Kenny Wolfenberger
Commingling Funds - is it legal?
At a recent real estate seminar I attended the presenter said that it is illegal to commingle funds from different private lenders to purchase a property. The example he used was borrowing money from 2 relatives (5...
Alex Zemianek
Do you need a Real Estate license to manage vacation rentals??
Hello! I own a real estate development and vacation rental business in STL , MO, and I know Missouri requires you to obtain a RE license when launching a property management company, but does anyone know of a way arou...
Chris Trupiano
Monetizing Seller Referrals Without a License
As I'm sure many of us experience, I come across numerous seller's who would like to sell, but their house is in good condition and want market value. The state and federal law dictates commission splits for seller (o...
Michael Snow
Can I get some recommendations on a wholesaling book.
What books would be helpful in understanding how wholesaling works and how one would get started.
Kim Horn
Is peeling lead paint a deal breaker for a fix & flip?
Have not yet made a purchase. However, my husband and I have toured several homes and found one that shows a lot of potential. It was built in 1900 and has lots of character that just needs to shine through the decade...
Scott Mclaren
Loan servicers need to be state licensed?
I have a question about loan servicing. I bought a note through FCI. A non performing note. It was being serviced by FCI. I wanted to move the servicing to Loan Servicing Center in Chowchilla CA. I get an email from s...
Pete Park
Landlord won't provide mailing address on contract. Argument
I am based in California.
The management company who listed the property, will not provide a mailing address for the owner. (owner will manage property) I've since then getting into a small quarrel via text message o...
Buddy Chou
Appraiser say they have 30 days to respond to a rebuttal? BS?
Has anyone one heard of a law that allows the appraisal management company up to 30 days to respond to a valuation rebuttal? My buyer is getting an FHA loan. Since we are selling the property within 90 days of our a...
Mahmuda L.
Tenant eligibility regarding past eviction
My manager is asking if I (landlord) will allow prospective tenants with no eviction in past 4 years. I was thinking no evictions at all. But what's the acceptable and more common practice here? From a simple online s...
Hae-Yuan Chang
Subject To vs. Lease Options
Hey everybody!I am going to reach out to some landlords this week to make a few offers. I'd really like to weigh both Subject Tos and Lease Options, and how to know which is better for which situation. Some thoughts t...