Jorge Liang
Turning off electricity service while tenant is living there
Los Angeles market. Tenant pays rent on time. He has not paid utilities since Aug 2022. I am currently going through the Small Claims process to recover the unpaid amount. The electricity utility account is under my n...
Brandon P.
Free and clear impound account with monthly ACH
Is there such a service? i have looked. I bet it would be a popular service
Collin Parody
Sub2 Hybrid Deal Question
I am looking to purchase a duplex subject 2, keeping the low interest rate, while seller financing the rest of the equity. I am a mortgage professional by trade and the one worry I have is changing over the taxes and ...
Michael Myers
No Due on Sale for Fannie Loans to LLC?
Hi Lending Specialists! I was talking with a lender today and he was under the impression that loans processed through Fannie Mae’s Desktop Underwriter (DU) would not be subject to the dreaded due on sale clause if th...
Harish Gowda
Rollover IRA 60 day rule
Good afternoon,i am wondering if anyone could share their experience about transferring funds of a rollover IRA from one custodian to another; wherein funds via check. I plan to utilize the funds and deposit it to t...
Steve G.
Who pays closing costs?
Hi guys,We have a seller who's interested in putting their property under contract with us. They have an issue with paying costs at closing, however.Our contract states that they pay the costs of preparation and trans...
Chris T.
Best Wholesale Entity?
I was considering using an LLC for my wholesale business, but it seems that I would have to pay capital gains tax and self-employment taxes with an LLC or a Sole Proprietorship.
And, since I'm not investin...
Bryce Bradshaw
Online management and landlordbig from a distance
Hey BP! My wife and I purchased a duplex a few months ago and are in the process of learning to be Landlords! Are duplex is located in Idaho falls but we do summer sells so we will be gone from April-September. What I...
Robert Larue
Help Collecting Rent From Tenant Only Using Checking Account
Hi all, Wondering if anyone has any ideas: I have an older gentleman as a tenant who does not use the internet or email. Additionally, I believe he is battling some kind of dementia and he forgets where to send the re...
Chris Schoonhoven
Finding private lenders while spending no money
Hello,
Does anybody have suggestions on where to find private lenders if you had no money to spend to do so?
I've recently purchased a list and started to send brochures to them but this can cost money. So, I wanted...