Trevor Schumann
CAN LANDLORD RETROACTIVELY REFUSE LATE RENT & PROCEED WITH EVICTION PROCESS?
I am on the dark side with this question. My current land lord in short wants me out. 1 day after the 3 day grace period I got a notice to vacate. I went to the office with the cashiers check and the land lord signed ...
Justin Foster
How should I outsource bookkeeping?
I'm looking for advice on how to best outsource bookkeeping for a rental portfolio of 15 - 20 SFR and small MFH units. Here's some background. 1) I suck at bookkeeping. I'm in the process of getting everything cau...
Kelly L.
HOA Foreclosure
Hi guys,
I am new to foreclosure purchase. Recently, I've decided to invest in foreclosure properties. Are the deals that are foreclosed under HOA legitimate? These are actually in foreclosure auction, but it...
Roberto Westerband
Interest Rates Question for Private Lenders
What kind of rates are investors getting from private lenders? What's the holding period? Are the payments interest only?
Stacy E.
my first eviction
Hi,I've been doing this for a few years, first just renting out the second bedroom in my condo and now since I moved out of that condo I rent out the whole thing and also bought a house where I'm living and renting ou...
Hermie Gonzalez
THE FIVE UNEXPECTED LEGAL ISSUES THAT COULD SINK YOUR BUSINESS
Admittedly, the challenges facing entrepreneurs are daunting. As reported in the Arizona Republic, nearly 2 in 5 business owners have come close to failing. In fact, 13 percent said that they had previously owned a bu...
Lynn Taiel
I need Advice! Judicial Sale Purchase Gone Mad
My husband and I purchased land at a Judicial Sale. Now we get an attorney's letter from the previous owner stating they want the property back! Can they legally get their property back from us? We bought it fair and...
Christine Garnier
WARNING: Dangers Of Buying Tax Liens From Resellers and Wholesalers in Alabama
I understand that not everyone is going to like this post but I feel this is our duty to warn others of potential investment risks that could be prevented. This time, I want to expose the danger or buyings tax liens o...
Becca F.
Do PALs from RE offset capital gains from stock dividends and another question
I have been doing my own taxes and have a large amount of Passive Activity Losses from my rentals, don't want to mention the specific number but it's a lot in the thousands. I'm a W2 employee, all long term rentals, n...
Trevor DeSimone
Promissory Note Written to Investment Group
Investment Info:
Single-family residence private money loan investment in Garden City.
Cash invested: $52,000
This is the second time I've acted as a PML; the connection was made on Facebook of all place...