Leslie L Meneus
Ownership of a Business
What "Formation" do I need to use for -my company- to be "taxed separately" from myself?
Jessie Dillon
Commercial loans & personal guarantees
Hi all! An interesting question has come up in my circle & wondering if anyone WORKING IN commercial loans can answer this for us: Example:A new LLC is created for a group of people to purchase a property in. Owne...
Gary Zit
Considering to Buy 2nd non performing note
Hi all, Looking for advice on purchasing of a 2nd non performing.Note is for 4 bedroom , 3,000 sq feet miramar, florida, 33027.Note seems to me have partial equity.Property BPO $350,000First Mortgage is convensional. ...
Shawn Burns
No Permit for New Shower
Hello BP, So about a year ago I had a licensed and insured plumber install a shower in my basement, making the half bath into a full. I was clueless about permits at the time but now I have confirmed that one was neve...
Michael Leung
Trustee Sales and leased solar systems - Arizona
So almost all of our flips start out as Trustee Foreclosure sales at the County steps. But this is 1st time we have come across of a house with a leased solar system. Has anyone had any experience with this situatio...
Michael Glaspie
Hotel Syndication Complete!!!
Investment Info:
Other commercial investment investment in Jesup.
Purchase price: $977,000
My team and I closed on a hotel syndication. In this deal, we purchased a property by assuming an existing loan ...
Pesi S.
Suggestions On Collections Recovery Process
HelloIn June 2019, we got a court order and evicted a bad tenant who did not pay rent for 3 months just for the sake of not paying and had no other issues. The tenant left after the court order and my property manage...
Mark Nielsen
Tennant screening - tax issues
I'm in the process of screening prospective tennants for a new SFH. I have an applicant that came back clean on background and credit check, but when I look at state court records there are many civil cases against th...
J DADD
why is it so difficult to get rid of Bad tenants in New york?
Tenant has not paid rent since August 2019, her lease is also up as of Feb 2020 and she was sent a 60 day notices by the attorney that her lease is not being renewed, she still refuses to move, i found out that she ...
Gabriel Miller
what can I do if tenants abandoned property mid lease
Hey Friends,I have tenants that have not paid October rent yet. I have not been able to contact them in any way. I went to the property today to post a pay or vacate. They did not answer the door and when I looked ...