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23 August 2022 | 8 replies
So my recommendations are 1) get an attorney involved so you know what your able to do legally and s/he can draft up the proper legal documentation to support the path forward, 2) consult with DSCR lenders to understand your prepayment penalties and bake that into your exit strategy with your private lenders, and 3) consider the cost of capital in relationship terms rather than monetary since that matters more than getting the money.
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21 August 2022 | 9 replies
Almost all management company contracts with owners will provide the management company the right to go above that monetary threshold (in this case $500) to handle emergency or to keep the property in compliance with the law.
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8 September 2021 | 60 replies
I got my tenant's voucher stripped (very gratifying; I hope she's presently destitute) and was awarded a monetary judgment.
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9 April 2021 | 0 replies
Multiple factors, like the monetary and nonmonetary cost of a home, should be considered before taking part in this big transaction.
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11 April 2021 | 2 replies
However if you are looking to leverage and buy multiple properties and/or just do not feel like being over a certain monetary threshold out of pocket a HML can make a lot of sense.
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26 April 2021 | 18 replies
Imo it’s a good idea to continue to hold some RE assets so you benefit from the likely continuing inflation of asset prices and rent appreciation due to current monetary policy, etc.
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26 April 2021 | 3 replies
Selling usually involves some kind of monetary transaction along with a bunch of title work.You can just go talk to a closing company and have them file the title work to transfer it from one LLC name to another without having to do an actual 'sell'.Â
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22 March 2022 | 7 replies
The federal government is going to ride the monetary policy train until the wheels fall off.
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17 June 2022 | 8 replies
By 5/12/22 remove the unpermitted improvements that constitute a second dwelling unit and remove the second electrical meter - Alternative Action:Â By 4/26/22Â Apply for an Accessory Dwelling Unit (ADU) permitConsequences - Maximum monetary penalty for each separate violation: $1000 for the first week and $500 / Day thereafterMy Objections - The kitchen was existing in the house when we bought it
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20 April 2022 | 4 replies
There is no monetary cost associated with finding buyers, so you are actually getting the shorter end of the stick doing 50/50 split if all your dad does is find buyers for the deals you put together. 4.