Sarah Reynolds
"Please remove me from your mailing list"
Hi all,I've heard many real estate educators say that they never remove anyone from their mailing list after sending out a direct mail campaign, even when requested to do so. My question to everyone is, do you remove...
Bo Wagner
Deed is DONE: Issues related to deeds (GA focus)
The last time I wrote about deeds I discussed the different forms of deeds, such as Quit-Claim Deeds, Security Deeds and Warranty Deeds. Look for “Doing the Deed” elsewhere in BP. This time I’m going to discuss sever...
Chris S.
Seller Did Not Disclose Lead Paint
I recently closed on a two-family and I figured (because of the age) that there would be lead paint in the building. The seller told me they had no knowledge of lead paint, which is common enough. I assumed I would ...
Ivan Burley
Acquiring a weekly rental lease! Can I change the terms?
If all goes as expected I'll soon be acquiring a lease on a duplex that is week to week. I was wondering if I could draw up a new lease that is yearly! There is a clause in the lease that says the agreement is ren...
Mark Hu
Wiring deposit funds before purchase agreement signed?
We recently had a seller request we wire the deposit funds into escrow before they signed the purchase agreements. We backed out on this request. The escrow agent said that this was common practice but we have never h...
Ivan Vargas
SEC on Crowdfunding or Fractionalized Ownership via Land Trust
Let me start off by saying that I am not seeking legal advice here on a public forum. I am however hoping to initiate a legal debate and invite all legal professionals, and those who focus on or have experience with C...
Greg O'Brien
PPP Forgiven Funds are NOT Deductible
IRS released guidance yesterday saying that any PPP expenses that are forgiven are NOT deductible for Fed income tax purposes. In essence, the forgiven funds are taxable, in direct conflict with the Cares Act. Congr...
Scott W. Cook
How much should you invest to get investors?
Hello investors,
Having worked with several syndicators, I've seen quite a bit of work being done to create a list of potential financial backers. I've seen this done for apartment investors as well as flippers, who...
Beary Bowles
Airbnb/roommate won't leave during eviction, now she's crazy
This is going to be interesting. I have a 5 bedroom house that I've been using for Airbnb and also occasionally roommates. During the quest stay, I agreed to have a verbal agreement with a roommate for $140 a week. ...
Al Banfe
Property Tax Calculator -Palm Beach County Appraiser site
I am looking to buy a property in the West Palm Beach area, and just read this on the Palm Beach County Property Appraiser website:
"*Buyers take note: Taxes will change and often increase substantially when a proper...