Jennifer Donley
A Week in the Life ...
I saw a post last week where someone lamented how many success stories and how few horror stories get posted on here. So I thought I'd start one to give a little potpourri of what I experienced in the last week in my...
Justin Goodin
What happens after I invest in a real estate syndication?
So, you’re sure you want to invest in a real estate syndication, you do your research, and you lock in a deal. Now what?
After you’ve sent in your funds for a real estate syndication deal, your active participation ...
Yael Fuerst
Taxation of Profits from Loan Interest as an LLC
Hi,I have an LLC that I opened for my real estate properties and have an opportunity to loan $30,000 for 10% over 1 year. My question is what would be my tax on the profit? From reading other posts do I understand cor...
Mike Landry
When is this income considered earned
My wife is a newer Realtor. She earned a commission on the purchase of OUR house that closed on December 30, 2016. However because it was our house she forgot to pick the check up at closing...it was a busy day. So...
Nicole Andres
Rental Lease questions
Last October we received a single paper document from the new owners of our apartment complex. It was headed as a Lease Renewal Request, originally we moved in June of 2017 and this is the 3rd owner. There was a lapse...
Mike Russo
Automate Your Rent Payment Process
Hi all,I wanted to share a process that I just started using to automate my rent receivables. Chase bank offers a service called QuickPay, free to its customers. QuickPay is a process that you and your tenant can use ...
Shmuel Waldman
Help me with late fee clause in contract
Can anyone suggest how to word a late fee in a Rental Contract
Michael Jobe
Referral/Finder's Fee Agreement
I was contacted by a colleague based out of FL whom is representing a group of investors seeking off market properties as their buyer's agent. I was able to find a bunch of property for them and our verbal agreement w...
Joshua Poitras
Creative financing and sellers taxation
Does a “subject to” purchase go on a head and closed on record? If so does a seller pay taxes on that purchase? Or does the buyer simply start making the payments on the sellers behalf and he just has the deed deeded ...
Kharhak Singh
Yellow letters
I have received an absentee list and will start hanging door hangers. Just a question, would you recommend putting them on the home that they own (do not live) or to put it on the mailing address home (the home you li...