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12 February 2025 | 75 replies
Computer or Smartphone, an internet connection, a blank Purchase and Sales Agreement, and Assignment Contract, an investor friendly title company or lawyer(depending on which one your state uses for closings), a bank account..
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15 January 2025 | 1 reply
Then you own the LLC and can transfer the property into it.If you transfer the property into that LLC the way it is then technically you just gave your friend ownership of the house proportional to his ownership of the LLC.I'm not an attorney, so take that with a grain of salt.
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6 January 2025 | 1 reply
Hello investors and passionate property owners! I just wanted to reach out to introduce myself. My name is Paul Hearn, and I am a new real estate agent in the Memphis area with a burning desire to work with investors ...
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20 January 2025 | 32 replies
I've had friends buy new homes and have more problems due to poor construction than I've had in 'older' homes.
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12 January 2025 | 8 replies
When an individual landlord prices their rental, they do based on what the other ones in the neighborhood have rented for.
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20 January 2025 | 23 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
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15 January 2025 | 8 replies
I sent a friend down there to look at various listings.
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29 January 2025 | 22 replies
Self-proclaimed Section 8 guru's online claim to do the latter and then find Property Managers after they purchase the property in whatever state, but I don't know how real that is.I'm a big believer in purchasing in a landlord friendly state.
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15 January 2025 | 144 replies
It's really up to the individual investor (and their coach who helps them create their criteria and decision-making process.)
15 January 2025 | 5 replies
Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you .