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3 December 2018 | 10 replies
The list isn't important anyway.B - The process you are following, doing what I am assuming is a Sandwich Lease Option is as follows: 1 - Gain control of the property by signing a lease agreement, and an Option agreement (they are 2 separate agreements, and should NEVER be a single agreement...and never include references from one to the other) in the name of an LLC (you). 2 - Sub lease to the tenant (buyer). 3 - Sell an Option on your LLC to the Tenant/Buyer. 4 - When the Tenant/Buyer exercises their Option, they are buying the LLC. 5 - The Tenant/Buyer now owns the LLC, and all its assets...which include the Option to buy the property. 6 - In the end, the Seller never changes, and the buyer never changes.
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13 November 2018 | 5 replies
You don't own it or have to worry about their mortgage unless you plan to exercise the option and buy the property.
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17 November 2018 | 2 replies
As an educational exercise, I went to the courthouse and had them pull files of others who had petitioned for a tax deed.
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4 December 2018 | 8 replies
Consider being a $60k-$120k worker for Amazon there and then run through the "drive till you qualify" exercise.
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22 November 2018 | 22 replies
As an exercise, I think you should run your numbers with more conservative estImates and see if the deal still holds up.
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17 November 2018 | 55 replies
When we look physically at structures around American cities it seems obvious that more lost speculating on just cash flow.
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15 November 2018 | 1 reply
What do you think of the many ways to invest in RE, like innovative ways you don't have to be physically involved?
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15 November 2018 | 9 replies
With the schlage you physically have to turn the lock to lock it and that's how I prefer it.
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15 November 2018 | 1 reply
I am renting out rooms in my place, and want to use a digital lock for the front door instead of physical keys.
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19 November 2018 | 69 replies
It's normal to get online inquiries, but I would pay more attention to how many people are physically touring the property/applying.