Greg K.
Power of Attorney vs. Temporary Conservator for Preempting a Sale
The situation I describe here of course can and will be handled by a qualified attorney. However I want to understand all of the options and steps myself, even if an attorney will ultimately handle things.Please forg...
Mike Schorah
When and how do I get to close?
I put a property under contract. I submitted the Purchase and Sales Agreement to the title company with a $100 deposit.
I assigned the contract to another buyer. I submitted the Assignment of Contract to the title co...
Joshua W Sommerfeld
Partnership structure to help father retire
Hi folks -- I am new to this wonderful forum and excited to get involved. I realize partnership / profit sharing structure is frequently discussed here but I couldn't find an answer that matched my situation.My goal: ...
Roy Bias
First rental property
After about 4 months of looking at different properties, I've finally closed on my first rental! Only bad thing, in my opinion, is that its a condo. Condo fees are currently $205/month (it will go back to $125 after t...
Marshall Hooper
PM is keeping security deposits rather than charging monthly fee
I'm looking into buying a portfolio of duplexes and when I asked what the PM fee was, the owner told me that the PM keeps the security deposits as her compensation instead of charging him a monthly fee. He also said s...
Trent Willey
Understanding refinancing How does BRRRR work?
Sorry noob question regarding refinancing. I searched the "browse forums" and did not find an answer. I'm not understanding how the refinance works at maintaining cash flow. What I mean by that is for example say a...
Peter Hightower
Anyone Interested in Starting a Meet-up Group in Del Rio???
I realize it's probably not the best time to be starting a traditional meet-up group, but I think we can organize something via Zoom if we get 5-10 folks interested and lay a foundation for some actual meet-ups once l...
Chris H.
Underutilized Site in Orlando, Ideal for Redevelopment
I have found a site in Orlando that is due for redevelopment. The site is not currently on the market at this time. The current owners employ a strategy of buy and hold and are not developers. I believe this would b...
Sam Khatri
Can Previous Owner return back after i take possession?
Hello, I took possession after the auction after couple days by changing locks. I had my new owner sign posted. After couple days previous owner calls and says i havent abandon the property i have my things in there a...
Alice Chen
1031 Reverse Exchange - CA
Has anyone done a reverse 1031 exchange, esp in CA? Do you have any advice for someone who intends to complete this type of exchange and a company that would do this? It's hard to buy homes in the bay area, so that's...