
22 July 2024 | 71 replies
I think many of us use hyper-consumerism as a means of validating our self-worth.We NEED to upgrade to a new cell phone every year, we NEED to take expensive vacations to show our friends how fun our lives are, we NEED to purchase the more expensive car, we NEED to eat at chic restaurants and document the experience all over our social media.

19 July 2024 | 12 replies
Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.

18 July 2024 | 20 replies
Also, you'll want to have legal documents drafted, specifically a mortgage lien, promissory note and some kind of JV agreement.

18 July 2024 | 3 replies
If I'd know that I'd be paying it for the life of the loan I would have been better off paying the extra 5% down payment and enjoyed the lower interest rate but I don't recall ever being informed of that or reading it anywhere in my documents.

18 July 2024 | 1 reply
Closing costs on seller carried transaction are marginal, payments are collected and preferably administered by a third party and qualifying or documentation required is discretionary to the seller.

18 July 2024 | 4 replies
For this reason, it wouldnt make sense to rack up all the fees for title, escrow, lender fees, etc to do an investment cashout when you likely could get a personal loan at a similar interest rate, but only pay 300-500$ in document fees vice paying the 5-8K fees you'd likely rack up between the lender and title company with the refi.

19 July 2024 | 17 replies
Contact the title insurance company directly and provide them with all relevant documentation, including the closing statement, tax payment certificate, and any correspondence from the county regarding the back taxes.

17 July 2024 | 3 replies
I have heard of keeping the 2 documents seperated, thank you for confirming that for me.

18 July 2024 | 8 replies
You can look into the BiggerPockets-affiliated software for landlords here in the Tools section.Another option could be a local Realtor who either works a ton of rentals or does a lot of business in North Austin.The software route may still require involvement on your end i.e. setup, communication, document review, etc.

17 July 2024 | 8 replies
It costs $100 for a lease and several other documents written by investors and an attorney-approved for your state.