Dennis Weber
Received Subordination Request Letter
I received a letter from rsdoctrack.com stating that my second mortgage note was mistakenly recorded first by the county in 9/2002 and would like to sign a subordination agreement to make their first a first again. My...
Henry Clark
Self Storage- Remote Management
Just got back from Belize for a week. Two months ago, was in Sicily/Italy. During these trips we still managed our 7 Self Storage locations remotely from those trips. The following is a summary of key elements to a...
Stephanie Walkes
DIY Recommendations for a Newbie
Hi, I just bought my 4th rental property but I don't have much money for the rehab, so I'm thinking of attempting to do some of it myself. Of course, I wouldn't attempt anything like plumbing or electric, but I can p...
Mario Valenzuela
"Helping" Tenants and Making Exceptions
Have you ever heard, "An appeaser is one who feeds a crocodile hoping it will eat them last." by Winston Churchill? Landlord-ship can be a dangerous jungle and an experienced property manager can help you make it out ...
Thomas Richter
How to sue a self-directed IRA?
Hi all,wondering if anyone can shed light on how to sue a self-directed IRA properly? We were in a purchase contract for a property titled in a self-directed IRA.We canceled but the "owner" (beneficiary of the IRA) re...
Shawn Wainsely
Voiding Contract with Property Manager: How to go about it???
I own a rental property out of state in a college town, so I am utilizing a property manager. This manager has been a problem from the beginning.
Now its December 20th and I have not received the tenants checks, she...
John Menton
Master lease option help on commercial office.
What's up BP, I've been talking with a property owner that may be open to doing a master lease with option to buy because I currently do not have the cash needed for traditional financing and he is looking to unload s...
Cynthia Hartley
Quit Claim Deed for Washington, DC
I purchased a SFH as a rental in my name. After extensive renovation - which will be presented in another post at another time - I got the house rented and now wanted to put the property into an LLC. However, I could ...
Troy F.
Do you have to respond to that needy tenant that calls everyday?!
I have a conversion four plex in Wisconsin which has some great long term tenants. I am finding it difficult to respond to a particular tenants needs every day. They call daily with questions like; do you think the ...
Will B.
Taxation of Unrecaptured Section 1250 Gains
Hello!Set of facts:- Lived in a residential unit as a primary residence for a number of years.- Converted to rental and depreciated it for 2 years.- Sold in 2023.- Purchase price: $250k- Sale price: $350k- Depreciatio...