Wesley W.
Terminated tenant "why you don't want an eviction" letter
Hello all,I plan on terminating a tenancy on a subpar tenant. However, there exists a possibility they will not leave willingly. My thought is to include with the termination notice a form letter outlining the merit...
Keith Meyer
1031 Exchange - Maintain Property in Same Entity
We performed a 1031 exchange last year into a multifamily property and are doing an agency cash-out refinance this year (woohoo real estate!). The replacement property we exchanged into is made up of multiple parcels,...
Frankie Betancourt
Purchase agreement contract?
Hello, i am trying to buy a house from an elderly person but having alot of trouble he is not on the deed only hes mother and father names is on the deed but hes fathers and mother have not been living for 80 years me...
Zach Riggs
Should I sell off 60% of my portfolio & pay off 40% then repeat?
Been thinking about selling off 60% of my portfolio and paying off the other 40% then starting over. My reasoning is exposure. I know there are tax consequences to selling off the portfolio but the market being as hot...
Darrin Doughty
Deed Transfer during pre-foreclosure
Hypothetical question,If a borrower of an active mortgage is at pre-foreclosure and they decide to transfer the deed to another individual, what are the consequences for borrower and if any for the new individual that...
Lisa Dreher
Private money lender - confused about the logistics
I have a family member who wants to invest in my next property. But as we’re getting closer to making this happen, I realize you can only gift a person $15,000/year without tax consequences. If they want to invest mor...
Thomas Smith
HELOC on Parent’s Home
Hi Everyone, if a property gets gifted to me (tax consequences aside) from my parents and the title transfers to me, do I need to have it “season” or wait a certain amount of time before I can get a HELOC on the prope...
Jennifer Niez
1031 Exchange - Transfered to Revocable Family Trust
When I did my 1031 exchange I of course put my up leg in the same vesting name as my sold property. It's been 3 years now and I want to place all my properties in my revocable. Zero money will be exchanged. Just want ...
Jeff A.
What method do you begin to start using rent money. For income
I've been managing for over 2years , all of the income has been used for the company (llc). Now I want to start taking a salary? How do you do it? Monthly or one allotment per year/quarter? Love to hear how other...
John Kunick
Rent Control and Other Government Policies
Our current president is supposedly floating a policy idea of rent control to no more than 5% annually. History shows us the actual opposite of what he and others claim will happen will actually take place. Instead,...