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20 February 2025 | 32 replies
But, all payments with Baselane goes via Stripe gateway, and they apparently have no choice but to honor those requests due to their agreement with Stripe.
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19 January 2025 | 8 replies
Quote from @Anthony Vaganos: I will definitely make sure to read the loan agreement but that was told to me verbally by a conventional lender during my diligence work.
17 January 2025 | 5 replies
We have a PMA, but it doesn't seem to address these things in a way that is specific enough to where they're violating the agreement.
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6 February 2025 | 28 replies
I'm in agreement with most of what everyone has said here.
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22 January 2025 | 5 replies
Renting it out before that could violate the loan agreement unless the lender grants an exception (e.g., job relocation).
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21 January 2025 | 4 replies
These documents include your operating agreement/ corporate bylaws, articles of organization, certificate of standing, and the EIN letter.
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15 January 2025 | 2 replies
However, he asked me to sign a one-year Exclusive Right to Represent agreement, as presented to him by his brokerage.His interpretation is that it applies only when he materially assists me, but I think the boilerplate brokerage language he was given reads much more broadly:"If during the term of this Agreement Buyer enters into a contract for the purchase of Property through the services or efforts of the Broker or Buyer’s Brokerage Firm, or by or through any other persons during the term of this Agreement" (emphasis mine).My concern is that, under my interpretation, if a fellow real estate investor wants to unload a property or if I get pointed to an opportunity by a former agent, colleague, or friend, this agreement could create an obstacle to moving forward with the deal.In the end, I didn’t sign.
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21 February 2025 | 102 replies
-The liability insurance acts as a shield between owners and tenants - creating a legal barrier that doesn't typically exist in rental properties since tenant agreement with with HomeRoom and not the owner.
17 January 2025 | 7 replies
It also allows the manager to work directly with the insurance company to resolve issues efficiently.In Texas, this is part of the standard Texas Board of Realtors Property Management Agreement and is considered an industry best practice.
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19 January 2025 | 47 replies
Here’s how this can be managed:Fixed Income Rights Agreements: The terms of the agreement are locked in when the deal is made.