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13 November 2024 | 11 replies
I do not use the lease agreements provided, I use the promulgated contract provided by my state, but it's perfect for background/credit checks, docusign, and payments.
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16 November 2024 | 17 replies
The contract says no one else besides them can be there for over a week so it is my choice, what options should I consider for this, a rent increase per child, security deposit increased.
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17 November 2024 | 7 replies
Second issue is that it would be really difficult to cash flow, while paying both notes, especially with one lender in second position (which would most likely have a higher rate, plus points to offset their risk.)Now if you got the property under contract for 75% of the market value, which means you would have built in equity, and willing to personally guarantee (full recourse) then yea it may work out.If it's a good enough deal then you could even bring in an equity partner. 50 percent of a great deal is better than 100% of no deal.Cheers!
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19 November 2024 | 11 replies
A national builder is under contract to purchase all the finished lots to construct the units.
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11 November 2024 | 5 replies
THere is no template, most would probably use chatgpt but also be careful to not incorporate any contract terms etc.
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17 November 2024 | 2 replies
I am under contract for purchase of my next project but then I am stuck on that deal and not able to take down another deal without more capital.
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17 November 2024 | 9 replies
https://www.biggerpockets.com/forums/51-tax-legal-issues-con...
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15 November 2024 | 10 replies
This also leads owners to ASSUME simpler is better when it comes to management contracts.
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15 November 2024 | 1 reply
You want to get a countersigned contract now with a closing date in February to lock it up.
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22 November 2024 | 92 replies
And to any wondering, no, I don't loose a wink of sleep over using legal tax strategies. yes, I think those who can utilize it have earned it and don't owe a thing to anyone else.