Jill Rene Petik
calculating house hacking yield correctly
Hi there, I'm trying to (properly) calculate the yield for a potential ADU build that would allow me to house hack my second primary residence. I purchased a new primary residence 4 months ago. I'm looking at a const...
Taylor Robertson
Should I wait to start paying closing fees until after verifying property condition?
I am under contract for a duplex. I viewed the vacant unit last week, which was in excellent condition. The other unit is currently occupied, and I plan on viewing it this weekend because the seller’s agent wouldn’t a...
Sean Dougherty
Probate Foreclosure Question
Probate property in foreclosure. PR is a court appointed special administrator. Special admin will not submit my purchase offer to lender or for court approval. They have no other offers and alternative is foreclosure...
Riley Holt
Why can’t I understand this?!
So I understand the private money lender as it pertains to say a flip. I find the deal, private money lender pays the down payment plus rehab or something close to that, once done I sell the house and after the invest...
Francesca Zanzucchi
Recommendations for Rent Collection Platform/System
Does anyone have a good system or platform they are using to collect rent from tenants? We are currently using RentRedi but there is a long lead time from when the tenant pays to when the money is deposited into our a...
Joe Wood
single vs multi member LLC
Hey Guys,I'm debating whether or not to set up the LLC as a single or multi member. I have been reading numerous articles/references on which to choose. Still awaiting my accountants response but he is hard to reach.I...
Jonathan Orr
2nd deed of trust filing
Hey BP, I am setteling a lawsuit and a portion of the settlement is that I am securing my settlement with a 2nd trust deed on a property the defendant owner. To paint the picture, the building is worth approximately ...
James B.
Tenant Walk thru 30 days before leaving
A tenant wants a walk through more than 30 days before leaving so they know what needs to be corrected in order to get their full deposit returned. I'm fine with that but am concerned if they do everything I see a...
Jeff Spacek
Tax Laws and Changes
Hello Happy Thursday!Does anyone understand what these new tax laws mean when it comes to real estate?Does this mean everyone who owns a corporate entity will pay less in taxes across the country?Final question, does ...
Matt Treece
Tenant abandoned property
New investor troubles. I have a rental property that the tenant has vanished. It has been about 10 days since I have heard from them and the rent has not been paid for this month. Oct. Is the only way to deal with thi...