Attila Bertalan
Broker/Agent/Investor Dillema
For the past few months I placed investing on hold to study for the California RE License.My excitement of receiving the license in the mail is abruptly turning into disappointment. I got my license mainly for MLS acc...
Joffrey Long
Trust Deed Investments: California SB 978 Suitability Reqs
I saw earlier posts about the new law, SB 978, investor suitability requirements for trust deed investments.
California now requires that when selling or brokering all of, or an interest in trust deed investments, ha...
Tim Johnson
Keeping the druggie money
Hi BP!My wife and I purchased an 18 unit multifamily in December. The building is full of mostly great people, but there was one fellow that always smelled like pot. We talked to him about it but the odors continued...
Todd W.
Spec builder wants to build on land I own ... Pay me in a year.
Spec builder wants to build on an expensive ski lot I own. He is willing to pay full price (even 5% over price in a year), but give me nothing today. He wants to take my lot with what I guess is an option, along wit...
Peter Sik
Low credit score but with co-signer
I don't have much experience to determine if this tenant is good. So, post here to see what do you think. I got this email from my PM, and i think her credit score is too low but she has co-signer. Other then that al...
Jeongmin J.
LLC for income property
Hi,is it common to set up LLC for income property in CA to protect from lawsuit despite $800/yr tax?If it is so, how long does it take? Is it too late if I do after my offer is accepted?If you have recommendation for ...
Wells Mangrum
Need Additional Opinion on Potential Deal
I have an accepted purchase agreement on a 85,000 square feet industrial building. This is a sale-lease-back meaning that the current owner is selling the property and agreeing to lease it back to me at a 7.75% capit...
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Looking at 1st properties this week - advice please
So after a year or more of reading, listening to tapes. setting up my team of accountants, mortgage brokers, building a reserve of cash and then stalling because of fear....I enter the game this week. I'm meeting wit...
Rasheena Rouse
Start With a Company?
I Received my Real Estate Salesperson License in September of 2012, I have yet to start with an real estate company. After meeting with Keller Williams, my thoughts was to pick them. I want to hear feedback from other...
Eric Dubrule
Tax credit for lead abatement
In August of 2013 I paid $7,680 for lead abatement. I am eligible for $4,500 lead tax credit through the state of Massachusetts. My question is, do I still claim the 7,680 as a deductible repair expense or do I ha...