14 August 2018 | 8 replies
For example: In a case where a client had a bunch of rentals in an IRA-owned trust, the IRS contacted the trustee, property manager, and some of the contractors and inquired as to both what they did with the properties, as well as what the IRA owner did.
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21 August 2018 | 6 replies
@Dustin Maxey If you are going to be an out of city or out of state investor you will definitely need a local team you can trust.
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16 August 2018 | 3 replies
Some specializations within real estate include:Transactional (closing attorney)Landlord/tenant/eviction attorneyAsset protection (setting up LLCs and trusts, and advising on the best structure)Commercial real estate (Includes negotiating leases and P&S)Contractor/construction attorneyPerhaps you want to fill us in on exactly what you're looking for?
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16 August 2018 | 19 replies
But you have to check properties out and put in some time and usually some money (for inspections) to properly dig in and know a property.My best advice- when you start relationships with realtors, lenders, title companies, etc- It's important to listen- but not give them so much trust that you take a back seat in the transaction.
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18 April 2019 | 3 replies
We used one of those legal websites and here is the language we used with repayment specific to our situation.Loan AgreementDated: __________FOR VALUE RECEIVED, the undersigned, NAMES (the "Borrower"), located at ADDRESS, hereby promises to pay to the order of NAMES, (the "Lender"), located at ADDRESS, the principal sum of $XXXX together with annual interest of X% on the principal balance, and in accordance with the terms set forth below.Payment.
15 August 2018 | 8 replies
What I'm wanting to accomplish may be immoral but I'm looking for a legal way to get my bank to sell my mortgage to a trusted 3rd party.
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14 August 2018 | 13 replies
basically i trust this guy to do a good job.
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16 August 2018 | 12 replies
Ask people if they know anyone that will lend as a first deed of trust to make 8%.
3 September 2018 | 7 replies
(This particular municipality doesn't release usage stats, either aggregate or by address nor have any figures been shown.
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16 August 2018 | 8 replies
When you saw all the units did you ask tenants if they have any maintenace issues that need addressed?