Morgan Ward
Maryland Security Deposit, What is the best account? Can I avoid being taxed?
So I'll link the law below for anyone who isn't in MD but pretty much you're required to keep security deposits in an interest accruing account at 1.5%, then interest is returned with the initial deposit to the tenant...
Lei Marte
Multi-Family Investing in the Bronx
Hi all,I grew up in the Bronx and somehow the prices of multi-families seems to be calling me back!I am analyzing an opportunity that has had several price cuts in the area I grew up in. It's below $1M for a 7-unit, ...
Armando Payano
Buying a property (title) with 3 bank liens.
Hello BP,I am being offered a property for pennies on the dollar. I would be buying the LLC which owns the property. It’s a good enough deal that I am willing to put in the work to try to get a settlement. The liens a...
Michael R.
Boiler vs on demand hot water heater
The trole I own has a boiler water system that is not individually metered to the units. I am curious if anyone has replaced a boiler for three separate on demand water heaters. Pros and cons welcome.Thanks
Daniel Bolinger
W/S/G Cost Allocation to Tenants
Under Contract for a duplex Should I always pick up the cost of the water, sewage, and garbage or is it common to hand off some of these costs to the tenant? Or just add it to the cost of the rent.
Patrick Nickerson
Anyone experienced with broken condos?
Hey everyone! I’m looking at a few off market deals one of which being a broken condo complex.
For example..the property has 3 or 4 condos individually owned within another 50+ units that I’m looking to acquire. Brok...
Michael Sauls
California Contra Costa County NEW shelter order affects Flips
Just today, 3/31/20 at 1:30pm PST, California’s Contra Costa County announced an updated and stricter shelter order that directly affects rehabbers and fix&flips. Curious if other states will follow suit.- Most co...
Solomon Woods
Non Profit Seeks 4-5 Bedroom House to Rent
Hello all,I have recently partnered with a local non profit organization based in Chicago, IL. We are developing a pilot program with its sole purpose in providing housing for displaced individuals who lack the financ...
Brian Kieser
Spouse on Credit application and Lease?
Hi, we have a family with two children applying to lease our property, and the husband is a stay at home father. The wife is currently on the application. My question is, should we require the husband to submit an a...
Ian Baggarly
Tired of wasting time!
So here's the thing...I know we all start somewhere. I have been a licensed Realtor with Keller Williams for about 6 months, have closed a few deals and have learned that being a Realtor isn't really my passion. I am ...