James Phan
Business Partners forming LLC as a master lease (Sublease)
Hi There,
I’m hoping this is the right space to seek feedback on a business structure for sub-leasing commercial space. Myself, and 2 other partners have an interest in leasing warehouse space. At the moment we only ...
Lesley Whitley
Rehab - how do you know when enough is enough
When you get into doing a rehab ... whether big or value add cosmetic .... what criteria do you use to know when it is "good enough". It is so hard for me to hold back on not replacing something, just so it looks new...
Robert Lemley
Questions for my lawyer.
Hello,I am meeting with a real estate lawyer, and I want some suggestions on important questions I should ask him. It will be my first meeting with him to get to know how he operates. Anything will help. Thank you.
Sandeep Agarwal
Notice to quit in Ct
Sent notice to quit by email to tennant for non-payment of rent. What happens on 3rd day if he hasnt paid?
Laurence K.
Grantor Trust (Australian)
I have an Ohio LLC (single member-disregarded entity) that is 100% owned by a Wyoming LLC (single member - disregarded entity) that is 100% owned by an Australian Discretionary Trust.I am of the understanding that the...
Jason Malabute
Estimating Rehab Cost
While estimating rehab costs before you have walked through all the units in person, I highly recommend you assume that all of the units need a complete interior rehab! Even if the owner tells you otherwise, you sho...
Craig Comstock
Has anyone started an LLC for flipping houses?
I recently bought a new property and started renovation with a contractor. I plan on selling it and using the funds to buy another property to renovate. I was wondering if anyone has started an LLC to flip houses and ...
Lisa Casey
How to report expenses on a rental when adding an addition?
We decided to add an addition, master bedroom/bath, to our rental house. It did not go as planned and need advice on how to report expenses with no current rental income on my tax return. The rental house was shut do...
Breelon Bryant
Fannie May renovation vs FHA 203k
Here is the situation: I have a 650+ credit score, 10k saved in bank, looking to buy either a duplex for 100k or another duplex for 150k. I will be buying my first home ever as a primary residence along with “house ha...
Thomas Sulz
Mother Selling House
Hi All,My mother is looking to sell a condo that she has owned for 20+ years in Marathon, FL. She is estimating that the value of the condo is approximately $200,000. Her plan after the sale is to give the money to my...