Before Investing......Have a Plan!!!When we are little we say to others….”When I grow up I want to be a….”Doctor LawyerBankerPresidentEtc.Then when we grow up, we realize that in order to be all the above we need to h...
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Hi I recently acquired 3 properties with ground rent. One does not seem to be registered in the SDAT database, the other two I would like to redeemAccording to the law: The amount to redeem your ground rent is set by...
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I'm researching a property and am running into two issues. First is an illegal apartment in the basement, but I think that's easy to resolve by removing some of the fixtures and then claiming it's a finished basement...
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Hi folks - I am closing on my first rental property (duplex) this Friday and have some questions about inherited tenants. 1. If I close on 9/1, which is also the day rent is due, how do I get the rent payment? I ass...
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Do I need to add myselft to title if I want to flip (do a doble closing A to B and B to C) on a short sale? Im thinking that in order for my end buyers lender to work on the loan they have to see me (the seller on the...
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Hi BP,2 months, I traveled to Vancouver, Canada and I noticed a lot of real estate activities going on. I been wondering as an invest from the US, what are the legal and tax implications of owning properties up there?
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Hello everyone, long time reader, researcher, podcast listener but first time posting, as I finally closed on a rental property a few days ago (wish I was posting on a slightly more positive note).I tried to search th...
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Hello Team,This is my very first post as I've been watching and reading others from the sidelines for over 2 years. I'm excited to be closing on my first multi family four unit property here in DC. The Closing date is...
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We have a LTR about 2000 miles away from us. We have been managing it ourselves for about 3 years with no issue. We recently had a tenant leave after six weeks of living in the property due to work. We would like t...
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I'm applying for a $125,000 construction loan. Lender wants 1 pt. and is offering 5%, due in two years.He wants the 1 pt. ($1250) upfront. I told him I'd prefer it be deducted from loan proceeds. He claims it's refund...