One of my attorneys has been following this case and sent me this link to the L.A. Times article:
http://www.latimes.com/business/la-fi-house-thieves-20140124,0,309265.story?page=1#axzz2rQTi3H9w
I've fo...
Closed the other day on a bank owned property. I have read and been told different things about unpaid HOA fees from the previous owner. Anyone know where I can find the info for Florida?
Hello everyone, Im planning to house-hack a 6 bedrooms house. Live in master bedroom and rent other rooms. I know I gotta be careful with the people I let in my house. I'm would probably run a background check for eve...
For example if I wanted to run an ad looking for potential sellers would I run into any legal trouble without a license? I've heard, in Florida at least, you need a license to wholesale.
If one were to get a hard money loan for a flip and say the term is 5 months and the house doesnt sell, what happens if the borrower cannot pay the loan back? Does it go on credit? Will the lender take the property? W...
Looking for an example mortgage/ promissory note (Contract for private lenders) for private "family" lender. I have a family member whose willing to invest with me to purchase my first apartment building, they want mo...
Hi all, we're looking to hire our first management company and are starting to vet some of the options in our area. One area of concern we've come across is the tendency of these companies to include some language in ...
Does anyone know where the 27.5 and 39 year numbers for deprecation schedules came from? They seem so specific, 39 instead of 40, 27.5 instead of 30, does anyone tax savvy know how these numbers got placed?
Hi. Forgive if this question sounds foolish. I bought a partly occupied 3 unit fixer upper in Irvington. I want to deposit the tenants' security deposit in an interest esrming account. I looked up the laws concernin...
I recently bought a property in Cobb county Georgia and the property has 2 houses on it under the same address. My wife and I live in one house and I plan on renting out the rooms in the other house. Are the tenants t...