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2 February 2025 | 4 replies
So, transferring title to an LLC is a transfer as defined by most mortgage or deed of trust documents as a trigger of the so called due on sale clause.
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2 February 2025 | 5 replies
When a tenant leaves, you document that they are gone, who remains, everyone's rights and responsibilities, how the lease will proceed, etc.
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23 January 2025 | 1 reply
For example, are there specific documents or information I should prepare, or would identifying a target property first be more beneficial?
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29 January 2025 | 9 replies
Here's a good folder setup.Bank StatementsCredit Card StatementsProperty Management StatementsMortgage StatementsSTR Platform StatementsInvoicesReceiptsClosing Documents (Purchase/Refi/Sale)LeasesCheck & Deposit ImagesVendor ContractsW-9’s & 1099’s
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8 February 2025 | 18 replies
HML is the same as getting a mortgage from a regular lender such as a bank or credit union, but the HML does not require as much documentation and they provide money really fast say, within a few days.
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5 February 2025 | 38 replies
Before you invest, please feel free to contact me and I will be happy to furnish all of the documentation of this episode, but in the meantime don't trust anything that is not in writing and don't sign any document that allows them to stop paying the interest and/or principal that is owed for any reason.As I am currently preparing a report for the BBB, the CFPB and the FCC, I would also ask if anyone else has had a similar experience; I feel like David vs.
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3 February 2025 | 15 replies
Focus on key areas first (like floors, walls, kitchen, or bathroom), which may help you handle the costs more gradually, even if it means moving in furniture or updating fixtures down the line.Also, since the tenant left it in rough shape, be sure to document all the damage (photos, receipts) in case you decide to pursue reimbursement through their security deposit or in court.
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24 January 2025 | 3 replies
I have all the documentation on this dispute.
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27 January 2025 | 13 replies
Document all your efforts, including repair invoices and communications, to show you’re acting in good faith as a landlord.
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20 January 2025 | 6 replies
I know it's a long shot, but I'm currently having lawyers review the signed subscription documents to see if there's any way to minimize the losses here.