering with contractors
Hi Everyone,
Just wondering if anyone has done this before. But for my flips what if I partnered up with a contractor and split the profits 50/50. I would need a contractor anyways for my flips and this way they cont...
Account Closed
Landlord insurance. Is it worth it?
I recently became aware that there is such a thing as landlord insurance which, in the event of a deadbeat tenant, will not only pay their rent in the interim, but will also pay for the cost of an attorney throughout ...