Javier Molina
Mildly complex structuring for multiple properties. (LLC, Trusts, Multi-state)
12 December 2024 | 12 replies
I had a conversation with a Probate/Estate lawyer and he suggested the following but what he said doesn't quite add up to what I have read so I want to see if I am just not understanding or if I am getting bad gouge.Advice was to create WY LLC that owns all properties, that is then "owned" by a land trust for additional anonymity, that the beneficiary is a regular Trust that owns everything else in my name.
Karin L Mahmoodi
Early Termination (abandonment) of Apartment Prior to End of Lease in Duluth, GA
11 December 2024 | 5 replies
My expectation is that they won't pay it, or ignore it altogether.Lastly, if they are actually able to prove your home was in such bad condition that it was uninhabitable, they may have a leg to stand on for early termination/abandonment.
Kent Fang ching
Guidance on OOS markets to get into
24 December 2024 | 44 replies
All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.
Dalton Dillon
Appraisal came in low
26 November 2024 | 6 replies
Especially if the house is in a bad shape, some don't have the vision to go past that and they are giving you a lower ARV.
Jae Yoo
Help with property management company that won't pay me and are ignoring my emails
10 December 2024 | 7 replies
It sounds like you have a bad pm if they are ignoring when you are trying to contact them.
Zach Harden
My first rental
7 December 2024 | 2 replies
First deals have a bad reputation for being a "miserable experience."
Kylie A.
Creating a Nonprofit
6 December 2024 | 4 replies
The paperwork isn't too bad, at least here in Texas.
Scott Zeiger
Appliances
17 December 2024 | 29 replies
I worry about a renter with a good rental history being to cheap to put anything in but his grandmas avocado green range, cause it still "works".Not providing appliances in my area would also be a bad plan causing extended vacancies.
Ben Cochran
Should I pull some equity to purchase an STR?
10 December 2024 | 6 replies
I was also a Dave Ramsey guy at the time and thought debt was bad.
Julie J.
Creative financing Q
7 December 2024 | 4 replies
Patience can be your best friend and if you attempt to over leverage a property it can come back to hurt you.Some will recommend buying subject 2 where you could take over an existing mortgage that could be at a substantially lower rate - but if the lender finds out and calls the loan that could also be very bad.