Michael Hord
malfeasance issue
3 members of my hoa board have commited an act of malfeasance by doing business without a quorum or having a majority vote. They argue that there was a quorum because a member was present by telephone.
For the sake o...
Drew Castleberry
How to issue mortgage to myself so I can refinance at 80% rather than 75%
So I want to purchase a property with cash and then refinance immediately. If I do this I can only do a cash out refinance at 75% LTV. However, if I have a mortgage I can refinance at 80% LTV.I don't have any private ...
Karen Margrave
1st Presidential Debate!
ROMNEY NAILED IT!! I bet Obamas wondering what the heck he can do to get out of the next two! Can't wait for the VP Debate next week. Bet they send Biden with duct tape for his feet, to keep them on the floor and out ...
Hal Cranmer
Post It Notes
Hi,
I am working on trying to get the wholesaling portion of my real estate business off the ground and I have heard that post it notes are pretty good for finding sellers. Can anyone help me with:
A g...
Andrew P.
Tenant's front door was broken during a break in.
We have a tenant (in Austin) that had their front door broken while they were gone during a break in. They do not have renters insurance, which is our fault for not requiring it. (Devils Advocate) If I was to guess,...
Carlos Chavez
Tenant Disappeared, how to deal with eviction
Hi, looking for some advise...
Tenant is behind on rent, tried working with tenant during the pandemic on a payment plan. Beginning the year is nowhere to be found, although all their belongings are inside the house....
Bazie Bates
Should I include Appliances?
Just purchased my first SFR. The property came with appliances. Trying to determine if I should leave them in as part of the rental or remove and have the tenant provide their own. Property management company is sugge...
Mark Douglas
Removing 1031 Exhange 2017?
Came across this article from IPX 1031. Is there a chance this could go away? https://www.ipx1031.com/the-republican-blueprint-for-tax-reform-poses-threats-to-sec-1031-and-real-estate/
Alberto Rivera
Partnership Contract
Hey there!Long-story-short, a friend of my father is interested in investing money in real estate with me (flipping). I feel that to keep waters clear since the beginning, a partnership agreement must be signed before...
Jeff S.
No job but savings
Have applicants w/o jobs but say they have enough savings. They are transplanting and will seek work. This doesn't meet my normal criteria but it makes sense if they have money in the bank they can pay rent which all ...