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2 August 2024 | 0 replies
Since the remaining tenants have still been paying, I'm not sure that I can treat the MIA tenant as absent.Let's say the remaining tenants decide to move out (probably because they will eventually have trouble paying) and I make the refund check payable to all the tenants per the rental agreement (and to protect myself against claims from the MIA tenant), but they can't cash it because they can't reach this third roommate.Any recommendations on what to do with the money or what course of action to take?
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2 August 2024 | 2 replies
He can if he is an idiot quit claim deed it over to you to make this process more straightforward.re
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4 August 2024 | 13 replies
There's also a ton of investors who approach banks and believe they can borrow money without recourse (no personal guarantee) merely because the property is titled to an LLC and then falsely claim "banks do not lend to LLC's".
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2 August 2024 | 5 replies
Those investors who want the LLC but won't pay for it (ie move Title back and forth and get commrecial fiancing) APPEAR to be messing with their corporate veil anyway.Its up to you, but you should do it correctly.Oh, other issues with moving TItle back and forth include invalidating your Title Insurance policy and decreasing the validity of the Chain of Title by using quit claim deeds.The protective benefits of the LLC are commonly touted.
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2 August 2024 | 10 replies
Having the other heir sign a quit claim so the paper trail is bulletin proof.
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1 August 2024 | 4 replies
Their claim is that paying rent by money order will help them in some way when it comes time to purchasing a home in the future.
1 August 2024 | 2 replies
Was thinking of moving the Duplex to an LLC through a quit Claim, but not sure that will enhance my buying ability.
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31 July 2024 | 9 replies
I want to know if I buy a four plex under an FHA, claiming that one of the units will be my primary residence, can I move somebody into the unit I claim as my residence and collect rent from them without issue?
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1 August 2024 | 7 replies
The claim he makes is he’ll refund you the money if you don’t make it back in x amount of days.
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2 August 2024 | 4 replies
ShowMojo is by far the most irresponsible and unprofessional company I have ever dealt with that claims they are an enterprise!