Alejandro Antonio Taylor JR
Securities compliance and investor liability
Hello everyone,Have a question in regards to engagement with a real estate lawyer and the risk of being sued by investors if an investment in a Multifamily property. Part of an engagement letter with a real estate law...
Dan N.
Just closed on 1st property - Here are some lessons I learned
So after 1.5 years of searching, putting in offers, losing deals after inspections, yesterday I finally closed on my first investment property.
I put together a document of all the lessons I learned that I did not ...
Michael Glaser
SBA EIDL Loan Terms | Is It Worth It For $25K+?
Thought the EIDL contract terms for those approved needed its own thread.I was approved and I'm at the signature stage of a loan above $25K. I understand the collateral, but the Requirements for Relative Collateral ar...
Padric Lynch
Can I pay a contractor with cash and still write it off (taxes)?
Can I pay a contractor with cash, but still write it off as a business expenses. If so, what is the best method for doing this? Should I be creating invoices and receipts to document and show proof of money's going out?
Danny Duran
Buying a Property with Mold in it
BP community--I went under contract on a north side Chicago multifamily property (4-flat) this week (thanks @Brie Schmidt ). Basic inspection (thanks @George Foster ) and mold inspection occurred on Wednesday. There ...
Account Closed
Oakland Triplex Tenant Eviction for Renovation
I'm going through the process of assessing and making an offer on a multi-tenant building in Oakland.My main concern is that all the tenants are paying well under market rate ($800 for 1br, $700 for 1br, and $900 for ...
Jenifer Levini
Wondering about forming Delaware Series LLCs in California
Has anyone started up and run a Delaware Series LLC in California? What are the pros and cons? It looks like having the "series" which allows many LLCs to be operated under one umbrella LLC would be much more economic...
Donna Talley
Disposition of Deposit
7 days ago we had to send a Notice to Pay or Quit. Tenants have till Friday, August 18 to pay two months rent or be evicted with a move out date of September 16. My question is...if they are being evicted are we requi...
Becky Jairaj
Foreclosure / auction following a death
I live in an older condo association and at our annual meeting I learned that one of the owners died January of 2018. The association president has been unsuccessful in reaching next of kin regarding the condo and any...
James Wise
Clayton Morris seeks over $7 Million from James Wise for Film
Clayton Morris is seeking $7,176,000 in damages from me & HoltonWiseTV for releasing the documentary about the Real Estate scam allegations involving him, Morris Invest & recently indicted Bert Whalen.
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