John Weiss
Indemnification Clause in PM Agreement
5 April 2024 | 43 replies
In fact, depending on the fact pattern even negligence may only lead to representation as the carrier will agree to defend the insured under reservation of rights.It's very important for real estate operators to understand the role insurnance plays and the mechanisms of coverage and relationship between transactional participants.
Chelsea Allen
Delayed financing or DSCR loan
1 April 2024 | 5 replies
My concerns with delayed financing are the double closing costs.I don't understand the mechanics of the different loans and what the tax benefits are of the different options.Thanks to everyone who has replied to my previous questions.
Nate Sanow
Average Net Cash Flow ? (Per door)
1 April 2024 | 98 replies
This is after averaging out the costs of 1) roof, mechanicals, siding, flooring, etc. and dividing by their life span then also subtracting general maintenance costs (handyman type stuff frozen pipes, etc.) you see each year.
Terry Free
Real Estate Simulator/Game
30 March 2024 | 27 replies
This is a good concept, but to translate into a game, you have to have some core mechanic that holds it all together.
Karyn Navin
New Member - True Rookie
30 March 2024 | 11 replies
Wife to an Army veteran/marine biologist/mechanical engineer/healthcare administration executive.
Jesse Kropf
Tax Deed auction in PA
31 March 2024 | 11 replies
You can check at the courthouse for recorded mortgages etc, but there are liens that may not be possible to determine such as an unfiled mechanics lien.
Anna Watkins
My recent Tax Lien Auction experience in Tennessee - lost, but got an education
30 March 2024 | 18 replies
He alerted me to a mechanic's lien on the property for $25,000 (5 times the tax value), which gave me several days panic until a lawyer friend explained that these liens expire after one year unless a separate suit is filed to enforce the lien.
James Wise
Renters shouldn't be allowed to be Realtors. Owning a home should be a requirement...
31 March 2024 | 61 replies
If I ask somebody how the mechanics of an airplane works, they will start by saying " I'm a broker in Texas"Everybody thinks they are a good agent just like everybody thinks they are a good driver.
Wai-Lin William Maw
Permits for moving a mobile home from one lot to another lot which had a home before
28 March 2024 | 3 replies
I contacted the city of Edmonton and was informed that moving a mobile home is treated the same as building a new home, and all the following applies:Development Permit ApplicationCombined Building, Mechanical PermitBuilding & Mech Safety CodesWiring Electrical PermitUnderground Service Cable PermitElectrical Safety CodesConstruction Water Rates 44¢/$1000 Construction Value Sanitary Sewer Trunk ChargeLot Grading FeeTo my knowledge, unlike a new home, all we would be doing is reconnecting the infrastructure, and considering that no modifications are to be made to the existing plumbing, electrical, sewer or the lot itself, so do all those permits apply?
Benjamin Amaral
Possible Mediation or Firing GC
29 March 2024 | 3 replies
You did not mention any payment issues, have you been collecting mechanics liens with each payment installment?