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28 October 2016 | 3 replies
Contracts for deed are being looked at more closely by CFBP because of predatory practices, but they are by no means illegal.4) What people are calling Sub2 financing can be achieved by 3 primary methods:Quit Claim deed where the seller has no recourse in the event of default but remains on the hook for the underlying loan.All inclusive trust deed (or wrap) where title transfers and the seller carries the note and continues to service the underlying debt.
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16 September 2016 | 14 replies
@Mas YoshidaSee following list:IRA funds CANNOT be invested via a promissory note to the following: Who’s OutYouYour SpouseYour natural parents and/or your adoptive parentsYour natural grandparentsYour natural children and/or your adopted childrenThe spouses of your natural childrenAny fiduciary of your IRAAny people providing services to your IRA–such as your stockbroker–as well as his employees and both his and his employees’ blood relativesIRA funds CAN be invested via a promissory note to the following:Who’s InYour brothers and sistersYour Spouse’s brothers and sistersYour spouse’s parentsYour spouse’s grandparentsYour stepchildrenYour spouse’s stepchildrenYour grandparent’s spouse, if not your natural grandparentYour aunts, uncles, and cousins
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15 September 2016 | 6 replies
Even after I approve someone I tell them until the lease is signed and I have the security deposit I do not pull the rental ads and I continue to consider the property available to other applicants.I have had, in the past, the unfortunate experience of having a lease signed and someone (a 100 percent service connect veteran no less) ask me to wait until the first of the month to pay the security deposit...only to have him drop off the face of the earth.
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22 November 2016 | 10 replies
The owner, Chris, is phenomenal and if it weren't for the way he views customer service and the culture of the company I'm not sure I'd have taken a position in this field.
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14 September 2016 | 5 replies
It will also allow you to use a contract collection service, which I would recommend.
14 September 2016 | 0 replies
I have less than a year left in the Air Force, so a steep task at hand is to gain enough traction in real estate to walk away from the service in 11 months.
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17 September 2016 | 3 replies
They have good rates on rentals and I know they service the KC area as I use them myself.
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15 September 2016 | 12 replies
Our state lobbyist out of Olympia spoke for a full hour on the socialistic bills and ideas coming out of the city council in Seattle in the Capitol.They are contemplating or have already enacted rules regarding no rent raises when service calls are unresolved, must show cause to terminate a m-m agreement, rent control, 5% capital gains taxes on RE sales (in addition to the 1.7% excise tax), pre-'78 lead inspections, periodic unit inspections, etc.
28 September 2016 | 6 replies
Use a realtor to gain access, or if you don't want to consistently depend on someone else, just pay for a MLS service for investors.
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17 September 2016 | 2 replies
Regardless, California landlords will have to be much more vigilant in their tenant vetting process, and not overly dependent on the paid screening services.