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Good Morning Everyone, I wanted to learn what other folks are using for tenant background, credit and criminal checks. Our current process is thru a website called Avail and that has been pretty smooth but the appli...
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I recently had a thread about this. We have a property that we just recently acquired through a lease option. Long story short, the only tenant would blow us off when we would go to her to sign the lease. Here i...
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Hi all,I have a potential seller who is clearly mentally ill. I've talked to her on the phone a couple of times and it's certainly interesting each time. Obviously, entering into a contract with someone who's not of s...
Is it normal procedure to request a copy of the drivers license and social security card, and an application fee, before accepting the application? I want to make sure that they are not using someone else's name and S...
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Hi folks, as the title suggests, I'm trying to figure out if there are any limits on the number of renters you can have in a single family house in La Mirada, CA (which is in LA County). I know some municipalities onl...
Hello Everyone,I am looking to get started into real estate investing, more specifically wholesaling. I have been doing research for about 4-5 months now, and my concern is that when it’s time to put a house under con...
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This is my first rental in a B/B+ 4bd/2.5ba area asking 2k rent. 2k deposit. Pet friendly. No evictions. No felonies. Owner pays trash, water, utilities. Responsible for mow and snow. Using mysmartmove to screen. I'...
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The good of it, was free reign for STR's. The bad, was that the few are now ruining it for the many. City's are beginning to crack down heavily on STR's and Scottsdale is already enacting new ordinances, limiting th...
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I know this is the millionth post about LLCs. I've talked to two investors in California and they said if a property is in an LLC, your heirs (my kids) would lose the step up basis. For example: if I bought a house in...
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Question to put out there.Situation: A family member just setup a trust recently (unsure how it is exactly setup). They have their home (with a mortgage) and own 5 or 6 parcels of land (free and clear). They are holdi...