Chris Seveney
Getting A Deed In Lieu at closing to store away
29 January 2025 | 21 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!
Ashley Smallwood
COLORADO Inquiry Reply and Listing
1 February 2025 | 1 reply
I recommend you go to the source and educate yourself on all the landlord-tenant laws, particularly in an increasingly regulated state like Colorado.Here's a good starting point: https://doh.colorado.gov/landlord-rights-and-responsibilitie...
Grant Shipman
Syndicators & Capital Raisers: Avoid SEC Trouble!!
1 February 2025 | 4 replies
You Can Only Have 35 Non-Accredited InvestorsRule 506(b) allows an unlimited number of accredited investors but restricts you to only 35 non-accredited investors.However, there’s a catch:Non-accredited investors must be financially sophisticated.They must have enough experience to evaluate the investment risks.From the SEC:“Securities may not be sold to more than 35 non-accredited investors… [who] must meet the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment.”If you’re planning to include non-accredited investors, make sure they qualify—or you could be violating SEC rules.3.
Simon Packman
Multi Family insurance
30 January 2025 | 8 replies
If you've done a complete renovation—say, updating a 60-year-old building to 2025 standards—their quote could be outstanding.
Joe S.
Anybody ever started a mail drop store?
5 February 2025 | 0 replies
Of course there could be some other local businesses that might would want to use or share a couple of the offices that would possibly increase revenue.
Benjamin Ying
First time investor needing some confidence!
5 February 2025 | 54 replies
Quote from @Drago Stanimirovic: Benjamin,You're on the right track by focusing on macro trends like job growth and population increases, these can justify investments even if the 1% rule isn't met.
Kris Lou
PM Fees in Indy
30 January 2025 | 6 replies
8%-11% is pretty standard here and as someone mentioned it really just depends on how the company is run.
Olivia Blake
New Landlord - Tenant Refusing Payment Method
1 February 2025 | 21 replies
This may be an opportunity to remove the tenant, refresh the rental, and increase rent significantly with a new tenant you've selected and trained.4.
Mat Kiisk
Investors in single family residence in fractional shares in Marin county California
31 January 2025 | 0 replies
There will be no assessment for increase in taxes or insurance so remains at $1935.
Lindsey Waltz
85% ltv DSCR
29 January 2025 | 7 replies
The shorter the prepayment term has an impact on increasing the rate.4.