Frank S.
Use of Unemployment Benefits as Proof of Income in Application
Hello,
COVID-19 is affecting may people. What are you doing when tenants applying for a unit use unemployment as source of income? Is this a protected class ? It seems many are working and still collecting unempl...
David Andrews
Due on sale clause question when quit claim to LLC?
I am thinking about transferring my rental property in UT to my LLC. The credit union's (PFCU) Note and Deed have the following clauses:Note:If all or any part of the Property or any Interest in the Property is sold o...
Marian Smith
What does a policy cover? Bonded & insured?
If you hire a contractor who is bonded and insured through a policy issued by a local insurance agency, what is covered?..... in the instance that money was drawn during phase 2 and less than a month later the contra...
Charles Huang
Virginia AirBnB bill in state legislature
As an attorney I wrote a synopsis of a bill that is being considered by the state assembly this session making AirBnB rentals legal across the whole state. As RE investors, I thought it would be relevant. Contact your...
M. Ian Colville
Good renter's insurance company?
Hi! We're thing about requiring that tenants buy renter's insurance in order to rent one of the 300 homes that we own. Does anyone know of a good insurance carrier that we could recommend to tenants? I'm specifical...
Grant Shipman
Know about the Freddie/Fannie changes to the "due on sale" clause
There were changes made to this issue w/in the last couple years. They concern being able to transfer a title into an LLC w/out the due on sale clause being enabled to be exercised by the lender.
Kaylan Haight
Tampa - Which Neighborhoods To Focus On?
Hi everyone,I am in the Tampa Bay area and wanted to reach out to other wholesalers and investors. I also was wondering what neighborhoods are best to look into when looking for distressed properties, specifically one...
Alex Ferraro
Rent-by-the-Room Lease - Chicago
For anyone who has rented a property by the room as opposed to an entire unit or house, or has rented out one room to roommate via a rent-by-the-room house hack, are there any special considerations for doing so in Ch...
Reginald Marquardt
Bought Building under LLC - Dividing the shares afterwards?
Hi
Bought a 2mil buidling last year with family members under a Limited Liability Co. and I am looking to sell "shares" of the LLC to another family member who wants in.
So 'cash out' a bit, if you will...
Tae C.
Tax Delinquent List vs Tax Sale List?? Difference?
Hello all. Was just wondering if I could get some clarity on this question. My county has readily available a full list of properties that are slated for the upcoming tax sale. I am wondering if there is a different,...