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15 October 2024 | 40 replies
Particularly when it comes to residential properties, most lenders would rather lend to people than LLCs.Transfer of Property: Your mortgage's due-on-sale clause may be triggered if you subsequently decide to transfer a property that you now own in your name to an LLC.
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16 October 2024 | 16 replies
"Under the provisions of Section 1101.002(1)(A)(ix) and (x) of the Real Estate License Act a person making a referral of prospects or property for the sale or rental of real estate must be licensed under the act if the referral is done with the expectation of receiving valuable consideration.
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18 October 2024 | 8 replies
Hey Joe, Having a large number of rental properties and installment sales can certainly make your tax return voluminous, but as long as you're maintaining accurate records, filing everything correctly, and reporting all income, the size of your return itself is not necessarily an audit trigger.
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18 October 2024 | 29 replies
If they indicate they will leave a positive review, the survey will direct them to the proper OTA to leave that positive review.If they indicate they will leave less than a 5-star review, trigger an email to the host/assistant for immediate follow-up.
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17 October 2024 | 12 replies
The going rate for private money is considerably more than 7% (generally 10-14% in 10/2024).
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16 October 2024 | 0 replies
It should include the keyword multiple times within the ad body and title so that it gets highlighted, which is another trigger for visitors to click on YOUR ad.3 - THERE IS NO CALL TO ACTION.Every ad needs to create a sense of urgency with a call to action, such as “Start Today” or “Get An Offer Now.”
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17 October 2024 | 4 replies
Thanks for all and any considerations.
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16 October 2024 | 17 replies
He said that:" licensees are not allowed to pay consideration for referrals, defined as anything of value, to someone who is not a real estate licensee.
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16 October 2024 | 5 replies
In Austin, I know Horizon Bank has been open to more creative financing strategies too, so it’s worth checking with them.One thing to keep in mind is that the terms can vary wildly depending on the institution, so I always recommend reaching out to a financial advisor who’s well-versed in life insurance-backed loans before pulling the trigger.
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15 October 2024 | 5 replies
Over the past 3-4 years, most DSCR lenders have restructured the prepayment penalties to be triggered even with additional payments to principal.