Chris Seveney
Getting A Deed In Lieu at closing to store away
27 December 2024 | 20 replies
.• That the grantor/mortgagor was insolvent at the time of the execution of the deed.An estoppel affidavit (executed and acknowledged by the grantor/mortgagor, attesting to the fairness of the transaction, the consideration exchanged, the value of the property, and other factors showing an intention to make a genuine transfer) or a recital (inserted directly in the deed) are supporting documents used to forestall challenges to these transactions.State law and local title standards must be consulted in regard to the consideration and treatment of deeds in lieu of foreclosure.What a GREAT post!
Tove Fox
Nevada, Ohio, Michigan, Pennsylvania Out of State Investing
14 January 2025 | 20 replies
@Tove Fox hope you find this copy & paste useful:)-------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Robert Lindsley
Tenant with two pitbulls
6 January 2025 | 25 replies
You need to up your standards or life as a Landlord will be very difficult.One violation and I would evict.
Adrian Rae
"Sale Conditions: 1031 Exchange" - What does this mean for buyer?
26 December 2024 | 14 replies
Most standard MLS contracts now include a box check for 1031 exchanges.
Lindsay Wright
Subcontractor Agreement Template MA
21 December 2024 | 2 replies
**NAHB Contracts**: The National Association of Home Builders (NAHB) offers a variety of detailed and standardized legal templates specifically designed for the residential construction industry2.
Rehaan Khan
New to mobile home investing, looking to network with like minded people!
24 December 2024 | 5 replies
After 1976 trailers were considered mobile homes and standards were upgraded.
Michael Florkowski
Union Carpenter getting started in the world of real estate!
27 December 2024 | 8 replies
I mean can you consistently provide an industry standard finished product similat to what the licensed trades would provice)
Michell Chase
Builders risk insurance companies
18 December 2024 | 2 replies
Can anyone recommend a company that offers a builders risk policy to cover the construction period but then will also allow a cancellation and refund after work is finished to convert into a standard landlord policy.
Sha Sing
Has anyone worked with ReadyREI in Saginaw, Michigan
19 January 2025 | 9 replies
YOU got upset because it wasn’t exactly to YOUR standards.
Jacob Dalton
Should Cook County be a "No Go" Zone for Single Family Rental Investment?
19 January 2025 | 10 replies
I don't remember the precise words, but essentially he claimed that there was some sort of standard rental agreement applicable to the area and he could not (perhaps in reality would not) add anything to it at all, which struck me as oddly questionable.