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Hi! So, my husband and I are self-employed and bought a home to live in in September 2014 at almost the max we were allowed to purchase, according to what our tax returns say. We make more than what it says on paper a...
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The required security deposit/move-in fee of $2795.00 breaks down as follows:Non-refundable administrative fee of $100.00--I get kind of like the $299 dealer doc fee a car dealership charges(Isn't that a part of busin...
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Hi, my name is Vic and I am a income property owner in California. I have a question regarding liability for a childcare situation that has developed recently on my residential rental property. I have tenants that hav...
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I have a client who recently completed a 3-year lease. They switched to month-to-month. I was planning on booting them out for a number of reasons but they offered to prepay for the year in advance. Since cash is king...
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I have a older couple decide to rent my rental property. They have moved all their stuff on the first day and plan to move in next day. 3 days later, the granddaughter who has helping her grandparents to find my renta...
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Sorry about the long post. I think it is pretty cool though. I had an amazing portfolio going for almost 17 years and got hurt very deeply in the world-wide crash a few years back. It took a deep toll on me. I went...
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Hi guys, I have a question for you...Ive been trying to transfer my 2 houses into 2 LLCs but really worried about due on sale clause. (If the bank finds out I transferred a house into an LLC the bank can make me pay a...
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I have a vacation cabin in mountains that our family used to go pretty often for summer break, vacations and holidays. But now we go there less and less often, we are thinking about if there is any way to use it to br...
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This was originally done by another member named James. After having to start down this road i figured it needed a little more information so I added the actual form numbers and a little more info to include the websi...
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I was offered a 4.5 variable rate, closing cost of around $300. The way it is amortized is a little different. If it's under 5k it's amoritized 5 years. 5 to 10k 10 years, and over 15k, 15 years. This seems like a pre...