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14 March 2024 | 5 replies
Some will tell you "On Title, or no experience", thankfully, there are some lenders who WILL consider GC experience if we can validate with permits pulled on similar addresses/projects - this would be part of the underwriting process.
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15 March 2024 | 10 replies
Also, told me money is not an issue but in the same breath asked if they could give less than 3 month's rent to move in (I had already explained the requirements).
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16 March 2024 | 21 replies
I have done a lot of research on this issue and the bottom line is yes, you can require that your tenants have renters insurance.
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15 March 2024 | 1 reply
If during the next 2.5 years, the owner redeems the property i get the money + interest back, but lets say they do not redeem the property. 3) Within the last 6 -3 months of the expiration of the redemption period, I will file a petition at the circuit court for the tax deed 4) At the same time, after filing the petition for deed, I will need to send "Notice of Expiration of period of Redemption" Take Notice to the county so they can mail it to the home owners and any interested parties informing them to redeem asap. 5) I will subtax early the following taxes as soon as they are generated by the county. 6) Inform the property owner in three ways, certified mail from the Circuit Court Clerk, being personally served by, the Sheriff’s office; and notice being published in a local newspaper. 7)If the taxes are not paid and the last date to redeem passes, the tax buyer can apply to the Circuit Court for an Order directing the County Clerk’s office to issue a tax deed to the tax buyer.
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15 March 2024 | 17 replies
Plus, the safety issue with the kids leaning on those windows?
14 March 2024 | 60 replies
The fee structure that you have taken issue with is available right on our website for download.
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14 March 2024 | 2 replies
Instead of implementing a first right of refusal, there should be an option to buy their homes from them at a fair market value/paying to move their homes elsewhere or give them the first right.This is the real issue, we are not protecting tenants by solely giving them the first right of purchase.
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15 March 2024 | 21 replies
Time zone differences can complicate addressing tenant issues or emergencies, and managing major repairs from a distance can be tough.
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14 March 2024 | 13 replies
Regarding using funds from your LLC property business, you'll need to consult with a tax advisor to understand the implications and any potential issues with this approach.
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15 March 2024 | 31 replies
It would give you an opportunity to get real estate exposure anywhere in the country, but avoid the issues you are concerned about.