Jeremy Benezra
Stepped up basis issue
As you may have seen in another of my posts, my wife and I recently moved out of the city and bought a house in the ‘burbs! I already owned the house we used to live in prior to meeting my wife. I recently quitclaim...
Dar Fornelli
Lease disclosure from seller was not most current lease
Earlier this week we distributed rent increase notices to tenants at a property we purchased a couple of months ago here in Kansas City. The leases we were provided by the seller had all expired and were now on month ...
Sandy Sawyer
DIY Texas Series LLC formation
I haven't seen anything here for a while on this topic. I set up my own S Corp years ago; it's really only about 3 steps. One hiccup I'm foreseeing.. In September 2019, House Bill 3609 passed, removing county filing r...
John Ma
What industry did you come from Full time Wholesalers?
I think it'll be fun to hear where everyone came from prior to active REI.I've had a heavy hands-on automotive experience. I have an engineering background in motorsports, however worked in nuclear right out of school...
Kevin Chang
military person as tenant
In California, a military person is a tenant who is relocated by Military organization and made a early termination. Is landlord entitled to deduct penalty from security deposit? Property Manager said Military person...
Andrew Nash
Need Advice on Multi-Family Recapitalization
Recapitalization is not a common way to
cash out the first round of investors in a MF syndication, but when
it is used, what is the process for determining net gain on the
investment? In a Recap, the GP refinances...
Account Closed
Lease renewal notice
Hello,What is the law in Philadelphia, PA when it comes to asking tenant if they want to renew lease? I mean when am I supposed to bring up that question? More importantly, how early can I NOT bring up that question? ...
Daniel Adams
203(k) loan. Stuck with a bad contractor who wants to charge more
Hi All,Wanting to see if there is any advice for a situation that I am going through. I closed on a 203(k) loan on January 4th. My wife and I thought we had a decent contractor and the work was slow but it was progre...
Michael P.
New Jersey Tenants Lease NEVER ends?
I have 3 properties lease out, great tenants, though i am considering selling based on the appreciations.I started to read about end of lease, and how to approach the sale.I read something that stated, even if the lea...
Francis Dai
Sheriff Vs Trustee Sale in CA. What's the difference?
What's the difference between a Sheriff's Sale Under Foreclosure, and a Trustee Sale, in California?
In a Sheriff's Sale, do I have to watch out for second liens the way I do in a Trustee Sale?
So I saw a public n...