26 April 2019 | 7 replies
Then it has an owner statement that the rights given to the owner by the agreement are cumulative in addition to VA laws current or future any statement or promise won't be binding unless if it is in writing.one other part is default stating any violation will give the right to evict the tenant and take possession of the residence(same process as VA law)they stated they will take legal action, did claim rights on this agreement are cumulative to the law however VA 225-55.01 does state you can opt out however and you have to expressively opt out of VRLTAIm not starting off the lease by stating to take legal action if rent is not paid and stating the rights of this agreement are cumulative in addition to the law. it is contradicting by saying any breach or violation of the contract in the default section will give her the right to terminate the contract evict and regain possession(does not specify any time frame) To me this is not clearly expressively opting out of VRLTA because she still has those rights under that act by following the VRLTA process.
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25 April 2019 | 4 replies
Make sure you have legally binding contracts drawn up if you do invest with your boyfriend prior to getting married so both parties are protected.
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2 March 2022 | 7 replies
No tenant or any other parties were injured at all, but the fact that I had insurance coverage structured like the above, rental income for 12months was forwarded to me in one check along with the total amount to rebuild/repair the property.
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16 May 2019 | 12 replies
He acknowledged they are pretty high as a rule so if my stuff is running very well currently without excessive personal involvement on my part, I might hold off to avoid those costs and reevaluate the DST again at a later date.
25 April 2019 | 5 replies
They are 3rd party and should be neutral so they should be able to explain the process.
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4 June 2019 | 13 replies
Third party management can make sense on any property as long as you are satisfied with the returns.Insurance costs will be proportionally more than a SFH/4plex in the area would. e.g.
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29 April 2019 | 40 replies
I use 4 main categories of asset/liability:Retirement accounts/529 planLiquid equities (stocks/mutual funds)Real Estate (properties and bank accounts)Personal (personal accounts, vehicles)I was going to use personal capital, but they had trouble accessing all of my various accounts and I got uncomfortable with having a 3rd party have my usernames and passwords.
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27 April 2019 | 3 replies
Normally the turn-key companies collaborate with local providers and contractors. when talking about signing the purchasing contract, the parties on the contract would be only the investors and local provider, rather than the turn-key companies.
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2 May 2019 | 10 replies
Finding The Deal:I was at a friend birthday party where I may have enjoyed one or two cocktails, too many, and was talking with a friend of a friend who mentioned that he was looking to get out of all of his 6 properties and would easily take 300k and cash out.
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18 December 2018 | 2 replies
@Nasson RaymondI cannot speak directly to the services of Advanta, and must disclose that I am a competitor offering a different kind of service in the self-directed plan space.Two key things come to mind:1) Advanta is a 3rd party administrator for IRA accounts.