
21 October 2024 | 6 replies
Looking for way to document 'evidence' since they are insisting they don't smoke in the unit.

23 October 2024 | 8 replies
That being said, you need to carefully Review Your Documents, Start by reviewing the promissory note and any other documents related to the loan.

22 October 2024 | 14 replies
Start documenting, possibly start eviction/termination notice yesterday.

20 October 2024 | 11 replies
Does anyone have a Nevada lawyer contact that I could use to create the rental lease agreement and other documents?

22 October 2024 | 15 replies
I was fitting this into an awkward schedule.The Facebook group was welcoming and fun to lurk and read posts, getting a feel for the community.Contracts in the document library were great – but overwhelming (you’ll see this phrase a lot)This was a main value for me – hiring lawyers to write contracts without knowing potential pitfalls or where I could/could not protect myself was a major concern.These contracts are worth the price of admission and only available w/in community.These contracts cover Joint Ventures (JVs) between parties, Creative Deals and non-creative deals, WRAPs, RVs, Automobiles, Leas Options, Wholesale Assignments, Hybrid docs and more.I haven’t actually gone through all of them yet.Tens of Thousands of dollars have been spent refining these contracts and just having access to this library was worth the price.
22 October 2024 | 9 replies
Read the HOA documents to see if there is anything about smoking outside.

21 October 2024 | 10 replies
You also have to be very careful when documenting your journey that you aren't giving advice because you don't have the experience to, just document it.

24 October 2024 | 16 replies
(you do not pay the taxes you lose the house, and you do not pay the insurance the lender will put insurance on the property for you) Assuming the properties are showing up on your tax returns the income/loss will be calculated from the returns using this form: https://content.enactmi.com/documents/calculators/Form1038.C...The form will allow you to add back your paper loss of deprecation on your returns as well as your property tax, insurance and mortgage interest deduction as those last three are already taking into account into your payment as mentioned in the first paragraph.

24 October 2024 | 10 replies
Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.
21 October 2024 | 9 replies
This is especially helpful if you plan to continue investing and don’t want multiple mortgage loans affecting your credit report.Streamlined Process: Since DSCR loans are focused on the property’s cash flow rather than personal financials, the approval process can be quicker and less documentation-heavy compared to traditional mortgages.If you want more info or need help getting started, feel free to reach out!