1 March 2021 | 9 replies
California law tries to strike a balance between protecting your rental and tenant rights.Set Renting StandardsWhile you don't have to carry out a criminal background check in California, many landlords do.
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10 July 2017 | 14 replies
There is always a dilemma in a triangle, there's always scope, price, and time, you can only choose two, balancing the three is hard enough for us to do, how much more if we accommodate all 3.
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15 January 2017 | 16 replies
Relationship with local brokers in Miami, FL.Being a Bachelor in Engineering and Masters in Engineering Management I'm very detail oriented and have very strong analytical skills.What I don't bring to the table (Yet):First hand experience purchasing and managing apartment complexes.Strong balance sheet and liquidity.Lender experienceTamiel, I hope this information helps to paint a more detailed picture of what I'm about and maybe opens up doors to collaboration with you and your company.
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21 June 2016 | 13 replies
(principle & interest) until the balance is paid off?
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27 June 2016 | 3 replies
I am reading a book about 1031 exchanges however there is no mention of intermediaries. Everything the book talks about is about 2 party or multi party exchanges. For example in the book they discuss a transaction whe...
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5 July 2016 | 9 replies
If the title is clearly in your seller's name, the bank should give you the info you need, which is the payoff balance on the mortgage.
2 July 2016 | 6 replies
Create an Input Sheet of questions to ask sellers - work from this when making calls -There three (3) important things you need to learn from the sellers --About the existing FINANCING - how many loans - the amount of liens if any - the terms (balloon payments, interest rate and status and balances (current - payments due - foreclosures or tax sale pending)Next about the SELLER - why selling - where moving to - how fast do you want to settle - what are they going to do with all that cash - GET PERSONAL talk about yourself a little, but get them to talk about their job - their hobby - their workNext the PROPERTY - does it need any work, are there any violations - what are properties selling for in the area - how much would it take to fix or renovate the property - is it vacant?
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22 October 2020 | 14 replies
- $156k @ 4% interest, amortized over 20yrs with a 5 year balloon- They receive a payment of $945.33 for 60 months (total of $56,700)- When I refi after the 5 years (unless they want to continue), they receive the remaining principal balance of $99,300Is this a win-win for both sides?
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1 December 2016 | 23 replies
Ask how much the remaining balance is on their mortgage if there is one or any other liens against the property.
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15 December 2016 | 14 replies
These are all things that have to weighed in balance with other factors when considering REI in that state.