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10 June 2024 | 0 replies
Your proof is a warranty deed.A warranty deed is a written legal document that transfers legal and equitable title of real property from one person or entity to another.
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7 June 2024 | 11 replies
Folks,I am negotiating an owner-operated restaurant lease and tenant agrees to a personal guarantee for the initial lease term of five years but rejects a guarantee for the two options (five year each).
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10 June 2024 | 8 replies
A Real Real Estate AnalogyI am starting my real estate adventure and I am trying to draw a comparison from paper assets (stocks, bonds, notes, T-bills, crypto, etc.) with real estate.For those who know a bit more than me (and i know this will vary by person) but what are corresponding "tech stocks" (AMZN, AAPL, NVDA, FB, GOOG, etc.) of real estate?
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10 June 2024 | 9 replies
It's because they are building "teams", spending too much time "evaluating" deals online without ever seeing one in person, trying to use other people's money with no collateral, and vetting systems that they have nothing to put into.
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10 June 2024 | 1 reply
Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.
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11 June 2024 | 3 replies
As you imply: there is no set standard for "conservative", but my personal POV is we are going to be living with 6% interest rates for a while.
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10 June 2024 | 0 replies
The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories. 21.64% of the total depreciable basis was classified as 5-year class life.
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10 June 2024 | 2 replies
I don't contribute anything to this website other than the posts i made about the person charging me.So now I get to go up against someone that has a million dollar lawyer while all I'd be able to afford was a free public defender.I am absolutely having a break down due to this websites inability to care about what their inactions do to people...agreeing to their terms of service when we make our accounts shouldnt give them the right to hold onto all the media if it creates massive problems for us.
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10 June 2024 | 5 replies
In your circumstances, the owners will 100% have to personally guarantee any loan to the LLC, so this won't be an issue.
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10 June 2024 | 2 replies
Many of us have our own personal set of attributes we look at, such as price per square foot.