Steven M.
Due Diligence Checklist ?
This Friday my wife and I are going to be taking a trip to look at a property that consists of approximately one acre of land located in Maine. It includes a 3-bedroom, 1-bathroom ranch house along with a private stre...
William Hayes
As the owner/landlord. If I remove late fees from my tenants...
I have a question. If I remove the late fees to help my tenants due to COVID... Can I claim them as a loss? And if so, how do I document it?
Janice Ingle
Overwhelming forms
Am I just to new and these forms are standard? I look at the applications and WOW and I shocked.....or am I reading to much into the process? Every place I get info from wants the "Uniform Residential Loan Applic...
Tom B
Buying an office condo
Hi Group,
This will be my first time buying a commercial office building. It's a small office condo less than 1000 sq ft. The price is right for me. There will be a small bank loan.
My question is th...
Patrice Bennett
Bought a duplex on FHA, now what?
Hey BP! Any feedback is appreciatedI just bought a duplex on FHA in Florida a couple weeks ago. Both sides are occupied but due to loan requirements, I have to occupy one side for one year. Tenant-B that has to move o...
Carlos Chavez
Tenant Disappeared, how to deal with eviction
Hi, looking for some advise...
Tenant is behind on rent, tried working with tenant during the pandemic on a payment plan. Beginning the year is nowhere to be found, although all their belongings are inside the house....
Joseph Angelo
Best major for real estate
Hi, I am currently a freshman in college and have decided that I want pursue a career in real estate. I'm already minoring in real estate but still need to declare my major. I have thought of either studying communica...
Gonzalo Escobar
Condo owner expanded their garden unit into common elements
This is regarding a 13 unit building in Illinois that went condo in 1979. The building has 12 above ground units and a single garden unit. In the 1979 condo declarations the garden unit is listed as a 1 bedroom with a...
Susan Hartman
Loan payment terms- "Borrower will pay loan in full upon demand"
Is it normal for payment terms to require the following; "Borrower will pay this loan in full immediately upon lenders demand."? It follows with "If no demand is made borrow will pay this loan in 359 payments." This i...
Hailie Shaw
How to Avoid CT State Taxes
Hello, I used my VA loan to purchase my primary residence, SF house in FL this year. My 1 year mark is March 15th 2023 and I would like to buy a second home at this time in CT. But, I do not want to be a resident of C...