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7 November 2024 | 22 replies
Every goal, decision, expectation, vision and operational decision has to be lock step with each other- and that isn't even discussing the money side of the agreement.
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4 November 2024 | 1 reply
Just make sure the arrangement is clearly stated in the lease agreement.
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2 November 2024 | 11 replies
Said I needed a multi family agreement.
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6 November 2024 | 6 replies
Here’s the advice restructured into paragraphs for a forum post:---In an off-market deal, it’s important to understand that the broker typically doesn't owe you a fiduciary duty unless it's explicitly stated in the agreement.
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5 November 2024 | 3 replies
@Eli Kantor You can’t bring in another agent if he has an exclusive agency listing agreement and an exclusive buyer agency with her and on top of that he was the one to introduce the property to her.
5 November 2024 | 5 replies
This is particularly important as you acquire more properties.Transferring the Property: If you're thinking about transferring your current rental property into an LLC, be aware of potential challenges that I have personally seenMortgage Implications: Check your mortgage agreement for any clauses related to property transfer.
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6 November 2024 | 8 replies
"Seller" allowed a syndicator to "buy" the deal by paying "seller" presumably a lot of money and an agreement to take over all operations.
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6 November 2024 | 9 replies
There are some forms of income that do not require any receipt to use which are some of the above (full time job just offer letter or ownership of newly acquired rental property (lease agreement + security deposit/rent proof only).If you dont plan to go back to full doc then stay in the no income/state world and the premium for these products varies between 1-2.5% higher than full doc fannie/freddie/FHA/VA rates but pros and cons right?
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4 November 2024 | 3 replies
These agreements enable homeowners to access their equity without taking on additional debt.
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5 November 2024 | 5 replies
Either case shows the application is not binding.The lease, however is a binding legal agreement.