
30 August 2019 | 14 replies
For most syndications:LPs will have no liability (other than loss of contributions) and you'll want to check the liability of the GPs;LPs will make initial contributions; and you'll want to confirm if LP is on the hook for any additional contributions;Distributions will ensure the GP/operator gets their cut (I'd want to know what that cut is), then to LPs in accordance with their percentage;LPs will agree that they cannot transfer their LP interest without the consent of the GP - you're locked in to the deal until the GPs end it;LPs will have none (or very little) rights to vote on operations, and GP has control.The above isn't an exhaustive list of material concerns you might have as an LP, but it's what what I would expect and confirm for any syndication.

25 September 2019 | 48 replies
You can try to lock people out, or take them off the lease, or even make notes in their record.

10 September 2019 | 7 replies
I would use this option if your plan is to hold for 3-5 yrs and then 1031 into something larger.If your going to hold these units I would do a cash out refi and lock in the debt for 30 yrs.
26 September 2019 | 10 replies
It locks you back into a 30y note on hopefully a much lower rate!

3 September 2019 | 3 replies
Any suggestions on banks looking for this type of portfolio loan scenario, and willing to lock in for 20-30 years?

12 December 2021 | 10 replies
We are actually in the process of working on locking up and ownerFi MH/RV park.

29 August 2019 | 2 replies
At 10 AM the constable was supposed to show up and I scheduled the locksmith to arrive as well to rekey the locks.

13 September 2019 | 7 replies
I use the Schlage Smart Connect lock and it is quite frugal with battery life.

29 August 2019 | 7 replies
I know the property manager company does pre-screening and give the tenant a temporary lock box code.

3 September 2019 | 6 replies
Owners vendor changed the locks prior to new tenant as is required, but only forgot side door, and have a different key for back door, but didn't provide key.