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9 January 2025 | 8 replies
You will want to consult with a lawyer.In regards to your last two questions here's some background on what makes a contract valid and enforceable:Offer: A promise to do or not do something within a certain time period Acceptance: A clear and direct statement that all terms and responsibilities are accepted Consideration: A legal and adequate inducement given in exchange for the promise Capacity: The parties to the contract must have the legal capacity and competency to contract Awareness: A party must be aware of the contract Legality: The contract must be legal in the jurisdiction it will be operating in***Not legal advice*** Steps I would take: -Review contract in detail to understand each counterparties responsibilities (if you are not aware)- Email a copy of the lease to each of the tenants listed on the lease and reiterate lease expectations for termination notice, rent payment etc. - If the lease was signed via Docusign (other esign may have same ability) - you can go to the envelope, go to history and view the IP addresses for each action taken.
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1 February 2025 | 56 replies
Each of these asset classes requires a deep understanding of market conditions, legal nuances, and financial structuring to avoid costly mistakes.For example, tax liens can seem like easy wins but come with complications such as redemption periods and legal challenges.
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21 January 2025 | 40 replies
More than half are under property management, the rest I do on my own.
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7 January 2025 | 2 replies
I have purchased an off-market property from an investor who now wants to sell the rest of his portfolio.
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19 January 2025 | 18 replies
@Samuel Coronado, @Elan Adler Entire subdivisions of build to rent put more pressure on local landlords because the big institutional investors can afford to buy tenants with low rents and free initial rent period.
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5 January 2025 | 18 replies
During period of low interest every post on BP was about cash flow - now that cash flow upon acquisition is dead the only option is equity which is also reeling because price appreciation is finally back to realitypersonally I buy for growth because I buy to hold for 10-20 years or longer.
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9 January 2025 | 28 replies
When your a housing provider where good decent people want to live, well the rest just has a way of taking care of itself, it really does.
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4 January 2025 | 0 replies
We used $100k of private money and the rest was personal cash.
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7 January 2025 | 7 replies
I have been tweaking pricing periodically and viewing comps to other cabins in the area.Will definitely look into Trip Shock and the affiliate/ partner options.
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26 January 2025 | 51 replies
And as an LP, I can do 75% of my due diligence from my desktop computer, the rest is going to the properties themselves, going to sponsor meetings, talking with other investors etc, which is a ton of fun. good luck :)