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4 February 2025 | 3 replies
The brokerage should be very glad to have you onboard.I'm looking forward to your future posts as you share your success.
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31 January 2025 | 6 replies
Long story short, his crew blasted through the job in a few hours and the clearance test failed.
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16 January 2025 | 12 replies
Larger properties offer economies of scale and better financing terms, but they also come with more complexities and higher upfront costs.
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5 February 2025 | 4 replies
For this post, the long story short is that no cats were on the application but lo and behold, there are 4 cats in the house during my first inspection.
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15 January 2025 | 12 replies
Pete and Clearwater still work well for mid-term rentals despite some short-term rental saturation.
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20 February 2025 | 8 replies
This often leads to confusion because the term "trade or business" is mentioned, leading some to mistakenly believe that the entire business can be exchanged.
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10 February 2025 | 0 replies
Wyoming allows "trust decanting": a trustee can modify or change the terms of an irrevocable trust under certain conditions.Please consult your CPA or attorney before creating any trust.
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7 February 2025 | 9 replies
For example if one partner added a long-term rental in one party completed a rehab and flip, please properties we need to be filed.
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31 January 2025 | 24 replies
There are so many fewer properties of that size.A couple of investors who have been tremendously successful with SFH and small multi - Chad Carson, Michael Zuber.
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15 February 2025 | 3 replies
How to Structure the Deal to Protect Your $20KIf you’re willing to cover the $20K arrears, here’s how to protect yourself:Option 1: Secure Your Funds with a Lien or Escrow AgreementUse an escrow account: Deposit the $20K into escrow with clear terms—if the assumption is denied, the funds return to you.Record a promissory note & lien: If the deal falls through, this would give you a legal claim against the property to recover your funds.Option 2: Sub-To + Wrap While You AssumeSubject-to deal: Take over the existing loan payments before assumption approval, securing control.Escrowed deed transfer: The seller signs the deed into escrow only to be recorded after assumption approval, ensuring they can’t back out.Lease option fallback: If the assumption is denied, consider a lease option agreement until another solution is found.Option 3: Negotiate a Seller Financing HybridAsk the seller to carry a small second note for the $60K equity gap at favorable terms.Use your $20K as a down payment, structured as a secured loan against the property.3.