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Results (10,000+)
Jonah Slove Land Purchase and Subdivision Process
11 November 2024 | 9 replies
This is less one specific question but more of an outline of what I am trying to do in hopes that I can add questions as they arise.
Sahara Faughn Please advise - Covid-19 partial claim, Preforeclosure auction and home sale
14 November 2024 | 12 replies
I may be wrong in my understanding of the real estate code of ethics outlined in the Arizona state statutes, and everything else I've read regarding real estate transactions, but as far as I understand it the original agreement to sell is null and void due to the nondiscolure committed by the real estate agent/broker first in the fact that he signed the agreement to sell as the buyer, misrepresentating himself as the agent and stating he had a buyer/investor and Secondly because the agent involved should not sign in representation of the buyer but may only accompany the buyer to the signing (it was done through docusign, I signed first and then was notified that the buyer had signed and downloaded a copy, I didn't look at who the buyer was until just last night).
Lisa H. Buying a house with a tenant that has lost his job
11 November 2024 | 10 replies
Even a typical water heat replacement would set you back signficantly.There's plenty to the puzzle that i am unaware of but with what you've outlined here i would consider passing on the property.you know you need managementyou know you need to remove at least one tenantyou know cashflow is meager after considering management.i personally wouldn't recommend a client take on the risk for such a paltry pay out out of state.Even when considering long term appreciation the average amount of headache one assumes with a property will bog you down before the long term play pays off.
Elizabeth Lark Using a Self Directed IRA or Solo 401K to Buy & Hold
9 November 2024 | 17 replies
This can limit your financing options and potentially lead to higher interest rates.Be cautious about prohibited transactions and disqualified persons, as outlined by IRS rules.
Orlando Kell What is proper order of rehab work?
11 November 2024 | 36 replies
I outline on the floor in tape where things are going.
Mitchell Coles Newly Renovated Duplex with Versatile Rental Potential in Morganton, NC
7 November 2024 | 0 replies
By emphasizing my ability to close quickly and outlining my plans to enhance the property’s value, I was able to secure the deal at favorable terms.
Arron Paulino How do Subject To Offers work for the seller? Won't the loan be called due?
7 November 2024 | 21 replies
This may actually be the best method to prevent the sale from being discovered, but of course there are other potential pitfalls.Under federal law a transfer to a trust where the grantor retains the beneficial interest WOULD be exempt from the DOS... but notice how in the context outlined above the exemption would disappear.
Steve Saussier (CRE) Realtor buyer commission and exclusivity clause
6 November 2024 | 1 reply
**Negotiating Flexibility**: Discuss these scenarios with your realtor and outline specific conditions under which you can proceed independently.
Jenny Kang I will manage my property by my self and will fire the property manager.
7 November 2024 | 12 replies
The property manager should provide a copy of the existing lease agreement, rent roll, other related documents, and notify the tenants of a change in management.You should also be aware of any specifics outlined in the lease for your tenant's situation (e.g., pets).How should the contract be handled moving forward?
Ted Freemyer Has anyone use Launch Financial Group for DSCR on STR?
8 November 2024 | 19 replies
I have not heard of them, but I would make sure, especially since they seem to be a new player in the space, to ask them the questions that are outlined on the "Best Questions to ask your DSCR lender for STRs" post on this forum: https://www.biggerpockets.com/...