Rick Bosl
TOPA in Washington DC - anyone know a good attorney?
Does anyone have experience with TOPA (Tenant Occupancy Purchase Act) in Washington DC? I have a great property under contract but the tenant is talking to other investors about selling his purchase rights. Anyone kno...
BOB CRANEY
Do you pay yourself when you manage or work on your own rehabs??
I have always only made money when i sold a rehabbed property. I occasionally enjoy doing certain aspects of the renovation myself but never have paid myself the equivalent wage associated with these different parts o...
Angelo Garcia
cash rent
I pay my manager cash from the cash rent I receive but at the end of the year I give him a 1099. Is there any problem ? Two tenants don't want to pay by check but cash
Chris Lawrence
REO question after closing
I recently purchased a REO off Auction.com and closed on the deal, everything is in my name. Prior to closing my attorney caught a mistake on the closing statement and mentioned it to the sellers attorney and they did...
Cody McGuffie
Do you ever For Sale by Owner (FSBO)?
Hi Everyone!
Background:
- Investor for 3 years (multifamily and sfr flips)
- unlicensed (nor do have any desire)
- San Diego, CA Market
Quick question for you, have you ever FSBO? If so, how’d it go? Did you offe...
Matthew John
Possibly a 2 for 1 on my First Deal?
Hey guys, I've been scouting for what feels like ages to find a good deal.
My search has been consisting of small multifamily houses that I can house hack. My original goal was to live for "almost free" while buildi...
Mike Nelson
Forming a business structure WITHOUT an attorney.... yeah I said it
Alright I think I just opened a can of worms here, but seriously, Id like to hear from the people who don't think you need an attorney when forming an LLC for example. I can see where the advice of an attorney would ...
Bienes Raices
Making offers on properties with septic tanks
Do you pay for a septic inspection? (I've been told a good septic inspection is around $300). Also how do you handle this if a wholesaler is marketing the property, and there is a non-refundable deposit and no inspect...
Jon Swift
First time tenant screening
This is my first time screening for a tenant and was hoping to get some advice. I have a woman who would like to rent but she told me she has horrible credit due to a divorce, I figured that if she had good references...
Joseph F.
To Lien or not to lien
Buying a property cash using hard money. I will issue the lender a promissory note outlining the terms of the loan. I have outstanding a Federal Tax lien that I am trying to pay off. Should I lien the property ...