My partners and I were just given a W-9 by the organization that pays our tenants rent. We have a DBA and an EIN however we have not officially formed the Partnership and filed paperwork with the state (Maryland). We ...
Hey everyone! Have a hypothetical question that came to mind. I am currently negotiating an owner-financing deal with a seller who is in their early 70s. My question is what happens if this said seller passes away? Th...
My wife and I are officially under contract on a duplex (I’ve had a 4 plex before but sold it a few years back). Happy to be back in the landlord game. The duplex has 2 vacant units and I’d like to start searching for...
I could not find this question answered amongst the various forum topics to which I am privy. Does anyone have any advice on tax advantaged states in which to start my business officially? I am in the very early sta...
I placed an offer on a bank owned foreclosure that was accepted 9 days ago and am currently under a fully executed contract. We discovered a leak in the roof that will significantly increase rehab cost, making my HM L...
Hello all,I noticed a house on Zillow that had been through the auction process and was foreclosed on by the Bank Earlier this year. It went through a Hubzu.com auction and was sold. This sale was almost two months ag...
Sale of current 2-unit building taking long to close as we're waiting for Holdover tenants to finally move, despite all expenses paid (moving, new deposit, 1st mo rent).
In mean while, we already bought 1st half of r...
Having a conversation yesterday with a friend about notices, etc. In the past I have posted pay or quit myself. He doesn’t want to do this. For the love of Pete I know there is a service you can call that will post no...
Hi All,Looking at a SF home in New Jersey with Multifamily potential based on the layout. - Basement/ground level (half is underground since it is on a hill) has separate entrance, kitchen, full bath and living space ...
I recently acquired some land in a multi-parcel sale. When we went under contract this was advertised as a 4 parcel sale, and in the public parcel viewer we could plainly see it is 4 parcels and has 4 tax PINs and Par...