Seth Kristian
Denver hellbent on taking STR License
21 April 2024 | 25 replies
I feel Ike they pivoted quite a bit in the last few years since city and subsequent county license requirements spurred an STR plateau and the motivations are a bit deeper and multi-purposed now.Take parallel economies, such as Uber/Lyft, the ONLY two TNC license holders in the state and each year pay an excise tax of a few hundred thousand a piece, if not more (just for the permit, not including the whats taken from drivers).
Fadela Zaoui
Seller financing & court ordered sale
18 April 2024 | 2 replies
Hey @Fadela Zaoui - if its a court ordered sale... unlikely sellers would entertain seller financing, but the answer's always no unless you ask :) I recommend working with your broker to figure out what the sellers really want - sounds like one of the sellers wants to cash out so they may not be the person that wants to do seller financing BUT the other seller may be open to it.You could also potentially look at a joint venture option where you just buy out the seller that wishes to sell her portion, and partner up with the other equity holder who now gets to retain their piece of the pie.
Collin Hays
Lawsuit Part II: Negligence versus gross negligence
18 April 2024 | 16 replies
This is why it is important to make sure your day to day operations are run properly and every vendor who performs work at your property and /or on behalf of you is properly insured and you are added as additional insured under their policy (not merely a certificate holder).
Lutfiyya Portier
What to do when someone name is holding you back?
17 April 2024 | 14 replies
Generally a quiet title is probably the course of action to clear the other named title holder.
Shawn Dandridge
Buying HOA Liens
15 April 2024 | 26 replies
The HOA can file foreclosure vs. the 1st mortgage holder.
Gaurav A.
LP In Syndication | losses from Syndication & W2 income
17 April 2024 | 17 replies
LLC member (Limited partner from a legal standpoint but with management duties)Becuase of the LLC's limited partner's confusion, under the proposed regulations, subject to an exception noted below, an interest in an entity would be treated as an interest in a limited partnership under Code Sec. 469(h)(2) if:-the entity in which the interest is held is classified as a partnership for Federal income tax purposes under Reg § 301.7701-3; and-the holder of the interest does not have rights to manage the entity at all times during the entity's tax year under the law of the jurisdiction in which the entity was organized and under the governing agreement.
Veronica Solomon
Insuring Rental Properties Deeded into LLC's w/ conventional personal loans attached
16 April 2024 | 11 replies
If your lender is being a pain about that, then it's best to heed their advice and if/when you re-fi make it into a DSCR or nonQM loan to have your LLC as the real title holder.
Matt Pursley
CRYPTO and Real Estate
13 April 2024 | 4 replies
NFT holders therefore have ownership rights to the SFR and within our ecosystem collect their share of rental income.NFT holders have voting rights for big events (such as selling the property) or they can liquidate their own shares through any NFT marketplace (such as OpenSea for example).
Ellie Narie
What should I know about self-managing D-properties remotely?
15 April 2024 | 33 replies
There’s always a risk of retaliation.On Monday, I reached out to the key holder of different property on the same street.
Mike Mitchell
abandoned house
13 April 2024 | 16 replies
My gut feeling is that the county and perhaps other lien holders that I'm not aware of, have harassed him in the past.