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Mother passed away Feb. 9. On Feb. 12, I gave her tenants (now mine) 30 day notice to move (not knowing that California requires 60 days). Tenant has not paid Feb. rent yet, claiming that I do not have legal title...
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To set the stage, my business partner and I sinvested 50/50 on 3 single family homes in Colorado Springs this year at the age of 25 (average purchase price of 230k-240k). He has recently purchased 2 more homes on his ...
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Earlier this year (January), my father passed away and I inherited 14 units (7 structures) free and clear (C propterties). I live in AZ but the properties are in IN so I have hired a property management company. And t...
I'm working on a rehab for rental and pulled up the flooring (vinyl floor and carpet) and noted there was a ton of moisture (wet) in the existing wood floor. The house when I bought had been vacant with utilities shu...
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I need to create an LLC for financing as well as liability reasons. This thread isn't about the pros and cons of forming an LLC.Rather, my question is:Should I hire an attorney to do it "right", or is it good enough f...
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Just got approval for short sale. I owe $200K on beach property and have an offer for $90K. In the short sale agreement it states that the lender or its investors may pursue a deficiency judgement for the difference...
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Hey everyone.Just wanted to gauge sentiment here. If you are planning on buying property on the next dip, what percentage decrease (I.E. 10%, 20% decrease from price highs) would you target for adding to more properti...
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http://gilsonusa.com/sites/all/themes/gilson/pdf/ACCA-Northerners-ReplaceFurnace1.pdf
My furnace guy called me about this today. I hadn't heard this before. Any furnace installed after May 1, 2013 needs to be at leas...
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Hi folks. I've been listening to the Bigger Pockets Real Estate podcast and the newly formed business podcast. I also listened to the audiobook 'BRRRR' by Mr. David Greene. And of course my first real estate book was ...
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I need some help evaluating a commercial deal I have in mind. This is the first commercial property I’m interested in. This property is a 17,300 sqrt class B commercial building located in Wake County, NC. The tax va...