Justin Mariniak
Trouble on first deal
Hello everyone,I am am having an issue that is starting to worry me on my first deal. It is a duplex and is being sold by owner. I have an agent that has helped me with all of the information and the contract and al...
Gary B.
Daily work order management
I just bought a 27 unit complex. I am new to complex of this size and looking for recommendation on best practices to manage property of this size. 2 things that i need advice one:1. Late fees: How to avoid that prope...
Ray S.
Shady unit split
I have a multi family home. My studios get rented the day they become available. The 1& 2 bedrooms take longer, and generally can't get as good of rate per SQ compared to the studios. The 1 bedroom 2 bathroom can ...
Jokari Trueheart
Meeting of the Minds, Lending Strategies Needed
HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I...
Jon Loca
Minneapolis Lawyer familiar with elderly asset protection and RE
My father and I purchased a property 2 years ago cash. At the time of the purchase the property was deeded solely to his name. I would like to now transfer the deed to an LLC, in my name, while doing a cash out refina...
Jane Ho
Have you ever heard of this kind of 'forbearance'?
I have a loan question from a past client...(I am an agent).
They tell me today that someone approached them (a company from LA), that if they purposely not paying their mortgage for 3 months, the company can negotia...
Farzan Setayesh
Unpermitted garage conversion to ADU
Hello. An off market deal has been offered to me. It is a 2 car garage conversion to an ADU without permit. It has been rented for the last 8 year. How can I get a permit? Consequences not getting a permit and keep re...
Anthony Bright
How to refinance on a property in Wilmington Delaware?
Recently just did a total rehab and debating on selling it or pulling equity out?
Jerry Kisasonak
Mortgage Debt Relief Act Expiring in 2014?
I've heard that this Act is set to expire at the end of the year. The Act allows people who are foreclosed on or who do a short sale to not have to pay taxes on the forgiven debt. If this Act does in fact expire, t...
Edward Adekanbi
1031 or C corp
I'm brand new and I have a question that concerns taxes. If you have a corporation which allow you to deduct business expenses do you still have to go through the process of performing a 1031 exchange on your profits ...