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14 April 2022 | 17 replies
fyi I don't know about Columbus Ohio but in KS I avoid houses where the utilities have been turned off for more than 6 months, they need a full blown city inspection to have utilities turned back on, and that typically triggers new electrical work which could cost up to 10K.
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13 April 2022 | 4 replies
I am just reluctant to pull the trigger on any big moves because i guess i lack knowledge on lending and finding homes.
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20 April 2022 | 7 replies
The xfer into the LLC is an exempt transaction that doesn't pay conveyance tax or trigger a revaluation of tax assessed value.
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14 April 2022 | 1 reply
Hello,This is my first deal analysis. I would greatly appreciate if someone can check it out and share your input. All feedback is welcomed.My initial thoughts were all positive but now I'm doubting myself because thi...
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22 April 2022 | 3 replies
Whenever dealing with condos, the short term game (even month-to-month with different tenants) can be tricky and you can trigger the discussion for the HOA board.Conversely, if you have a condo that faces the street, then MAYBE you can get away with it as it is less foot traffic in the complex.
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22 April 2022 | 4 replies
Usually, the due on sales clause is not something to worry about on a preforming note but you should still be informed of the risks and consequences of triggering the due on sales clause.
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19 April 2022 | 4 replies
And then you need to be actually able to pull the trigger on purchases in that environment.
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19 April 2022 | 4 replies
People will purchase them through a bank, but they cannot transfer the property to an LLC for fear that the transfer will trigger the acceleration clause in the mortgage.
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19 April 2022 | 7 replies
the rental market analysis is around 1200 on. the low end.... and the lease isn't done until march 2023.. with this being my first deal I am hesitant to pull the trigger on a loss of 294 a month.
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20 April 2022 | 3 replies
A sale will trigger a tax event, and his cash will shrivel and die in a savings account earning less than 0.01% with inflation over 8%.