Jason Dillard
What's an exchangor?
How many people really know what an exchangor is? Why would you call yourself an exchangor? Does BP need a category dedicated to exchangors? How do exchangors make money? Anyone out there that focus on being an ex...
Alexi Schreier
Property manager asking to be an authorized signer
Hi all,I’m about to close on my first out of state rental and have been in contact with a property management company to manage it.For accounting purposes, the PM is asking me to open a business account at a local ban...
Celia Moore
Biden's Proposes $500,000 Cap on Section 1031 Like-Kind Exchanges
The Federation of Exchange Accommodators (FEA) yesterday issued the following comment in response to President Biden’s American Families Plan, which proposes capping Section 1031 like-kind exchanges at $500,000:
Pres...
Jeff L.
Please explain a basic concept to me: Equity
I've been reading the basics of note investing, and keep coming across people recommending buying notes that have a lot of equity. I don't quite understand it and was hoping you guys could explain it to me (I'm sure i...
Patrick Senas
HELP!! Market Rent Appraisal LOW, contingency already removed
I need advice!! On Aug 3, I removed all contingencies because my loan officer said that everything checked out on the appraisal he received from the VA. He wasn't allowed to show the appraisal until the VA "cleared" i...
Suzanne B.
Creative Title Transfer to Land Title to Avoid Lien Attached to County?
My lender just discovered a lien filed in 2019 against my husband in the county where I reside. When I applied to consolidate my first and second mortgages with a new mortgage through a new lender, I applied alone bu...
Bienes Raices
Warranty deed--need to use an attorney?
The consensus seems to be that a WD is better than using a quitclaim. Is this something I need to pay an attorney to do or is it fairly straightforward and something I could do on my own to save money?
Aiko C.
Question about 3 days pay or vacate notice
LL sent me a 3 day notice for unpaid rent. Notice is written "demanding" rent or "possession of the premises". Of course, I paid the rent. I'm curious if I move out and vacate the premises, can I then sue my landlord ...
Corbin H.
How to fund massive unexpected repair
I had a sewer line collapse at my rental. The city came out and said it isn't city responsibility. Insurance came out and said it isn't covered. Plumbing company doesn't have a payment plan. All in they want $20k that...
Rabih El-Khoury
Cash Flow Potential from $120k/yr for 10 Years?
In your experience, could one possibly hit the $24,000 monthly net-after-tax rental income mark in ten years time if: (1) they had $120,000 at their disposal every single year to invest for the next 10 years; (2) they...