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...
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...
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...
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...
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?
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...
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...
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...
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...
A question – We are looking at wholesaling REO’s. We intend purchasing a REO’s in a llc and then selling our rights/interest in the llc and collecting our fee.
What we need to know are the steps involved in doing th...