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28 August 2024 | 11 replies
But you have to have a backup plan is the due on sale is called. by the way, not sure why people fears the clause.
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29 August 2024 | 19 replies
@Roman M. you're saying a community bank won't loan against a note secured by real estate?
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28 August 2024 | 5 replies
You need to provide them with the LLC information and the trust documentation when opening an account.I have opened bank accounts for the trust and for LLCs owned by the trust at multiple institutions, including one of the four major US banks, local banks, local credit unions, online banks, multiple major brokerage houses, etc.
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28 August 2024 | 2 replies
If nobody redeems, the judge forecloses the lien, quiets title, and orders the clerk to issue a deed to the investor.Because of a May 2024 statute amendment, anyone who has not received a final order of judicial foreclosure by 10/1/24 will be under the new rules.The new rules are the earliest you can foreclose your liens is 4 years after the first auction.
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28 August 2024 | 7 replies
These charts show data across each market on rent trends for re-rentals, where a new lease is signed on an existing rental property, and renewal leases, where an existing lease is renewed for an extended 2-year period.These data graphs show the percentages of growth and the number of leases in each category by city.
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28 August 2024 | 4 replies
@Michael L.Architect has to be licensed in that state as license requirement vary by state
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29 August 2024 | 3 replies
A .5% post-tax "spread" between highly volatile projected stock market returns, and the guarantee of a 7% return (by not having a mortgage payment) just makes no sense, to me.
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28 August 2024 | 2 replies
Looking to off-load maintenance requests by hiring companies, just wondering if anyone have experienced with the companies I mentioned above?
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28 August 2024 | 4 replies
There is a right way and a wrong way to do a LLC, 99% follow the herd on biggerpockets and think they are "protected" by doing this but all it seems like they are doing is throwing money away by making life harder for themJust my non legal 2 cents on this.