Ben Lindquist
Qualified Intermediaries - Any good or bad experiences?
17 December 2024 | 8 replies
Is it segregated (only my funds in the account)- do you have an attorney on staff that reviews exchange docs and keeps them current - what is the typical time for your staff to complete an exchange ( you want to get a feel for if they are understaffed and can they get the work done on your time frame)- how many exchanges do you do a month- what is your errors and omissions insurance through, can I get a copy- what is the amount of your fidelity bond - for each occurrence- what protections are in place to prevent wire fraud- will my funds be used by the company for outside investments (goes back to the type of account funds are held in)- who will be my contact during the exchange (goes to customer service, you want one contact who you can reach by telephone)Investors should keep in mind that it is their money they are placing with a QI to hold for a short period of time and be sure they feel comfortable with the company they choose to perform this role.
Ryan Fox
is the structural engineer correct??
17 December 2024 | 15 replies
From there, you can determine the best solution to remedy the issue and prevent its recurrence.
Rich Emery
DSCR without penalty for selling early?
19 December 2024 | 15 replies
Almost all DSCR loans will have either A) a prepayment penalty which prevents you from selling or refinancing within a given period without paying a cost, or B) a combination of higher rates and points to offset the lack of a prepayment penalty.
Richard Gann
3 Factors to Consider in Exchanging Your Oregon Rental Property
16 December 2024 | 1 reply
From screening to security deposits to eviction, recent laws create many ways for owners to trip and fall.And now Multnomah County has prevented landlords from evicting delinquent tenants.
Arthur Crum
RAD Diversified SCAM ALERT!!!
17 January 2025 | 238 replies
While I certainly understand the need for a company to do an audit, particularly for the REIT, I am not sure why that would slow down or prevent rent moneys being paid for rent on joint ventures.
Catherine Javier
Keep, refinance or sell?
18 December 2024 | 15 replies
I've seen numerous QI's fail during my 40 years in the business, and most of the failures would have been prevented had their been government oversight.
Mark G.
What are your favorite tools/software for Fix-N-Flip
21 December 2024 | 12 replies
The appreciation will prevent it from losing.
Josh Holley
Seller won’t return EM
31 December 2024 | 97 replies
Technically speaking a buyer and a seller being in a dispute on what happens with their earnest money isn't something that would prevent the seller from entering into another contract and selling their property to a different buyer.
Levi Perl
Cash out refi now at 70% LTV or season and wait to do 80% LTV?
9 December 2024 | 15 replies
Meanwhile, waiting 4 months will cost me $3,500 in interest, - though less than a second DSCR - and will prevent me from making another purchase and rehab, which I potentially can do all in 4 months.
Henry Clark
Belize Teak Plantation
4 January 2025 | 67 replies
For the inside paint we add a Mold preventer to the paint.