Llewelyn A.
How to Handle Cell Phone Expenses to NOT Pierce the Corp Veil
I have about 2 LLCs (A Real Estate Brokerage Firm and an LLC which holds a multi-Family building) as well as an S-Corp which makes Software.I don't expense my Cell phone, but I use it a LOT for business.The Cell Phone...
Ryan Dusel
Tenant Not Setting Up Utilities
I work for a property management company with about ~350 residential and commercial units in Norfolk, NE. We have a select few tenants who refuse to set up the utilities in their name, but have been reimbursing us for...
Jonathan Orr
Fund control and construction draws
Hello all. I am in need of some help. I have a few properties that I am rehabbing and one property that I would like to build on.I have been talking with banks about construction loans with fund controls. However I...
Cameron W.
Financing Remodel with Credit Cards
I will be pursuing my first hard money loan for a BRRRR and will not have enough cash to cover the repairs. I've been reading that remodel costs are held in escrow by the HML and reimbursed after completion.My questio...
Tian Chen
Seeking advice about dispute with new home builder
Hey guys,I'd like to hear your advice about a new home defect dispute with the builder. It's a investment property located in North Carolina, which was closed for 3 months now. Two weeks ago, a Friday evening, there w...
Logan Larochelle
Property insurance damage need advice
So I have a Pine tree that fell and broke my fence, but the main problem is that it has not completely fallen and the fence is holding the tree up at the moment and it is leaning over my neighbors house.So my problem...
Ted Bozoukov
loss of rent coverage Farmers
My insurance (Farmers) accepted claim for flood damage. Kitchen had to be completely redone which took 2.5 months. I reduced rent to account for unusable kitchen. Tenants left after 1 month in the repairs after paying...
Kay March
Unrepresented buyer forced to hire listing agent as buyer's agent
My son was not represented by a buyer's agent when he offered to buy a house, The listing agent told him to hire her, the listing agent, as his (buyer's) agent and agree to a 2.5% commission, so that the listing agent...
Marty Neville
Property Manager not distributing funds
Just reviewed my transaction history from my bank which confirmed my property manager has not distributed rent for 12 months, I have requested a full disbursement. I'm an out of country investor - what are my options ...
Gregory Schwartz
Triple Net Analysis: How to calculate expense
Question for you all concerning the analysis of a triple net property.
I'm working with a client who's interested in a 6,000SF office space set up for medical spaces. I've researched average per sqft rent (16.50 / SF...