Remone R.
Tenant breaking lease
So one of my tenants are soon as she is getting a voucher for new housing and has asked me if she can break her lease. Her lease ends November 30th, but in October she signed a new lease for 6 months starting Decembe...
Jennifer Handlin
Contractor contracts with a share in the profit
I flip homes and have been the GC on the projects, I would like to find a contractor/partner to share in the profit and in exchange manage most of the GC work, while foating his labor until the house sells and receivi...
Eric Gibbs
Finding lists for land flips
Hello all! Beginning a career in RE and I planned on starting with buying and selling vacant land parcels that are delinquent on property taxes. I learned that I could acquire lists from local parish tax assessor or s...
Meredith Mihm
Owner financing: interest due on sale!
Help-- should I do this? I just negotiated an owner financing deal that I am happy with. I like the down payment and the monthly payment. The property is distressed, and I will be getting it for a good price. He wants...
Lutfi Kadd
Partnership structure with contractors for flip projects
I'm considering partnering with a contractor to do flips. All costs/acquisition/marketing would be on me and the contractor will manage the construction project side of business. what would be a good rate to give him ...
Colton Mckell
Buying tax sale property
2 years ago I did a hard money loan with max monthly interest. I recently have been paid part of the principal, but was still in a situation on the interest owed to me. Recently the property that had I had up for c...
Branden Vandette
Gifting a house?
My mom inherited the house from my grandpa and wants to gift her previous house to me. What are the steps to get this done? Would I have to pay any taxes?
Colton Mckell
Buying tax sale property
2 years ago I did a hard money loan with max monthly interest. I recently have been paid part of the principal, but was still in a situation on the interest owed to me. Recently the property that had I had up for c...
Holly Barrett
Credit Security Deposit?
So I have this scenario:Tenant early termination, fee = $800 (equal to one month's rent)Security Deposit = $700 He is entitled to security deposit as per condition of unit, however he has not paid the early term fee, ...
Tiffany J.
Breaking a lease in Illinois
Hello! Here's a scenario for you. Tenant signed a 12-month lease in Chicago at end of March 2021. Tenant needs to move out now on May 22nd because tenant bought a house out of state. The landlord requested that the te...