Alex Garcia-Mendoza
Subleasing a Single Family Rental
Hi everyone, as part of a capstone project for the MBA program at the University of Washington, my team is researching the challenges with broken leases for landlords with single family rentals. Do you allow subleasin...
Mailee Y.
Looking for a LLC Attorney in California
Hello,My husband and I purchased a 21 unit Motel last year. We are from a small town in Northern California and because of this, we wanted privacy and anonymity. After doing lots of research, it sounds like we knew wh...
Tonya Rasmussen
Does rental income qualify for QBI 199-A exemption?
Looking for a weigh in. My accountant says rental income 100% qualifies for the 20% 199-a deduction. My father-in-law’s didn’t use the exemptionfor his rental income. I assume the accountant is just extremely conserva...
Charlie Moore
BEST WAY TO REJECT APPLICANTS
- Simple and effective way to reject applicants.I do in person showings and an open house style of showings10-15 people apply every timeOnly one can be selected How do I properly reject the other 9?does this sound goo...
Kayla Palmieri
Backing out after under contract
Hi! Me and my dad (contractor) are looking to get into house flipping. We took a course recently and one of the main points the guy stressed was to just "get the house under contract" asap and then do the inspections ...
Joseph Agins
Prepayment penalties on DSCR loans for paying extra?
Loan Commitment states: "There is a prepayment penalty of 1% on the loan for any partial or full principal reduction payments made before the end of the fifth year. After the fifth year the loan can be paid off with n...
Michael Johnson
Is paying for a mentor worth it?
Wholesalers and investors, did you pay for a mentor or did you do it successfully without a mentor? I’m considering a mentor who wants 5k but not sure if a mentor will help scale my real estate business or it’s possib...
Thomas S.
Landlords and Tenants Lawyers
To begin I will say that if you operate in a State that requires that Landlords always be represented by a Lawyer none of my experiences or practices may apply. In our jurisdiction Landlords are not required to have l...
Sandy Blanton
Hold a cash reserve account in property manager's escrow?
Property Managers. In my area all of the larger PM's require the landlord to place a month's rent in a reserve account to cover repairs/etc. I'm the only one not doing it. However I'm thinking about starting such a...
Patrick Connell
Warning Texas Brokers and Agents - Realtors
All:
So, I was at a CMA class today at my local Board and I was directed to a piece of the TREC Rules that would apply to ALL licensed Brokers and Salespersons who do any kind of investing.
Per TREC, wh...