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21 August 2024 | 4 replies
And second, I am thinking of creating a contract that lays out the details of the amount of equity I earn on the property before we close on the property but is there also a way of putting my name on the deed at closing that would act like a second guarantee that I earn partial ownership of the property via sweat equity?
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21 August 2024 | 0 replies
After one week of ownership, using the Binder Strategy from the Dion Talk I was able to increase rents to $1,200 m/o a 36.6% rent increase while having the tenants stating I am the most solid landlord they have had after doing minor repairs for rent increase !
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21 August 2024 | 2 replies
After one week of ownership, using the Binder Strategy from the Dion Talk I was able to increase rents to $1,200 m/o a 36.6% rent increase while having the tenants stating I am the most solid landlord they have had after doing minor repairs for rent increase !
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21 August 2024 | 3 replies
I protect my interest with a minority equity position in the entity that holds the property and a clause in the operating agreement that gives me majority ownership in case of a default.
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21 August 2024 | 6 replies
Having a few items shows that the tenant has pride of ownership but the proerpty shouldn't be look trashy.
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21 August 2024 | 6 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
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21 August 2024 | 6 replies
If you bothered to ask or have someone drive by they'd see a big stump where the tree was taken down a month into ownership.
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21 August 2024 | 7 replies
Also any losses from Y will flow into Parent Holding X for tax purposes and such losses will be adjusted towards active income.7) Use a revocable trust to replace us in the ownership chain to avoid probate issues and easy inheritance to our kids.
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21 August 2024 | 4 replies
If I can ever help on the PM side let me know, but we also buy/own multifamily properties so happy to help on the ownership side too if possible.
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21 August 2024 | 5 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊