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22 July 2024 | 120 replies
We have an initiative called Eviction Free Milwaukee - sounds like a great idea, because evictions are a lose-lose for investors and renters nobody wants evictions.Most evictions are because of non-payment, but instead of helping with rent payments the majority of the funds goes to free attorneys (rookies usually) trying to stop eviction cases on formalities.
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16 July 2024 | 41 replies
Judicious use of leverage (debt) when the property will still cash flow positive after debt service; when there’s enough equity left in the property to refinance if advantageous, and when sufficient reserves are held to cover vacancies, recessions, and unexpected repairs5.
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16 July 2024 | 3 replies
It may also help to show a formal contractor bid with a dollar amount to fix the violations to justify the amount of your OWN MONEY you are asking for.
15 July 2024 | 4 replies
Immediately, have them sign a month-to-month lease to formalize your relationship and set basic terms.
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15 July 2024 | 7 replies
She sent me this long formal letter asking me to change her annual lease to month to month because she is seeing roaches in the unit.
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14 July 2024 | 3 replies
This step formalizes the transfer of rights from you to the new buyer.It's crucial to ensure that all parties are aware of and agree to the assignment process before proceeding.Closing:At the closing, the new buyer typically pays the purchase price outlined in the original purchase agreement directly to the seller.Simultaneously, the new buyer pays the assignment fee (your profit) to you, as specified in the assignment agreement.The closing may involve a title company or attorney to facilitate the transfer of ownership and ensure all legal requirements are met.
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13 July 2024 | 3 replies
How Technology Changed My Real Estate Business in the Last 25 Years25 years ago I decided to “formalize” by hard money / private money investments and start an investment fund and syndicate these note opportunities.
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17 July 2024 | 37 replies
My wife has a formal degree in design where whe loves creating floor plans and building/renovating homes.
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15 July 2024 | 26 replies
Consistently observing the corporate formalities My initial post in this thread was intended to get new investors refocused and thinking about asset protection more practically.
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11 July 2024 | 4 replies
we just started a company, and we have dived into tax liens, so I am still kind of new at this, but if you are interested in tax liens, I would say it is the way to go, also I have not taking any formal educational program, not yet, I just have gotten a source that I could purchase tax lien properties from and it has been very valuable....So what questions can I answer for you?