Eric Morgan
Buying from motivated sellers
I am getting ready to start my marketing and had a wonderful thought. "What do I do if someone wants to sell me their house?" I have a hard money lender willing to loan me 80% ARV so I will paying cash for these deals...
Helen Lee
Commercial lease: how to serve the 5 day notice in IL
Unbelievalbe that I have to evict a tenant with good credit. She rented our storefront for storage. Last year, everything is ok. But ever since this Feb, she did not pay the rent. She said she was ill and in hospital....
Derek Gardner
Seeking help - started 1031 exchange now want to hire consultant / QI
OK, so I recently sold a local rental property and just went into escrow to buy a replacement. My friend convinced me to use him as a QI as he's done it before over the years and it would save me money. I'm second gue...
Kenneth Garrett
Building Code/Code Enforcement Questions
I have been a Building Official/Zoning Administrator for 20 plus years. If you have questions regarding code matters feel free to reach out. It may be another perspective you hadn't considered. Since becoming an in...
R Collins
Unknown HOA Fees
I purchased a vacant lot in a HOA located in South Florida five years ago. Before or after I purchased it, I never signed any agreement at all with the HOA. At the closing for the bank loan, I paid $228 for the yearl...
Sue T.
Property Tax Appeal/Protect in Birmingham AL
Hi,
Can anyone recommend someone to help me protest/appeal my property taxes in Birmingham, AL? Any help is much appreciated. Thanks.
Steven Holiday
My Realtor Keeps Bringing Up Wholesale Opportunities
Hi Everyone. I have a realtor for an out of state investment. I have a management company ready to assist with the walkthroughs, rehab bids, etc., but we haven't been successful on several offers (various reasons wi...
Paul Sandhu
Are Chinese professionals in the U.S. paranoid?
For the last 2 years a local factory has been renting my furnished houses for their visiting Chinese engineers. They normally stay anywhere from 3 weeks to 3 months. There is a cable tv in the living room, and cable t...
Anthony Sherman
Massachusetts Landlord - COVID-19 Letter to Tenants
Hi all,I recently sent a letter to our tenants based on advice from this forum. I spent a few hours curating a list of resources for tenants to leverage in times of financial distress with a focus on the current COVID...
YiBing T.
Does transferring title trigger sales and recordation tax?
Hello BPMy parents are retired, have a few rentals that we are trying to do a refinance on, but their debt to income is too high. I am planning to either add my name to the title or transfer the property to myself and...