Ben M.
Managing properties remotely
Is it possible to manage a property remotely efficiently without a property manager? Can you hire everything out such as make ready, eviction, but only on as needed basis?
Curtis M. Leidig
Affidavit and Memorandum of Agreement for Purchase and Sale
I was negotiating with a seller and the seller sent me an offer and the seller said that they would not accept any changes to their offer. I signed the offer and immediately sent it back to the seller. The next day t...
Joseph Tarallo
Asbestos, Lead Paint, And more. NJ 3 family
Hi I am in the process of maybe purchasing a huge 3 family home for a pretty cheap price, however it needs a lot of repairs. We do our own work so I will save a lot of money that way. There is some things I am conc...
Henry T.
CPA, STR deductions and losses.
My CPA says STR "A" can only deduct expenses for STR property "A", and only up to income level. Whereas my other LTR rentals B,C,D,E etc, can accumulate/share deductions and losses , as well as carry over. STR cannot....
William Weston
Business names and LLC's
Hello everyone a seriously dumb and simple questions. 1. How did everyone determine the name for their business2. Did you already have your business set and LLC before making your first deal?Thanks in advance!
Ben Pentz
Do I need to disclose that I am a licensed real estate agent?
So I recently became a licensed realtor in PA. I have existing rental properties and for the first time am about to execute a new lease with new tenants. I was pretty certain that I have to disclose to my new tenan...
Seth Hochberg
Beginner Questions Regarding a BRRRR Partnership
I'm new to Real Estate, and am currently in the process of working out the details of a partnership with someone. In a nutshell, we're looking to do one BRRRR together, where I provide most of the capital, and she pro...
Frank McGovern
Chicago offers free legal eviction rep to low-income renters
The Chicago Department of Housing on Monday chose two nonprofits to provide free legal help to low-income tenants “at risk of or subject to eviction or lock-out” in Chicago.https://chicago.suntimes.com/c...
Alon A.
LLC in same state of property ?
Hey guys I have LLC in texas and I bought property in Florida , should I open new LLC in Florida or I can use the one in texas ? I can just register the LLC in Florida right ? I wanted to know the disadvantages of no...
Brandon Yuan
Legal budget for small apartment acquisition
How much is a reasonable budget for legal cost for small apartment acquisition (20 to 30 units)? Activities may include review/revise contract (any special language addendum outside of standard TAR contract), review t...