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Hello all,My business partner and I are finalizing on a property management company for one of our property that was intended for a flip when we purchased but we have decided to rent it out for the time being. Is it c...
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Is this a tax or company 401k implication? Create a Solo 401k as a sole proprietor to purchase rental property. Fund this Solo 401k (through rollover) from my active employer sponsored 401k. Rental income flows into t...
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A couple years back, California redefined "Tobacco Products" to include vaporizers regardless of whether someone is vaping Tobacco, tasty flavors, or marijuana. The lease in play only has a No Smoking Tobacco Product...
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New to the board here but have been reading for years. I am a seasoned (25 year) real estate investor and broker. I have searched this forum for answers and discussions but have not found anything so here goes...For a...
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I have been seeing a lot of posts where the word principal is mis-spelled as principle. I would normally ignore spelling mistakes but wanted to post this because this is an important word in REI and would affect othe...
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Hi Everybody, Only 5 months into my lease (1 year agreement) I need to move out of my apartment because there are numerous problems in the building. 1) Poor management (no repairs), 2) lack of hygiene on the common ar...
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New to the REO game but recently put in a strong offer and was told by the broker that the offer had been accepted. P&S and addendum have been signed and uploaded. I was then told that a competing offer had been...
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Hello everyone!
So far things are going as planned. However, we seem to be running into some issues with out purchase contract. Here is the situation...
We found a basic purchase contract online, add...
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Two of my neighboring tenants in the 4-plex quarreled, caused by small kids from one family playing and making some messes on the other family's front yard (the complex has open front yard), then verbal exchanges f...
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I'll preface this buy stating this is the worst closing (closing attorney) I've ever had the pleasure of working with. I've bought and sold many properties over the years. Usually what happens is the buyer goes to the...