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8 July 2024 | 15 replies
Hi, the lender will likely not know what his entitlement is at this time, if the loan has been in place, the entit. will be in the loan origination package which is now in the repository, the loan file will simply show the amount of guarantee.You can figure it though if you know the beginning LTV of his loan, and VAs go up to 100%.
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8 July 2024 | 1 reply
While the bank may have facilitated the transfer without issue, updating the title is still important for legal and liability reasons, particularly for tax and asset protection purposes associated with LLC ownership.The title company has indicated they can handle the title change process, which typically involves filing paperwork with the appropriate local government office, such as the county recorder or registrar of deeds.
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7 July 2024 | 9 replies
One often overlooked item for those who invest in Ohio is not filing the locality returns.Ohio is a unique state where they require locality returns to be filed in addition to the state return.
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10 July 2024 | 11 replies
I do one year, cycle maturities during peak rental times during spring and summer, enforce lease termination clauses if a resident leaves early, and file eviction for $40 on the 11th if rent is unpaid.
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9 July 2024 | 17 replies
But, I found a bit here: https://www.awc.org/pdf/education/mat/AWC-MAT230-Glulam-2hr-150530.pdfThe aluminum I-beam properties are well documented here:https://www.aluminum.org/sites/default/files/ADM2010Errata2.pdfIn short, one can't make a definitive conclusion.
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9 July 2024 | 8 replies
You will also need to understand how to file taxes properly, potentially in both locations, and you will probably need to travel there from time to time, most likely when you do NOT want to go there.
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8 July 2024 | 6 replies
The seller filed a claim with the home insurance company.
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7 July 2024 | 11 replies
I have a a filing cabinet where I keep copies of current leases and that also has contact info for tenants.
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8 July 2024 | 17 replies
If I have to file suit to collect what I am owed, the amount includes lost revenue a result of the wrongfully evicted tenant (lost rent, unit turnover costs, cost to place new tenant (does new Pm charge to place new tenant?)).