Paul Stewart
STR Life- Remitting and paying Taxes
16 January 2025 | 11 replies
We manage between 80 and 100 listings it varies winter to summer but the processing of manually Remitting and paying out the property taxes takes much longer than 10 min.
Eyal Goren
Is Subto legal?
14 January 2025 | 23 replies
The "due on sale" clause (DoSC) obligates the seller to notify the lender if the property is sold.Failing to do so would place the seller in violation of this agreement, giving the lender the right to accelerate the loan.But no laws are being broken here.So, subto is neither legal nor illegal.Second, it only works because most lenders are more interested in receiving payments than in invoking the DoSC clause and foreclosing on the property.But, it can work, provided seller and buyer are both on board and the proper process is followed.
Treza Edwards
New Construction Decatur, AL
14 January 2025 | 3 replies
Hi Treza,Not sure where you are in the process there, but when your ready to exercise financing options please reach out, it's very difficult to find a ground up program for inexperienced borrowers without having an experienced GC sign on the loan with you which in turn is not easy to find.
Olga Daisel
Advice on investment type
23 January 2025 | 5 replies
Custom building a home is a slow and painful process.
Jordan Laney
PM changed the utilities too early and now we're stuck holding the bag
8 January 2025 | 38 replies
We started the eviction process.
Matthew Allen
Is This Sale Lease Back Strategy A Bad Idea
29 January 2025 | 3 replies
It’s an interesting approach, but ensuring a strong screening process and a legally solid agreement is key.
Chris Seveney
Getting A Deed In Lieu at closing to store away
29 January 2025 | 21 replies
What's a friendly foreclosure process?
Noah Laker
TAXES: Divorced client wants to sell
17 January 2025 | 3 replies
@Noah Laker Your client should sell the property under her sole ownership without adding the ex-partner to the title, as this could trigger gift tax implications and complicate the process.
Chris Magistrado
Remote Flipping, is it possible?
29 January 2025 | 10 replies
Everyone in real estate will be incentivized to upcharge your friend along the process hurting profitiability.
Bruce Reeves
Sell rental now?
16 January 2025 | 6 replies
Am I missing anything significant in this thought process?