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5 February 2025 | 2 replies
So many variables can turn a deal sideways from 1 hour to the next - i.e. inspection findings, title issues, contracts, financing issues, taxes, dept. of buildings/local municipalities, etc.I'm glad to hear you made it through the challenges, and it sounds like you'll be able to leverage this experience as you grow your portfolio.All the best to you along your journey!
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12 February 2025 | 19 replies
All offers and contracts where you act as the principal also need the disclosure.
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31 January 2025 | 8 replies
One is under contract in which I plan to 1031 into something larger and the other I just plan to keep as the contract expires soon.
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16 February 2025 | 4 replies
With out reading th contract I can't know if it is legal but it sounds like they created a situation where they have to be the manger.
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21 February 2025 | 32 replies
Wholesaling, where you can put a property under contract and sell that contract for more money.
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4 February 2025 | 7 replies
She notified me yesterday her contract was canceled and asked about terminating the lease.
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21 February 2025 | 14 replies
With your pipeline of off-markets, cherry-pick the best for yourself to close on, and on the rest, lock them up with a long inspection window, and make sure you have an option in the contract to Assign the deal to another buyer.
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6 February 2025 | 1 reply
.- To utilize the Mills Act requires a few things: An application (not free), inspections, and most importantly a contract with the city in which you promise to rehab and maintain the historic nature of the property.- The inspections are only 5 years, but tenants are not likely to take care of them home as well as you, and refurbishing hardwood, lath and plaster, and anything else is going to be much more expensive than the typical Landlord special (white paint, and grey LVP)It will all come down to making your numbers work.
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28 January 2025 | 9 replies
Additionally, the contract with the wholesaler is set to expire on Monday the 27th.
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28 January 2025 | 1 reply
Here are a few contract suggestions:**Assignment of Contract**: This is crucial for wholesaling.