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24 January 2025 | 5 replies
But there's definitely risks that come with that as well.
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20 January 2025 | 3 replies
And while a 1031 exchange isn’t an option, some people explore alternatives like installment sales to spread out taxes or even tweaking the investment structure so your returns are treated as interest instead of equity.There are definitely some creative strategies out there.
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17 January 2025 | 37 replies
Quote from @Stylianos Kalamaras: Yes they are, they cost me $800 knowing they would not close my deal and waste my time, if I had any possible legal recourse I would take it they shouldn’t be allowed to operate it’s really sad.
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20 February 2025 | 51 replies
As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial intereststransferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to purchaser.If all or any part of the Property or any Interest in the Property is sold or transferred
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15 January 2025 | 10 replies
Most are fine with that, but a few will have problems with it and claim there are legal issues, etc..
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19 January 2025 | 14 replies
There is definitely more too it than just the money that goes in.
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19 January 2025 | 7 replies
Definitely checking out all my options.
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17 January 2025 | 3 replies
Owner ended up settling with the tenant, but then we had to threaten to sue our own client to get them to pay our legal fees.- Owner must sign a Hold Harmless to indemnify us against any potential tenant lawsuits relating to the work their contractor is doing.--- Another lawsuit resulted from owner's contractor taking down basement handrail to get supplies down the steps, then they didn't put it back and tenant fell down the stairs.- We also negotiate a reasonable completion date, depending on the Scope Of Work (SOW). --- Who gets all the phone calls and wastes time calming a tenant down because the owner's contractor doesn't show up as scheduled after they took time off from work or a 3 day job takes 3 weeks?
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17 February 2025 | 69 replies
@Jay Hinrichs Definitely a concern for sure.
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18 January 2025 | 3 replies
Just got the agreement and it's definitely a wholesale because part of it is about a 3rd party buyer.