All Forum Posts by: Alan Davidson

Hey guys. I started this post about a year ago or over a year ago with the idea to find like minded people who are in real estate. Buy and hold. Flipping. House hacking.

The reason I started this thread is I wasnt finding what I wanted at REIA meetings.

Shoot me a DM if you’re still interested and I’ll set something up.

A.

Be careful though. If you have a mortgage, most mortgage companies have a due on sale clause in the mortgage. Moving the mortgage into your LLC will trigger that clause. Mortgage companies usually don't act on this clause but it can happen.

Steve Rozenberg in episode 343 talked about having an organizational chart for your real estate business.  Does anyone know where I might find a template for something like this.  Or have one that you are willing to share?  Thanks!

@Matt R. Thanks. This is perfect.

Thanks Kevin.  Exactly what I'm looking for.

Newbie here.  Closing on our first duplex in two weeks.  Renters will get new lease agreement.  Want to use Cozy as it will be a long distance--ish rental.  Trying to figure out how to word using Cozy in the rental lease agreement.  I'm probably way overthinking this.

@Marty Bauer pm sent.

Thanks to all the replies.  Does anyone have a copy of this letter that you would send to tenants?

Thank you Amanda.  Very helpful.

I am closing on a duplex soon.  Duplex is occupied.

One renter has a lease in place.  

One renter is on a month to month lease.  I want make this a one year lease.

How do I communicate with these renters that I've purchased the property?  Phone call?  Letter? In Person?

I know its such a basic question.  Help.