Hello RE investors,I owned several duplex/triplex rental properties in San Diego, and Nationwide is our commercial insurance provider.

They also provide tax services which I do not use, too expensive, and help you establish lines of credit for your business.

Call your state's department of RE.I think most states require that a agent present all and any offers ,regardless of how small they are.In the past, I had someone threaten to report me to the DRE unless I provided them undenyable proof that I submitted the offer to the seller, so I forwarded them an email from the bank's AM telling me the offer was a joke....was enough proof.

Looking at Zillow, I can easily find comparable properties in the area that were sold for less - with a bit of cherrypicking I can find examples going for 30-35% less2.

It is a compliment to say she could do something quickly and easily that your broker said was impossible.

The STR provides a much better return than the average return of our LTR's, but it requires considerably more effort and oversight.

An attorney can provide customized contracts and documents that specifically address your needs and legal concerns.

To protect the purchaser of the wrap-around mortgage, Texas Senate HB 43:provides for wrap payments to be held in a constructive trust by the seller for the benefit of the buyerestablishes that anyone collecting or receiving a payment from a wrap borrower in connection to a wrap mortgage owes a fiduciary duty to the borrower for the paymentsdiscloses the nature and risks of wrap transactions to buyers and offer consumers the right to rescind transaction/agreement when disclosures are not made timelydefines “wrap mortgage loans” as a residential mortgage loan:made to finance the purchase of residential real estate that will continue to be subject to an unreleased lien that attached to the property before the loan was madesecures debt incurred by a person other than the wrap borrower that was not paid off at the time the loan was madeobligates the wrap borrower to the wrap lender for payment of debt, the principal amount of which includes the outstanding balance of the debt and any remaining amount of the purchase price financed by the wrap lenderclarifies that a wrap mortgage loan may only be closed by an attorney or title companyprevents “house flippers” from registering as financial service providersprohibits a person from making wrap mortgage loans unless the person is licensed or registered to originate or make residential mortgage loansThe new law goes into effect on January 1, 2022.

In order to get the highest CMHA rent possible, your unit will also have to be fully rehabbed, you will need to provide all appliances, and pay all the utilities. 

I have landlords that are looking for a bigger space and I want to be able to provide one for them.