Alejandro Antonio Taylor JR
Securities compliance and investor liability
Hello everyone,Have a question in regards to engagement with a real estate lawyer and the risk of being sued by investors if an investment in a Multifamily property. Part of an engagement letter with a real estate law...
Bob Milen
Converting Multi-family
Hey all,
I currently own a 6 family in Astoria, NY. Currently, the apartments are setup in a 2br/1bth railroad style (think 5 really long rooms one after another). I have notice some owners across the street converti...
Ran Fridman
Can we terminate the lease if they are doing it?
Hello, everyone! Please advise if we bought the property and if it was the lease from the previous landlord.One time we saw that they were smoking, but it's not allowed in the property.Also, we noticed that it's only ...
Livia Adams
Issues with Neighbors Upstairs - Management refuses to do ANYTHING. What can we do?
I’m seeking advice on how to handle a challenging situation with noisy upstairs neighbors in an upscale Miami apartment community. We have lived in our apartment for nearly three years without any issues, but since Ap...
Robert P.
How will buying a 200k house and renting out impact Taxes?
First time buying a home. Home is in Massachusetts. Will be renting it out. Any clues on how my year end taxes (not property taxes) will be impacted by purchasing a home, and now having more income coming in. (besides...
Christian Alvidrez
Wholesaling legal issues
Have any Wholesalers on here had any legal issues with contract and that sort of thing? I talked to a couple of attorneys here in Little Rock, AR that suggest not to get into it, he says he actually sues a lot of whol...
Christopher M Miller
Best steps to take when contractor overcharges for materials
My wife and I have a rental property in San Antonio, Texas (Go Spurs Go!!!). We've had a new tenant move in and hired a contractor remotely (we live on the East Coast) to mend to a few issues. The previous tenant di...
Greg Pratt
Security Deposit - items that can be deducted in MN
Hello,I own a duplex and I just recently had a tenant move out and now it's time to consolidate the security deposit and I had a few questions and suggestions on what items can and cannot be deducted in Minnesota. I ...
Juan Diaz
My Strategy for buying Foreclosures
I thought I'd share my approach and strategy to buying foreclosures that has served me pretty well.Foreclosures – Assessing ValueWhen you buy a foreclosure, not only are you assuming liens on the property, but you’re ...
Cathy S.
Garage Conversion into ADU... tenants' stuff in my garage
I am planning to start construction on my garage ADU next month (already pushed back many times due to Covid, getting permit issued, among other things). I have told my tenants that I was planning on converting the ga...