
21 June 2024 | 23 replies
fractionalized TDs and notes in CA is how we ran our HML companies it is standard operating procedures.the Broker holds the originals and think of the investors just like you would a TIC on a deed.. each investor has a % ownership and is spelled out in the TD and the Note.. now after the fact there can be partial assignments as well.

19 June 2024 | 3 replies
Also, you probably need a civil engineer to make sure everythign is viable, since part of the approval process is having a civil draft up plans for sewer, water, grading, etc.

19 June 2024 | 17 replies
Westchester NY, who pays for (expenses) heat, hot water, electric, snow removal, salting, trash bin maintenance, plumbing stoppages, plumbing leaks, key changes, sweeping and cleaning, CCTV, rehabs after tenant moves out.

19 June 2024 | 12 replies
Thanks, Gary Neely Gary, Just use you standard state contract and write out the terms of your seller financing in an addendum or on the OTP itself if there's lines for additional provisions.Be clear and concise.Example,Seller will carry a promissory note secured by a 1st position mortgage in the amount $97,583.00, at 6% interest, amortized over 30 years, witha a maturity date and balloon payment due 10 years after the closing date.Hope this helps and certainly get an attorney involved if you are not comfortable drafting the language.

18 June 2024 | 3 replies
The home has a septic system and water catchment(?).

18 June 2024 | 7 replies
Shut the water off at the street so you don't come back to any burst pipes (unless you need it for irrigation).

20 June 2024 | 10 replies
I then factor in any utilities (besides water, sewer, and trash) that we are including if any to come up with a recommended price.4.

18 June 2024 | 17 replies
Although the QCD is currently generated by the seller, we are exploring ways for our platform to generate the QCD document along with the other closing documents we already produce, ensuring the entire process meets the high standards our customers expect.

18 June 2024 | 0 replies
Regular inspections for any signs of wear, cracks, or water damage are advisable to maintain the facade's integrity.Parking and Access: The covered parking area is a significant advantage for tenants, but ensures the area is well-lit and secure to prevent any potential safety issues.Interior Features:Layout: The open floor plan with large windows ensures ample natural light, which is appealing to tenants.

18 June 2024 | 4 replies
I know it has utilities on site, I can see everything (water, sewer, electricity).