Christopher Lynch
How To Start a Syndication ?
10 January 2025 | 9 replies
You can have any lawsuit initiated by investors in state court moved to Federal court where the Reg D safe harbor will preclude any state law liability. 2.
Brendon Wise
Section 8 Late Fees
25 December 2024 | 3 replies
A government agency pays part of their rent. 2.
Thanh Lu
How to screen guests who book directly instead of Airbnb, VRBO, etc
15 January 2025 | 12 replies
Requiring a copy of a government-issued ID is a good extra layer of security.
Chris Seveney
Getting A Deed In Lieu at closing to store away
27 December 2024 | 20 replies
.• That the deed is either a preferential or fraudulent transaction within the purview of the provisions of the federal Bankruptcy Act or any other related state law.• That the deed is a device to clog a mortgagor's right of redemption.• Unfairness of the consideration.• Coercion, fraud, oppression, duress, and undue influence.• That the deed is not subsequent to the execution of the mortgage but contemporaneous with it.• That the grantor/mortgagor was insolvent at the time of the execution of the deed.An estoppel affidavit (executed and acknowledged by the grantor/mortgagor, attesting to the fairness of the transaction, the consideration exchanged, the value of the property, and other factors showing an intention to make a genuine transfer) or a recital (inserted directly in the deed) are supporting documents used to forestall challenges to these transactions.State law and local title standards must be consulted in regard to the consideration and treatment of deeds in lieu of foreclosure.What a GREAT post!
Kyle Carter
Apartmetnts with all section 8 tenants
5 January 2025 | 7 replies
When valuing the property, focus on its net operating income (NOI) and use a cap rate that reflects Section 8’s stable, government-backed rents.
Andrew W.
Texas Series LLC - Bank Account Recommendation?
19 December 2024 | 14 replies
University federal credit union
Victor Correa
Subject to mobile home with bank lien
23 December 2024 | 8 replies
The local/ state etc (governing body) may not just "give you" one.
John Pores
New Construction Quadruplex in ATL
25 December 2024 | 1 reply
I have found some information that might be helpful John.There are government backed programs like Fannie Mae Homestyle Renovation Loan and Freddie Mac Home Possible Renovation Loan, in addition to the FHA 203k loan.
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
Since downtown development land goes for $30 million/acre, $100k imposed by the progressive city government for a 40 story building permit is a minor annoyance.
Namal Burman
when does 1031 exchange make sense?
27 December 2024 | 4 replies
Role-playing. . you paid $300k 10 years ago, it’s worth $660k, (so when you sell you net $600k to make math easy.)and your cpa determined that you owned zero land, so it’s all depreciatable. you owe 15% on the $300k gain plus 25% tax on $109k depreciation recapture, so you owe $70k in federal taxes, then California reaches out for another $30k?