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24 June 2024 | 20 replies
Offer contracts generally have language in them already that incorporates this stuff (or at least they have blank spots for your agent to fill in these requests), you should be able to talk to your agent if you have any questions about how this all works in your area.
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26 June 2024 | 38 replies
I definitely have some insight on what type of large markets to invest in that are metro in nature that attract not only business travel but also have multiple industries as to keep the overall investing strategy strong.
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23 June 2024 | 1 reply
Borrowers will need to provide Articles of Incorporation and breakdown of ownership. - Closing duration of multi plex mortgage loans is typically 45-60 days and more complex transactions can take up to 90.
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21 June 2024 | 11 replies
Its not advisable to hold real property in corporations, and S Corp are more corporate-like.Just stay with the default partnership and deal with the 1065 and K-1.More importantly, discuss with a qualified professional or two.
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23 June 2024 | 105 replies
What kind of risk are you creating based on the nature of your real estate activities?
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25 June 2024 | 125 replies
It speaks for the humble nature of locals that they are happy.
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21 June 2024 | 10 replies
In summary: if a landlord has a provision in its rental agreement, which includes any rental documents as they are incorporated into the rental agreement, that violate any of the “10 Deadly Sins,” the landlord must return all rent that it received from the tenant during the tenant’s entire tenancy.
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23 June 2024 | 7 replies
Also the nature of the current "access" -- whether it has been hostile or permissive.The good news is the title insurance carrier has allowed the claim and will likely pursue an agreement with the necessary property owners OR fight the legal battle if necessary.
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23 June 2024 | 25 replies
You picked the wrong kind of property to start in as a 3/3.1 townhouse is not ideal for room hacking and is more residential in nature which is why you should sell it and take the proceeds and deposit money and look for a two-family where you and your brother can live in one side and you can full rent the other side - maybe even as a mid-term rental to 2x the rent.
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21 June 2024 | 12 replies
Most likely, yes, especially if you have a clause in your lease stating that the written agreement reflects the latest understanding of the parties as to the rights and obligations and that no other promises or statements shall be incorporated to the lease (a preeminence clause).