Chris Lofstrand
Old motel converted to 8 rental units
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $340,000
Purchased 8 unit converted motel on an owner hold in February 2019. Pro forma looks like it should be a...
Lenny Eterno
We Have Termites but No One Wants to Treat!
I have a property in an HOA. My property is the middle unit in a 5 unit townhouse building. All five units have termites but only myself & one other owner wants to treat. I've been told by all termite vendors tha...
Joe S.
Attorney recommendation needed in San Antonio
Attorney recommendation San Antonio Texas. So the situation is I bought a property about nine months ago. The seller signed an affidavit stating that the tenants were behind X dollars. I hired an attorney that was re...
Cynthia Hartley
Who is responsible for knowing city regs and permits?
Hi there,Baltiimore city has a lot of permit requirements, regulations and restrictions for work done in historic neighborhoods. Generally speaking who is responsible for ensuring compliance with the permits and regul...
Greg Feilner
Found a MF that is condemed. Yay or nay?
Thanks for reading! Fair warning I am not a writer at all so please forgive me for the many mistakes I will make.Quick note. This would be my first deal ever.My partner and I where walking around our neighborhood a fe...
Michelle Pepe
Property Management on Arkansas Side of Memphis
Hey guys! Looking to get connected with PM in the West Memphis Arkansas area for some rentals!
David Barron
S Corp or LLC for wholesale flipping?
Good morning everyone, I hope everyone is having a great day. I was wondering from an entity, tax and brand perspective. Is it best to be an LLC or S Corp when your wholesale flipping? I'm strictly assigning the deal...
Jay P.
Testimony for trial questions.
Hello All,State: ILMy attorney has asked me for provide a testimony under oath for eviction (bench trial).What type of questions will be asked? Not sure if anyone know?I was told the following: "I will need either you...
Katherine Beavers
Tax Foreclosure Question when estate owed money
We have a neighborhood home which has been sitting empty for 6 years and is now in terrible shape, ie- total gut, but thankfully a very small home and we would use it as a rental. The previous owner passed away sudde...
Rick Baker
Typical commercial lease
I'm sorry for such a basic question, but I'm not very familiar with standard commercial leases. Ive only dealt in residential rentals. I'm in the process of negotiating a lease on some commercial property for another...