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17 December 2024 | 5 replies
My figures are below.TaxDeed Winning Bid: $489.00 (My Bid May 2013)Property Clean-up: $450.00 (mowing, trash removal)Taxes & Insurance: $80.00 (2013 & 2014)Sale Advertising: $130.00 (Signage, Newspaper Ads, etc)Filings & Legal Fees: $245.00 (Deed, Lien Releases, Sales Agreement Docs)Total Costs: $1395 (approx)Sold for: $3250.00 (August 2014)That is better than the 25% I would have received if the property was redeemed during the redemption period.
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16 December 2024 | 3 replies
Agents have a legal obligation to present offers, BUT sellers do NOT have any obligation to respond to your offer!
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11 December 2024 | 3 replies
Commercial zoning would be okay as long as the property is considered LEGAL but non conforming.
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10 December 2024 | 100 replies
Answers: (1) The US legal system, that's why.
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7 December 2024 | 7 replies
Wisconsin Legal Blank Before the next rental period meaning i would request one sent by current seller via amendment
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12 December 2024 | 6 replies
What I am wondering is there a way to structure the ownership of my LLP's to stop having to legally pay taxes in Canada and only in florida .
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16 December 2024 | 14 replies
Second, you’ll collect more money while doing less work Third you’ll stay legal with notices and operations.
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5 December 2024 | 12 replies
Quote from @Ben Whittington: Title says it all - how much do you, private lender, pay for attorney's to prepare your loan documents (contracts, promissory notes, deed of interest, etc.) and where are you located?
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15 December 2024 | 5 replies
Structuring your lease in this way would benefit you by 1) locking in a longer term contract to avoid turnover costs and vacancy loss; 2) it moves your lease end date out of the winter season and into spring/summer of 2026 so it can be more easily marketed and re-rented to match the seasonal demand cycle; and 3) it avoids any upset/angry tenants who may have been incorrectly assuming their rent was going to stay in the $1,200 range after their first 6-month lease term.Would love to hear any updates you have on how this one shakes out for you though!
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18 December 2024 | 0 replies
But properties priced and marketed appropriately can still go under contract in a matter of days.