Samier Mahagna
College Student Looking to get started out of market
Hello, I am a brand new REI and am excited to get started.I am a young guy still in college. I am studying to become a Software Engineer (and hopefully someday design software for REIs). I have secured a few internshi...
Nathaniel Sconiers
Purchase Price Escalation
This property I'm interested in has a Highest and Best offer due Monday. Should I use the Purchase Price Escalation clause to secure the property? BTW property is located in Maryland.
Andrew Buchan
Log Cabins/Lodges Experts in Scotland - Help Please - Thanks
Hello everybody,My name is Andrew and I am totally new to the investing in real estate/property scene. My apologies in advance if I have a severe lack of knowledge/experience regarding this or come across ignorant - b...
Jay Ben
What determines the class of a building and the class of a submarket?
If the class(a,b,c,) of an apartment building is based on the year it was built than what specifically determines the class of the area? And is the year built how most of you determine the building class? Thanks
Paul Burrowes
Client willing to give up $400K in Equity for a 10 Lease to Servi
I have a client who wants to pay off some loans and leaseback his home for 10 years with an option for additional years. There is a possibility an investor can purchase this home with a note and no cash out of pocket...
Mary Jay
Can I record NOT where property is located?
Hi guys,I live in Arizona, and have couple of properties out of state. Am I obligated to record anything property related in the assessors office where a property is located? For instance, I am buying in Pennsylvania,...
John Graham
Business Entities - SEC Registration??
If I were to create a firm (an LLC) that wanted to buy real estate in. Limited Partnerships are generally seen as the go-to business entity for tax and liability purposes. Naturally, the LLC would charge management fe...
Account Closed
Liability and a double keyed dead bolt
A dilemma I'm having is that my tenant wanted a double keyed dead bolt, and I complied. Both doors have glass that a would be intruder could break and open a dead bolt. Now I hear that could be a fire safety hazard ...
Shaun Palmer
North Carolina - Security Deposit Trust Accounts
Hey BPer'sI am trying to understand the legal aspect of security deposits as it pertains to a trust account in North Carolina. Basically, the NC Statutes state this:§ 42-50. Deposits from the tenant.Security deposit...
Stanley Bronstein
Liability For Wrongfully Towing Vehicle
I got an interesting phone call from an elderly client yesterday. 87 year old woman who regularly goes to the hairdresser every 2 weeks.Hairdresser is located in a shopping center that's next door to a Mercedes dealer...