
20 September 2018 | 2 replies
When purchasing property with a lease option and the intention of creating a sandwich lease option, or purchasing "Subject To" and agreeing to make the owners mortgage payments in both scenarios, would limited durable power of attorney get around the "Due on sale" clause and make a future closing easier?

16 September 2018 | 130 replies
Canceling the contract without proper justification (those reasons should be spelled out in the contract) will get you sued for "specific performance" and/or "fraud in the inducement" and the seller may well look for consequential damages.Proper justification for canceling the contract is normally limited to home inspection and mortgage approval.

19 September 2018 | 4 replies
You don't want to wait until the last minute because that will limit your options.

17 September 2018 | 4 replies
The city limits of Katy is pretty small with about 15,000 residents, but the area referred to as Katy has an estimated 300,000 residents.

13 September 2018 | 0 replies
Now that I've got someone to screen, the landlord's process is to submit their rental application to a third-party screening service (applicant pays me the $30 fee to pass onto them), and if they're approved, the landlord informally OKs it without signing a lease or accepting rent payments from the new tenants.

16 June 2020 | 34 replies
Couple that with limited market knowledge, and you could find yourself in trouble.Folks are finding deals in the bay area.

16 September 2018 | 4 replies
Sky's the limit!!

16 March 2022 | 13 replies
It does require self-employment activity, but has a lot of advantages: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)

14 September 2018 | 6 replies
Location is a feature in QBO similar to class, with one limitation, it is available at header level only, which means you are allowed to assign one location only in each transaction.

14 September 2018 | 1 reply
Often times these investors can't find enough deals within city limits and are willing to expand out a bit.