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19 April 2020 | 5 replies
This is documented with a promissory note which was at 7% interest and is now 5%.
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3 December 2013 | 5 replies
What documents do I need so I can find real numbers and not pro forma numbers?
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15 December 2013 | 15 replies
There's no need to keep them in the dark.You may also want to have a separate document that states that the lease agreement that they are signing with you becomes null and void if the transaction does not consummate/close.
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3 December 2013 | 19 replies
Request documentation, call their insurance company, have a recovery plan.An approach we use at 2 of our client's properties is a non-refundable pet security + required renter's insurance on the pets.Best of luck.
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12 December 2013 | 10 replies
For example say I have a fair amount of excess capital in my flip entity from profitable flips, I can return that capital to my personal account and document it as such (return of capital, profit share, compensation, etc...) and then "invest" that money into my rental entity when I need to purchase a rental.
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15 December 2013 | 15 replies
If they don't, move along.Do not pay for conversation and consultation but be willing to pay for implementation of the entity structure and associated documents (articles of incorporation, etc)If either you or your son own other businesses consider an S corp.
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4 December 2013 | 5 replies
Their answer will likely depend on what's written in the 401(k) plan document.
4 December 2013 | 4 replies
No other way.Every document she offered to show you can easily be forged and there are numerous offers on Craig's List to produce those documents for willing parties.If you did, for some wild reason, decide to forego the credit report and accept the documents she offers.
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5 December 2013 | 13 replies
We also prearrange for storage at a nearby storage facility.The sheriff approaches the property first, determines if there is anyone inside, posts his legal document then steps aside and stands guard as our locksmith gains entry and changes the locks (some landlords to the locksmithing themselves), our movers start moving furniture to the van and we pack up everything else in boxes and bags.
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13 December 2013 | 19 replies
If you do use the deposit for rent (I'm not suggesting it) make sure to document it very well.