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15 July 2019 | 0 replies
For the first question, this is what I was planning on providing to investors on my cash buyer's list:Recent comps (compiled from House Canary (paid), BOA comp tool, FSBO comp tool, Zillow comp tool)Rent Fax Pro Forma Full Report (paid)Title Check (paid)Renovation Estimate (paid)(Fix-n-Flip estimate & Rental rehab estimate)PicturesVideo Walk thruI'm wondering if this is too much information, or if this will make it easier for an investor on my list to pull the trigger?
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17 July 2019 | 15 replies
I definitely plan on doing a lot of homework and looking at many, many multifamilies before pulling the trigger.
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1 July 2020 | 2 replies
Programs like this are designed to be a win-win; the cost per client is low enough not to hurt their cashflow but to provide real tangible and substantial benefits if triggered; but by keeping costs per client reasonable and offering a legitimate benefit, the PM signs up enough clients to more than cover those 5% of evictions they face annually with the total fees they collect.
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3 July 2020 | 6 replies
So far only a few have pulled the trigger, but I believe we'll see a lot more of this in the near term.
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3 July 2020 | 4 replies
First, will your lender trigger a due on sales clause?
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4 July 2020 | 2 replies
But I dont want to risk the due on sale clause to trigger.
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3 July 2020 | 5 replies
Yesterday I received my first email from Host Compliance about paying Transient Taxes for one of my rental properties.
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4 July 2020 | 6 replies
When there are multiple relinquished properties in one 1031 Exchange the first closing will trigger your 45 calendar day identification deadline and your 180 calendar day exchange deadline.
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6 July 2020 | 2 replies
Sometimes if the property as built after the community entered into the flood program and was built after 1973 you can use the "built in compliance" also if you get ahold of the current owners DECLARATION page they might be getting subsidized rate if they bought the flood policy within a calendar year of the flood zone map change which could be transferred to a new owner but you have to work with an flood expert to make sure it is done correctly.@ Ryan Letzeiser sounds like you really know your stuff.
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30 August 2020 | 4 replies
This is not legal advice, just friendly information.People put properties into land trusts with the hope that they will remain anonymous or that they will trick their lenders into transferring the property to an LLC without triggering a due on sales clause.