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3 March 2021 | 11 replies
Greene's book, but from what I've heard on the podcast, the principles he describes for out-of-state investors apply almost universally to out-of-country investors.
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10 February 2021 | 8 replies
The real estate lawyer in Mexico said we can buy property in the forbidden zone as @Mike Lambert described.
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9 February 2021 | 13 replies
Originally posted by @Dennis Wayne:@Joe VilleneuveI have amended my contracts to have the wording “ this is not an installment sale or land contract it is merely an agreement to excercise the right to buy the stated property and price above “ Something to that effect anyway What do you think this allows you to do different than what I described above?
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8 February 2021 | 11 replies
The model you described in split equity is what we’ve been tossing around the idea of.
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3 January 2021 | 24 replies
For purposes of this division, in addition to any other type of unlawful and forcible detention of lands or tenements, such a detention may be determined to exist when both of the following apply:(a) A tenant fails to vacate residential premises within three days after both of the following occur:(i) The tenant's landlord has actual knowledge of or has reasonable cause to believe that the tenant, any person in the tenant's household, or any person on the premises with the consent of the tenant previously has or presently is engaged in a violation of Chapter 2925. or 3719. of the Revised Code, or of a municipal ordinance that is substantially similar to any section in either of those chapters, which involves a controlled substance and which occurred in, is occurring in, or otherwise was or is connected with the premises, whether or not the tenant or other person has been charged with, has pleaded guilty to or been convicted of, or has been determined to be a delinquent child for an act that, if committed by an adult, would be a violation as described in this division.
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3 February 2021 | 5 replies
Yes, my Acquisitions caller does mark off all leads as you've described using the Mojo dialer.My question is, after we have exhausted this list and choose to pull another list in the same area, what software do you use to compare the old list to the new list to ensure that you aren't wasting money skiptracing and attempting to contact dead leads from the old list?
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14 December 2020 | 4 replies
Generally speaking, what you are describing is an estate planning taboo.
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21 January 2021 | 14 replies
The inversion you describe sounds like the properties will still be trapped in an S-Corp structure, so no benefits of having them in an LLC.By the way, the major benefit of having real estate in an LLC is that you get to include mortgage debt as part of your investment basis, which means that rental losses are not limited by your investment in the company.
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15 December 2020 | 2 replies
I see deals like the one you just described a few times a month.
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24 March 2021 | 4 replies
As you described, I would transfer the property to the land trust and name the LLC as beneficiary, of which I am the sole owner.