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...
Joseph Koury
Should multifamily managers disclose COVID-19 cases?
Should multi-family property managers (specifically common area spaces and elevators) disclose whether someone in their building has reported and confirmed Covid-19 to all their residents?
Timothy Chi
Legal advice for rental property
Hello all! I have a question. My mom is approaching retirement and is considering downsizing to a smaller place. She has a SFR currently. I brought up the idea of renting it out but she was concerned about all the leg...
Rob Pattison
My first non-performing note
Investment Info:
Single-family residence note investment investment.
Purchase price: $9,750
Cash invested: $9,750
I bought a non-performing note with a value of $16,000 for the price of $9,750. My e...
David Bunyea
Listing Agent > Intermediary
I am selling a house. My realtor, who is also a personal friend, has been approached by a potential buyer that isn't currently represented. If the unrepresented buyer comes in with the best offer my listing agent beco...
Daniel Guest
Rental income as business income?
Hi all,I have been growing my portfolio over the last 5 years and currently have a mixture of 5 rental properties, 1 flip in progress, and 1 single family house that I decided to cash out on the equity and sell. (unde...
Kevin Naimoli
9 Unit Historical Multi Family Creative Finance Deal
Hi All,
I have an interesting deal here. My seller owns a historical 9 unit multi in New Haven CT by Yale which he has owned for 63 years. The time has come for him to consider his exit from the property. In the last...
Scott Miller
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