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13 November 2024 | 2 replies
Thanks in advance!
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21 November 2024 | 39 replies
Advanced asset protection via a complex entity structure is for most investors like wearing a bullet proof vest when grocery shopping.
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15 November 2024 | 5 replies
I'd tell them that they signed the sales contract and rent is always paid in advance, so they are out of luck.
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12 November 2024 | 171 replies
How did you find the reporting?
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11 November 2024 | 5 replies
Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.
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13 November 2024 | 9 replies
You aren't going to get any of that information in advance of making an offer, outside of what they are providing which is usually a little slim.
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11 November 2024 | 12 replies
In addition if you use a title company or lawyer to handle the closing then they are legally required to report the sale to the IRS etc.
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21 November 2024 | 305 replies
Should I notify the current tenants in advance of each showing, or would an open house-style showing be more appropriate?
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13 November 2024 | 3 replies
Location, Common rents and things like ARV are also things to consider in advance.