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23 April 2018 | 5 replies
It’s B-class, was rehabbed long distance for 10% of purchased price, strict 0.5% rule regarding cash-flow (or 5% yearly, but the property taxes there are practically nonexistent), all the utilities on the tenant, super landlord friendly, great PM found through internet and absolutely hassle free.
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1 May 2018 | 4 replies
Not one of the banks I've talked to (5 now) knew anything about the NCGS/NCAC rules or even the concept.
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17 May 2018 | 20 replies
In Atlanta, are you able to achieve 2% rule deals, either in the city or OTP?
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20 April 2018 | 10 replies
She pays on time and follows the same rules as everyone else.
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19 April 2018 | 4 replies
With that being said what are other landlords seeing as a general rule of thumb for rent increases?
19 April 2018 | 1 reply
I was under the impression it was the Nursing Home restricting that percentage, but I'm not certain.
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19 April 2018 | 3 replies
Time for a cpa call because these margins are too tight to sell on a swag.I wouldn't necessarily rule out a 1031.
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24 April 2018 | 11 replies
If you want to open up your deal to non-accredited investors (investors with less than $1M net-worth excluding primary residence), there are very strict non-solicitation rules that would apply, to which your original post would probably disqualify you for.So, now you're left with an SEC 506(c) offering, which allows you to solicit accredited investors (net-worth of $1M and above), or taking general only partners, who have actual active roles with decision making power.If you're still want to take passive investors, you definitely want to talk with a good SEC attorney!
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22 April 2018 | 9 replies
This rule is key, because if you pay interest on a credit card you lose.
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21 April 2018 | 2 replies
Question: is it true that certain types of loans can restrict a contract for deed option and/or lease?