Carl Fredrickson
Becoming an accredited investor
I'm still a while off from needing these answers, but out of curiosity...How stringent is the $1million net worth requirement to become an accredited investor? Is it to the penny, or is it more of a rounding thing (so...
Chris Reyes
Question on Turning a Duplex into an LLC
Hello Everyone,I am currently under contract for a duplex between my father and I. My question is, after closing, is it possible to put the duplex into an LLC. I want to ensure that both my fathers assets and mine are...
Jack Plantin
Too risky to convert and rent out illegal basement unit?
I'm in the middle of an deal for a legal two-flat in Chicago with FHA financing, but the numbers only work if I convert the basement into a livable space. FHA loan + expenses is $3000, Rental income with 2 units is $3...
Ryan Kirk
Legal Duplex conversion in Hamilton Ontario
Has anyone gone through the process of converting a single-family home into a duplex legally? Working with the city, getting permits etc. I'd love to connect & get some advice. Thanks!
Jeff B.
Need to change Florida debtor, and collections laws.
To any Florida landlords, I am sure you know the over complex and ridiculous procedures you must follow to evict, claim a judgment, claim a writ of garnishment, and have laws that allow someone who owes you money t...
Paris Naberschnig
Zoning and Building permit
Looking into buying a property thats zoned A4 general residential. The property is currently a single family home but could easily be converted into a 3/1 duplex. Who with the city do I need to check with before makin...
Karen Moysi
Land Contract
I have a buyer who wants to put $40,000 down on a $94,000 purchase . Term is 12 months. Will pay off remaining balance with inheritance. I really want sold and it has knob and tube wiring and other older features that...
Nicholas Hariprasad
LLCs and Out Of State Investing
Hey guys, my dad had opened an LLC a few years back in 2021. We had opened the LLC in the state of PA. Can I use this same LLC in other states like Cleveland, Indiana .... An upcoming payment is due. The business will...
Robert Prieto
Can a Property Management Company Become the Rentor Then Sublease
The law states that property management companies must be a licensed broker. Im wondering if there is a way around that. For example, can a PM company sign a lease agreement with the landlord that states that a sublea...
Corey Scott
Making a Contract Legal in FL
So I have read you must give a deposit in Florida to make a contract legally binding. Is this true and if so does anyone know the minimum amount?