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22 June 2022 | 8 replies
The co-owners may enter into a co-ownership agreement that runs with the land.5.
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2 January 2022 | 4 replies
A transfer of title can be made, unrecorded, by selling the beneficial interest4.
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2 January 2022 | 3 replies
This was done by any of the following; a statement showing the down payment transferred “outside of closing”, funds transferred to the title company as a down payment but actually from the seller, the seller “purchasing” another asset from the buyer for a heavily inflated price, the reported price being in excess of the “real price” with the seller taking a “silent” second, and something known as “disappearing” earnest money, “paid” directly to the buyers attorney.
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4 January 2022 | 29 replies
@Chris Utter I sat down with a few older tenants and showed them how to make a direct transfer from their bank (zelle or similar) to mine.
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2 January 2022 | 2 replies
3)assuming i have NO other passive loss that year, that 15K passive loss will be transferred to the next year?
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3 January 2022 | 9 replies
Make sure you have a copy of the current lease for the tenantsIf the current lease indicates that the tenants have paid a deposit, make sure you transfer the deposit to the right type of account or give them back their deposit with interestSee if you can get a picture of the interior of the unit to document it's current condition2.
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10 January 2022 | 39 replies
Of course, they had to get their net worth well into the nine or 10 figure range to be able to qualify for this role in large deals.And I also know a couple securities attorneys who get GP equity for handling the legal aspects of the syndication.At least in ORegon I asked my attorney if they could trade fee's for % ownership and she told me its not legal in ORegon.
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2 January 2022 | 0 replies
I have never inherited tenants before and after only one month of working directly with them, I don't think I will ever purchase another property with tenants that transfer with the purchase.
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3 January 2022 | 2 replies
I have never inherited tenants before and after only one month of working directly with them, I don't think I will ever purchase another property with tenants that transfer with the purchase.
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2 January 2022 | 2 replies
I consider a higher quality resident to be one that is excited to live in such an attractive unit, is financially stable, has an excellent payment history, has pride of ownership, and is honest.