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Hi, I have a situation with a difficult tenant. They haven't been up-to-date with paying rent on time. They've paid eventually but it seems to be getting worse. I don't want them to slip into me chasing them for rent...
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Hey fellas,One of the members of our LLC wants to contribute his personal residence so that we can 1031 exchange it up to a larger multi family. If he moves his personal residence into the LLC would that allow us to 1...
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So I came across Jeffcomm.org which is a website that lists the foreclosures for auctions. They meet once a month on Tuesdays I believe and auction houses. I was considering going this coming Tuesday or next month and...
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A woman had her house up for sale. I looked into it. Found out it was heading for a Sherriff Sale. We agreed on a price. My cash funding could not come through so all could close until 1 day after the sale. Is there a...
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Hi all,I am in the process of refinancing my AZ condo ( title in my and my wife's name). I would like to transfer title to a LLC at closing. Since we are California residents, what would the process be to setup a LLC ...
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Hi Investors,One of our tenant recently moved out. We are still waiting for quotes for some of the fixes. If we have not fix the issue yet(cracked tiles & garage doors), can we still deduct the security deposit?...
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Hey All,I'm wondering if anyone knows if it's possible or if there is a way to perform a 1031 exchange for a property that has yet to be built? My Dad will be selling his properties up North and wants to exchange for ...
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Hi All, I have a tenant who has come back to me requesting her 400 dollars of the 1200 dollar security deposit. She was 1/4 roomates and did pay 400 of the 1200 deposite. They all vacated the property early due to co...
In order to do a 1031 exchange do you have to reinvest the total amount that you sold your property for?
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We have a SFR in Michigan that was taken back at the FC sale last December and the redemption period expires on June 6th. The borrower may still be in the property and one strategy we considered is to approach the bor...