20 February 2017 | 7 replies
You offer to guarantee a low NOI or net operating income amount for 2 to 5 years, and then have an option to buy based on the value of that low NOI value I don't think Masterleased options are good for new people unless they have very good experience with property management on commercial properties Taking a CCIM course I think is really helpful for apartment managementIf you want to look at Sammy's lease options for residential property, 1 to 4 units, you need to learn about Dodd Frank and the safe act and TILA and RESPA Some fallacies are you cannot legally go against landlord tenant law in your state, so you can't make the tenant pay for any repairs, you've got to be very cautious about any kind a rent credit creating a financing agreement that envokes Dodd Frank and CFPB Learn about using a RMLO and how that protects you in any kind of lease with option or lease purchase Also be aware that the seller can have something happened to them, they can be sued, they can die, so I would highly recommend you have a sale and purchase agreement And open an ongoing escrow accountTo make sandwich lease options work you must have some capital to put in reserves in case things go wrong, like evictions and damage.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/478343/small_1638966706-avatar-axelragre.jpg?twic=v1/output=image&v=2)
8 February 2016 | 4 replies
Results of Radon Air are done the day of the Home Inspection.He brings candy to my office be sure to tell him I suggested him.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/427580/small_1621476148-avatar-swethareddy.jpg?twic=v1/output=image&v=2)
24 May 2016 | 1 reply
This property is occupied and I wanted to know that they mentioned "Property may be subject to leasehold interests or other rights or claims of various tenants or other occupants, and Buyer may be subject to the United States Service Members Civil Relief Act, or other federal, state or local law, as applicable" in auction disclaimers.Is this right property to buy?
2 August 2015 | 13 replies
There is also the issue of primary legislation and secondary legislation.Primary legislation refers to the Law, Act or Ordinance passed by the legislative of a particular jurisdiction.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/249435/small_1694934291-avatar-chrisharper.jpg?twic=v1/output=image&v=2)
20 March 2017 | 21 replies
The tone-pitch of your voice has to be going down instead of up.In the 70’s was a wonderful actor called Peter Falk he was in his 40s of the time, how to show call Colombo.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/359743/small_1621446543-avatar-sharaya.jpg?twic=v1/output=image&v=2)
27 July 2015 | 8 replies
Affordable housing inventories change, laws change or are adopted, financing requirements can change, your money partner can die or change their mind, thousands of things can happen to effect any niche that you attempt to specialize in.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/179849/small_1621422592-avatar-jtwombly.jpg?twic=v1/output=image&v=2)
5 June 2017 | 113 replies
In reconciling competing views from the Ohio Appellate Courts, the Dombroski Court found it “necessary to modify the second prong of the Belvedere test to allow for piercing in the event that egregious wrongs are committed by shareholders” and held that in order to “fulfill the second prong of the Belvedere test for piercing the corporate veil a plaintiff must demonstrate that the defendant shareholder exercised control over the corporation in such a manner as to commit fraud, an illegal act, or a similarly unlawful act.”Whether an Ohio court will pierce an LLCs corporate veil is a fact specific inquiry that will vary from case to case.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/329692/small_1621444675-avatar-reddizon.jpg?twic=v1/output=image&v=2)
15 June 2015 | 2 replies
So I live in Silicon Valley and I am accustomed to seeing Car "candy"; yes those beautiful Audis, BMWs, Porsches, Benz (my dream business car is an Audi A8...maybe someday...).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/313895/small_1621443579-avatar-haig.jpg?twic=v1/output=image&v=2)
4 July 2015 | 6 replies
I keep notes on my reactions to them and any bad actors get deleted from the list.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2117852/small_1634920904-avatar-trentl24.jpg?twic=v1/output=image&v=2)
22 October 2021 | 2 replies
I am a recent college grad and now a new realtor (full time) and also am an actor, so I do not have a W2 - from what I have heard not having a full time job for 2 years results in difficulty finding any loan.