Bobby Nalua'i
House Hack Vacation Rental Style
Hey everyone. I'm curious if anyone out there does what I am thinking about doing. I know house hacking typically means buying a house and bringing in roommates to pay the mortgage, but my idea is a slight variation ...
Jeff B.
Limited Liability Partnerships (LLP)
There are several legal entities that are granted the privilege to perform business under an assumed name and to isolate personal liability:Corporations, all formsLLC, a special formLLP, a professional form of CorpAlt...
Patrick Diamond
1031 Exchange with a subject to?
I am hoping someone can shed some light on this:
Let's say that an investor wants to do a 1031 exchange on a property, and there is an existing mortgage on the property... Rather than doing a seller carry, can the b...
Jason Dellaposta
Mortgage Note Price Inflation
Any note investors notice lately the prices to purchase 1st lien distressed loans have been increasing? The days of picking up a note for 30 cents to the dollar but 60% for non performing is getting a little out of ha...
Andrew Caldieraro
Property management fees
Hello, I'm looking over PM fees, and I was hoping I could get some advice. I'm new in the game, and I believe this PM company will be a good one based on reviews and attention to details when meeting with them severa...
Wendy Jiang
Tenants Complaint re Mold
Today I got a text from one of my tenants saying she has had some breathing problems since moving in (2 months ago) and asked if I have ever done mold inspection. I am not sure how to respond and what will be the next...
Thomas Watson
Milwaukee WI Lawyer and Property Manager
I am a note investor and just purchased a note on W Vienna Ave. in Milwaukee, WI 53212. The home has 2 units. I would like to hire a investor friendly lawyer who can do a DIL or Foreclosure. I would also like recommen...
Wayne Igo
Cost vs Value for renovation or remodelling
We all know the typical investor model for flipping: buy at a discounted price, remodel/renovate and sell ASAP. Thousands of investors are making money, good money, every day using this model. Simple in concept, but...
William Walsh
Self-directed IRA distributions
I have a client that owns a condo in her self directed IRA. Can she transfer incremental ownership interests to her own name and report the pro-rata expenses and income on a schedule E? I know she'll have to report th...
Michael Didion
Real estate note investing
I’ve heard a lot about investing in real estate notes and paper. Is that investing strategy about buying the mortgage on a property and collecting the payments as income or am I misunderstanding? Any insight into this...