Steve Scherrer
Re-plumb: Expense or Depreciation?
My rental condo is at a point where I need to replace the water supply lines in the unit. The existing plumbing are the old polybutylene pipes that become brittle over time (30ish years) and are prone to developing l...
Lisa Geiger
Legal Help Seller Ripped Off the Porch Before Closing
Hello! I am looking for some legal advice here. I recently was under contract on a house, the seller had an existing inspection report from a buyer who recently had it under contract. My real estate agent was unaware ...
Austin V.
Hard Money Sources - Which one is the best for the experienced?
I am curious what source of funds everyone is using for deals. Especially for those that have done a few more deals and have exhausted "Friends and Family" money.Currently, I am considering using:"Builder Finance""Fi...
Mike Rash
How to structure JV
I am planing to enter into a JV with another partner and need some opinions on the best way to structure this deal.
1. I will by the LAND with my own funds for $420k (NYC area).
2. Will work with the ...
Marc Shin
Under contract on an Older Home (early 1900's).. issues
I'm under contract on an older-home. Like early 1900's in Florida. Home inspection completed yesterday. The 2 main issues are that there's a leak in one of the bathrooms that is causing water to flow under the sub-...
Justin Goodin
Apartment Investing in Indiana
Hello,I am in the beginning stages of purchasing an apartment building, hopefully between 10 and 30 units in Indianapolis(or surrounding areas). I am currently speaking with a couple brokers and analyzing deals. I hav...
Eddie Brown
Recommend a compensation model between a rehab developer and financial partners?
I've been a broker for 7 years. I recently moved to a new market where rents are relatively high against low purchase prices. I am tempted to set up an LLC and offer investment opportunities to my clients back in Mass...
Ryan Laiola
How does a 'Deed in Lieu / Subject To' work with 1031?
I am selling my investment SFR and executing my first 1031 exchange. I have been approached by other investors offering to take over my low rate mortgage and pay out my equity in cash in exchange for a deed in lieu. ...
Octavio Warnock-Graham
Shared wall liability question.
Hi All,I have a weirdly specific legal question and I hope someone out there can help.I own a 2 story building in NYC. My building shares a common wall with a neighboring property. However, the neighboring building is...
Turner Wright
How to structure Owner Finance—Texas
I’m in a bad deal and I want to know how to structure an owner finance transaction to minimize my losses.Quick Backstory: I purchased a deal from a wholesaler in an investor-active neighborhood, but estimated too high...