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22 December 2024 | 7 replies
This gives them significant control and security.Joint Venture Agreement with Personal Guarantee: We establish a Joint Venture (JV) agreement that includes a personal guarantee, providing an additional layer of security for our investors.Memorandum Filing: We file a memorandum in the county where the property is located.
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20 December 2024 | 14 replies
Are there local hard money lenders that will actually talk to you or is it pretty hard to get a real person on the phone?
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20 December 2024 | 2 replies
He might be a good person to connect with.
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19 December 2024 | 50 replies
You will be sued personally and everything in your personal name is unprotected.
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23 December 2024 | 5 replies
The primary residence unit does not qualify, so the purchase price must be allocated between investment and personal use.
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27 December 2024 | 34 replies
I thought of selling back to the seller at the same price, and take the 12kish loss on repairs I doubt they will take it back.. check your note to make sure you dont have personal guranteesNoted, thanks Jay!
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21 December 2024 | 3 replies
If you are buying in a LLC there is typically a loan agreement and personal guarantee that is common
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4 January 2025 | 14 replies
I would have loved to have tried to meet up with him in person (if his schedule would have allowed).
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19 December 2024 | 6 replies
Quote from @Kenzer Hodgson: Quote from @Trent Reeve: personally, i think a dynamic pricing tool will pay for itself (should be around $20/month). it will help with far out/near time pricing, minimum stays, etc.
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18 December 2024 | 9 replies
So my questions are:Do I write an addendum to the lease with just one person?