Daniel Colon
Lender won't let me move the property to my LLC
19 June 2024 | 32 replies
The CFPB does define "conventional loan" as "any mortgage loan that is not insured or guaranteed by the government (such as under FHA, VA or AG programs)", conveniently leaving out the guaranteed money that Fannie Mae and Freddie Mac enjoy as pseudo governmental agencies, but no one that does DSCR loans cares what the CFPB calls their loans because they don't govern DSCR.I'm a broker.
Dana Powell
$40,000 or $7,000 to paint 1368 sq foot rental?
14 June 2024 | 16 replies
Define you're level of quality and repeat.
Abby S.
Chicago basement ceiling height: 7'6" or 7'?
15 June 2024 | 8 replies
Additionally, 14B-2-202 Defines a Basement as:“Basement: A story that is not a story above grade plane.”Additionally, 14B-6-605 notes:“Except in buildings of group R-5 occupancy, floor construction over basements shall have afire-resistance rating of not less than 1 hour.”This means that if you are Very close to missing the 7'-0" mark, you can leave the ceiling unfinished and measure from the floor finish (a thin LVT or Vinyl tile would be recommended) and the Underside of the Joist.Note: Rooms containing gas-fired appliances (i.e.
Carlos Ptriawan
as unemployment would be 100% going up next year and higher chance of recession
20 June 2024 | 245 replies
Unemployment, as traditionally defined, is less relevant than ever in 2024 for two primary reasons: - Gig Workers: There was steady increase in the 2010s, and then an explosion in 2020 with COVID in the number of gig workers in this country.
Brenda B.
Does my silent partners needs to be in my LLC
14 June 2024 | 13 replies
These terms are defined in Chapter 57D (NC LLC Act) of NC State Statute and referenced by the Operating Agreement.
Rakesh Battula
Potential Investment - Medical Office Building on LoopNet
13 June 2024 | 2 replies
Are the renewal options defined rent, i.e. 4x 5yr renewals with 10% bumps on each?
Diego A.
Syndication vs Partnership
12 June 2024 | 15 replies
You can define the roles of each person inside of the partnership agreement without necessarily using the terms General & Limited Partner.
Nicholas Lilly
What are Non-Disclosure Agreements?
11 June 2024 | 0 replies
Information sought to be protected by an NDA must be specific so that there is no ambiguity, and for the courts to consider the agreement reasonable.Examples of information protected by NDAs include trade secrets, financial information, customer information, intellectual property, product formulae, product information, business plans, contracts with other organizations and computer codes or access processes.Sometimes, defining confidential information is hard because a whole lot of information is involved, especially in unilateral NDAs.
Junaid Javaid
Developed 800+ Units in Canada - Looking to Partner with experienced developer in USA
11 June 2024 | 4 replies
I used to define markets by state but now we do by zip codes and strategy. there's 440 zips in ohio, 7 of which we do business in which are downtown columbus and that is the urban core and urban core adacjent. rents are higher, property values are higher, developer and density friendly, low risk land or infill land, plus fastest appreciation in the market.
Kesha Hamilton
Development Opportunity but limited experience
11 June 2024 | 15 replies
Start with calling the planning dept at the city to define the zoning and allowed density 2.