Nili Yosef
Security deposit question- has to be in a savings account?
Hi all,Am i legally obligated to keep security deposits in a savings account? is this only if the property is under an llc or also if it's my name?Thanks!
Karin Crompton
Business LOC - does a newbie have a chance?
Hello - a friend suggested tonight that my business partner and I apply for a Business LOC with a local bank and is connecting me with a person there to speak with. I'm concerned, however, about whether we have a chan...
Account Closed
Body Cams For Property Visits and Maintenance
Generally, when I visit properties I like to request the tenant to be there while I'm there so that my activities are "monitored". I have a rental that the tenant has stated he has no problem with me entering without...
Pat Sheldon
ROBS
ROBS: Rollovers as a Business Setup
Have any of you used this method to tap into 401ks/IRA's to fund a commercial venture?
Would love to hear your thoughts, THNX
Jarid S. Johnson
Self Directed Retirement Fund
I have been hearing and learning more about Self Directed IRAs. My CPA suggested I look into a ROBS account, (Roll Over for Business Startups) but I have to form a C Corp in order to do that. I currently have an LLC.I...
Cory Smith
How to Structure a Home Purchase with Two Couples Buying
My brother and I and our wives are considering buying a house together in the Tempe, AZ area. My wife and I would be living there seasonally, and my brother and his wife would be living there year-round. It will be th...
Christopher McCormick
First Time Young Buyer with a Few Questions
Good afternoon everyone!
Considering this is my first post, I would like to start out by saying what an awesome and educational forum I consider this place to be. I have been lurking around for a while now as a gues...
Mark Cison
FHA Co-signer/borrower rules changed?
So... I was slapped with a mortgage denial from the lender. The whole FHA 203k project is fantastic on paper, with the total purchase price + 203k standard rehab totaling to 565k on a 2 unit to 3 unit (legal) conversi...
Nkiruka Okeke
How do you get up to speed quickly
A lot of topics have been discussed before, so many problems have been solved and I'm trying to read as much as possible to really get up to speed. There is years and years of knowledge and experience on the blogs, i...
Aaron M.
Tenant is in violation of lease and refuses to comply
I am having difficulties with my tenant (The property is in California). He put up a swing on a tree on the property without prior permission and is refusing to take it down. The lease was drawn up with a California...