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29 December 2022 | 4 replies
@Peter WaltherIf you already own the lot then the only (and it's a real stretch) would be a lease hold exchange - The lot has to be transferred to a different 3rd party for at least 180 days and then to the QI and then maybe it works.
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29 December 2022 | 8 replies
At the end of year 8, the tenant may purchase the home for $1; there is no equity transfer and the title and contract will sit in a land trust.
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23 June 2020 | 10 replies
They are refusing to return the call of the current owner so that we can have the keys transfered to my property manager.
15 October 2022 | 30 replies
Right after he made the transfer to his bank account, PoL canceled his transfer and his money disappeared from the account.
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21 December 2020 | 14 replies
There are other methods I've heard of where property is transferred to an LLC and the LLC is transferred, but I feel like that is asking for trouble since the intent of it is to skirt around a law rather than do something legitimate in the state's eyes.
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14 December 2022 | 7 replies
You can follow up after the actual transfer of property with your own letter or notice, referencing the introductory letter/notice, and providing additional details on how/who to contact for maintenance, payment info, etc.Your follow up letter might include instructions to schedule/prepare for an inspection within the next 10 days, so you can inspect each unit and ask about unresolved maintenance issues, ownership of appliances, vehicle information, etc.
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5 January 2019 | 12 replies
If the lights and gas were not transferred into their names on the day we signed the lease (and I would call the utility companies to verify if they did this or not) then I didn't rent to them.
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31 December 2022 | 5 replies
Sometimes they will negotiate the fee, but they want the fee upfront, before they transfer funds to my account.
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31 December 2022 | 5 replies
Not to mention, transfer title of the property into the entity if first purchasing in your name if we are talking residential.When it comes to insurance, I am a believer in structuring your policies in a way that make the most sense for the investment, and offer the absolute most liability protection you can add.
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4 January 2023 | 2 replies
Write an offer on a new property, say you want to take title with the new LLC, and write the check out of the old LLC or transfer the old LLC's money into the new LLC's bank account and buy it.