Gordon S.
Filing EIN confusion.
Hey everyone, EIN filing time for my single member LLC. My attorney was so kind to include some documentation about filing for the EIN...but alas my simple mind cannot figure out this quote for some reason. Or maybe I...
Loren Becker
Assignment using a C.A.R purchase agreement
Hi BP team,I recently put a property under contract using a California realtor. I used the C.A.R form RESIDENTIAL PURCHASE AGREEMENT AND JOINT ESCROW INSTRUCTIONS. The 1-A line is noted as my name or ASSIGNED. Has a...
Chris D.
Has anyone moved to a market to buy rental property??
Hi All:We see so many posts about out of town investing. Has anyone on this board actually moved to the out of state/out of town market either for a short term or a long term specifically for the purpose of building a...
Matt Durik
Not renewing lease on a tenant.
Question, There lease isn't up in till the end of April. After giving them notice ( 30days). They don't move out. Will this start the basic eviction process? If so give them more notice so they stop paying rent and st...
Shane Monahan
Good learning lesson Ether learning or Wining
Hi guys.
I just listed my first property for rent after being very selective. It's been about almost a month since I listed. I finally found what I thought was a good fit, the tenants were 2 brothers and a 16year ol...
Kathy Henley
Does the IRA need an EIN number?
When my LLC issues a K-1 to its investor, who's tax ID number is entered for the recipient? The investors SSN? The investment funds came from a self-directed IRA so the partner is not a person, but an IRA account. Yet...
James Ehrig
Process for wholesaling in California? Double Escrow?
Hi all,
I have read many forums and talked with other investors along with interviewed a few title companies about this subject and everyone has a different answer.
For some reason everyone one has a...
Ryan M Corder
Broker In Charge From Hell?
So the title might be a little extreme, but this is our first go at this and aren't sure. We are supposed to close on our first flip tomorrow! It is a townhouse we bought at the courthouse and luckily the rehab was j...
Lucas Pfaff
Tenants Pay a Portion of Appliance Repairs
Hi all,I've been advised to add a clause in my lease stipulating that tenants pay for a portion of repairs. The idea being that such a clause will prevent them from calling in repair people without thought. Historical...
Howard Yang
Lower risk of being targetted for lawsuit in commercial RE
Trying to evaluate the benefits of NNN single tenant investments so have a few questions:1. Are landlords of commercial real estate (especially single tenant NNN lease) less likely to be a target of lawsuits? I'm gues...