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10 January 2025 | 5 replies
I wanted to use the camera footage as evidence in a civil case against the tenant.I was initially told that it would take 2 weeks to get the footage to me, then that blew out to several months, and now finally 6 months later they finally get back to me and tell me the footage doesn't exist, even though the initial report said cameras were activated.That footage would have shown that the tenant was making threats to damage my property (which she made good on).Do I have any recourse on the police for failing to provide the footage on a timely basis?
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12 January 2025 | 8 replies
Generally, the coverage of the policy will state; “The coverage of this policy shall continue in force as of Date of Policy in favor of an Insured after acquisition of the Title by an Insured or after conveyance by an Insured, but only so long as the Insured retains an estate or interest in the Land, or holds an obligation secured by a purchase money Mortgage given by a purchaser from the Insured, or only so long as the Insured shall have liability by reason of warranties in any transfer or conveyance of the Title.”
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20 January 2025 | 14 replies
Make note of some important ratios and percentages such as COC return, IRR, CAP, yearly maintenance vs acquisition price, etc.
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22 January 2025 | 12 replies
The sale and acquisition closing benefits are real and material.
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6 January 2025 | 25 replies
You'd need some deep pockets and the nerves to take on something in range of ~$65m in R.E. acquisitions.
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16 January 2025 | 6 replies
Finally, I was told, in their company's words that they are the "Rolls Royce [of taxes]" for real estate investors.
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7 February 2025 | 17 replies
I ended up working my father into other areas of my acquisitions (inspections and renovations) along with several other family members oddly enough.
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24 December 2024 | 4 replies
We do not factor in capital gains tax in our final net profit projection Hope that helps!
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14 January 2025 | 37 replies
If the market moves against you, it takes too much capital to fix it.Contrast that to this scenario: let’s say that the acquisition loan was 60% LTV originally, and after a market drop of 30% the loan is now 85%.
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2 February 2025 | 178 replies
Nolasco told me that he was told by the builder that the 'final' price can only be determined when 'verticalization' starts.