Dave Holman
How to sell 10% of a property LLC?
6 May 2018 | 7 replies
If it was a bank they probably filed some LLC amendment documents that you signed at closing.
Alissa Engel
What do I request from the seller when vetting a 12-Plex?
12 July 2019 | 9 replies
@Alissa Engel its Trailing 12 month. same thing as T12.its a report that shows month by month what income was in and what expenses were out. including capital expenses. once you do the financial analysis you go a head and do the lease audit.As minimum ask for the following:Leases, amendments, modificationsCurrent or future lease concessionsSecurity depositsCurrent rent rollsCurrent rent arrears
Kevin Dickson
How Is Your Real Estate Business Structured?
21 March 2018 | 1 reply
They suggested that I file an amendment to the articles to make myself a managing member of the LLC, and even in that scenario, the other two would have to go to their local Chase bank and fill out a form letting the branch here in Portland know that they are members that live out of state.
James Jacobs
Seller is NOT Cooperating
31 August 2016 | 4 replies
I had him sign an amendment which extended the closing date to the third week of September, but things have just stalled recently.
Muks M.
Agent Commision
30 December 2015 | 4 replies
Another thing you can consider if you are not getting offers (conceivably because of lower %) is to amend the listing to include a bonus to the buying agent if under contract by X date.
Spencer Hilligoss
Avoiding "Due on Sale clause" with a convential lender. A saga.
3 November 2017 | 2 replies
Rep mentioned that he could only read the details outlined on the letter and "I should speak with someone at my local branch”In our case, we failed to meet requirement #2, because we created a vanilla, standard mixed-use Operating Agreement… and that was our mistake/learning learning for this particular bump in the road.At this point, we decide: “Well, we created this LLC for the purpose of investing, so let’s amend the Operating Agreement.
Account Closed
Property Management issue, what should I do?
16 November 2017 | 28 replies
This has become more of a hassle than it is worth, and I am ending my career in real estate.
Vika Bha
Making offers on properties
10 December 2017 | 9 replies
You should at least find reasons to amend the contract for a better price, like repairs, etc.
Damien Hall
Help with assignments!
1 August 2007 | 21 replies
The amendments protect my fee as well as provide a way out if anything goes sour.
Rich Weese
RE goals-estate planning -Part 5 and final part
18 May 2010 | 10 replies
Dad's trust is about 80 pages long, not counting amendments and codicils.