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15 November 2024 | 13 replies
The contract I could find says the following:```...together with the right of ingress and egress at all times for the purpose of mining, drilling and exploring said land for oil, gas and other minerals, and removing the same therefrom.And said above described land being now under an oil and gas lease originally executed in favor of [Oil Company], Chicago and now held by [Oil Company] it is understood and agreed that this sale is made subject to said lease, but covers and includes of all the oil royalty and gas rental or royalty due and to be paid under the terms of said lease.It is agreed and understood that of the money rentals which may be paid to extend the term within which a well may be begun under the term of said lease is to be paid to the said [purchaser], and in the event that the said above described lease for any reason becomes cancelled or forfeited, then and in that event, the lease interest and all future rental on said land, for oil, gas and mineral privileges shall be owned jointly by [owner] and wife and [purchaser] each owning & interest in all oil, gas and other mineral in and upon said land, together with interest in all future rente.This sale is made for and in consideration of the sum of Ten Dollars, cash in hand paid, the receipt of which is hereby acknowledged.To have and to hold the above described property, together with all and singular the rights and appurtenances thereto in anywise belonging unto the said [owner] heirs and assigns forever, and we do hereby bind ourselves, heirs, executors and administrator to warrant and forever defend all and singular the said property unto the said [purchaser] heir and assignee against every person whomsoever lawfully claiming or to claim the same or any part thereof
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18 November 2024 | 47 replies
Alright guys and gals - this one is juicy (and a bit lengthy), so buckle up,Today, we're diving into the world of short-term rental tax strategy, exploring both the opportunities for success and the pitfalls to avoid.
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20 November 2024 | 31 replies
Sorry Mike I was being 100% sarcastic on my post and was kidding.
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12 November 2024 | 5 replies
It will be the fastest way to go from "too young" to "that kid whos crushing it"
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12 November 2024 | 4 replies
Giving the recurring issues with labor quality and scarcity, would you say automation tools like construction 3d printing or other tech are worth exploring?
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8 November 2024 | 5 replies
After half a lifetime of working and saving and investing in index funds while renting, im ready to make the jump into a new asset class.Looking to owner-occupy a multifamily in the city of philadelphia and hopefully pass a portfolio on to my kids someday.open to any and all advice!
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12 November 2024 | 2 replies
It’s great to see how thoughtfully you’re approaching your goal of financial independence and exploring different income streams.
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6 November 2024 | 12 replies
Any resources, tips, or personal experiences would be incredibly helpful as I explore this investment opportunity!
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19 November 2024 | 23 replies
(Making judgements based on family status, number of kids, medical animals, etc etc..)4) When you get that first repair call 10pm Saturday night for a leaking roof or water heater do you have a trusted/dependable guy to call and get it fixed that night?
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14 November 2024 | 15 replies
Work with an investor-friendly agent, explore up-and-coming neighborhoods, and consider value-add opportunities.