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30 September 2024 | 19 replies
My name is Bernice Retzloff and I am the in house realtor at Foundation Property Management in Memphis, TN.Investing in Memphis, TN could be a great move for you, especially if you're looking for positive cash flow.
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27 September 2024 | 11 replies
Would we be able to put the home in the Holding LLC since our names are directly on it (albeit a Delaware LLC meant to hide our identities)?
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29 September 2024 | 21 replies
Let me know how I can help.Best regards,Drago Thank you for the response Drago, cool name btw!
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27 September 2024 | 6 replies
We charge one month rent and one month security deposit before move in (make sure payments have cleared before turning over keys) One month security is max allowable by Delaware Landlord Tenant code.If they have a pet you can charge a pet deposit (again, by state code, DE you can charge up to 1 month rent)If separately metered utilities, make sure they've transferred them into their name by providing account numbers and also a copy of their renter insurance before move in.Good luck!
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26 September 2024 | 8 replies
Hi, my name is Tomer Ben-Shoham.
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27 September 2024 | 3 replies
Hi, my name is Tabatha Will, I am from Tulsa OK, and new to the platform.
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27 September 2024 | 1 reply
Once you have an entity, click the name and inside that account, you can do all of your sub accounts for that specific property.
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26 September 2024 | 5 replies
Hey everyone, I talked to a laywer the other day that told me under new federal regulations you still have to release the names of the stakeholders.
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23 September 2024 | 2 replies
I've found that to be a sweet spot, but it's taken time, discipline, and a helluva lot of networking to build the team to do it.
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29 September 2024 | 8 replies
The seller retains legal title until the contract is fulfilled.Advantages:Lower Upfront Costs: You can avoid closing costs typically associated with formal closings.Control: You can take control of the property to make repairs and sell it while leaving the original financing in place.More Flexibility: Compared to a novation, a land contract offers you more control over the property since you hold equitable interest.Risks:Seller’s Cooperation: The seller retains legal title, which can complicate things if they change their mind or their financial situation worsens.Resale Issues: FHA buyers may require the deed to be in your name for 90 days before they can purchase, which could slow down your resale plans.Subject-To FinancingHow It Works: In a subject-to deal, you take title to the property while the seller’s existing mortgage stays in place.