
29 December 2024 | 30 replies
Sometimes when placing an offer -- the POS is not yet available - and when you place an offer you can make your offer contingent upon approval of these items... although in order to have a competitive offer in this seller's market you are basically forced to "assume" the pos violations once they become available (usually 2-3 weeks after it's been ordered) -- you should be able to tell if anything more serious might come up on the POS via your own personal inspection.

20 December 2024 | 28 replies
When that’s not enough they go after personal assets, if your rental is in your personal name it’s targeted.

20 December 2024 | 8 replies
Who is the first person you call in that market to get started?

21 December 2024 | 10 replies
The fastest I've seen personally is a few days, with a reinsurance policy through Metro Title (they were on Glenwood Ave in Raleigh, but I think they moved.)

24 December 2024 | 44 replies
And personally, I stay away from OH because it's what herd think has long been and I worry how much of price is based on herd-actions or market metrics.

25 December 2024 | 8 replies
Doesn't seem to be a lot of options around here for that though3) Continuing to rent where we live, and buy a separate property to rent outI personally feel like having my brother to help out as a renter is a huge advantage.

23 December 2024 | 17 replies
I'm happy to meet in person.

23 December 2024 | 7 replies
Hi Randall-Congratulations on buying a rental property well back in 2020.I am sorry to hear the property is now cashflow negative $200 a month.Your question is should you sell or continue to keep it with the negative cashflow.Depends on your personal goals and if being negative $200 a month plus any unexpected repairs or vacancies is affordable to you, but if you can solve the negative cashflow by turning the property into a furnished mid-term rental, for example, your future self may thank you.To Your Success!

22 December 2024 | 7 replies
This gives them significant control and security.Joint Venture Agreement with Personal Guarantee: We establish a Joint Venture (JV) agreement that includes a personal guarantee, providing an additional layer of security for our investors.Memorandum Filing: We file a memorandum in the county where the property is located.

23 December 2024 | 6 replies
The financing arrangement must be at arms-length and cannot involve a disqualified person (e.g., you, your spouse, family members, or certain business entities tied to you).