Tony Johnson
Redeeming property taxes,property not probated
Can an heir to a property that the tax liens have been sold for the prior two years redeem the taxes with a will or does it need to go thru probate first ? This is in Illinois. Also since the tax liens have been bough...
Joan Smith
ACH payment late fees Question
My tenant initiated an ACH with their bank two days late. (the screen shot shows they set it to withdraw from their account two days after the grace period). Is the payment considered ‘received‘ on the day they initi...
Ray Slack
Help with Pennsylvania Closing - Title commitment Coal Rights
I'm buying my first property in PA (40 acre campground) and the title commitment contains the language below
in the exclusions. Does this mean someone with prior coal rights can just come in and mine the coal und...
Erica L.
Need guidance with first loan under LLC
Hello all, I’m hoping someone can point me in the right direct. My husband and I have 3 rental units currently in our own name. We just opened an LLC to build our portfolio. We new found a property we are in final neg...
Sean Beyrouthy
Should I buy an investment property under LLC or under my name?
Hello! Two friends and I are in the initial steps of purchasing an investment property most likely being a SFH but possibly a multifamily. We wanted some feedback regarding the way we should structure our partnership....
Michael Lopez
Am I on the right track
Good afternoon. This will be the first year we will be reporting REI income from 2 rentals, and I just wanted to be sure that I am reporting the information correctly. Last year we moved out of our FL condo and moved ...
Ryan L.
Personal residence converting to first rental
Hi All,
I am just starting out and this one question keeps stumping me. Here it is - The house is in my name. The house will be rented in 6 months. I will be doing approximately 7k worth of updates to the house. ...
Peter Xiao
Commercial only developer/investor/broker AMA
Hello, I am new to the site and I just wanted to introduce myself and what better way to do that than an AMA. I have been in CRE for a little over 6 years and my family has been in for 2 generations now. We develop, s...
Ryan Rider
Using parents HELOC to acquire properties
So I’m a long time reader and listener to the podcast and forums. I’m at a point in my life that I am ready to finally pull the trigger and get into real estate. So I have 20k saved and available to put into action. I...
Solomon Burns
Condo In Hawaii for Air Bnb
Hello,Just running this through for some opinions…I live in Northern California and I know it’s Covid and all but we’ve been thinking about getting into vacation property. We recently purchased a property in Napa and ...