18 November 2021 | 5 replies
Would recording the deed avoid the hassle of probate?
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18 November 2021 | 14 replies
I look at places with the best track record for STR annual return.
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18 November 2021 | 5 replies
If they don't have a Social Security number you will not be able to do a US credit check.Generally, most people that legally travel to the US don't want jeopardize that privilege by being evicted or having a criminal record, I believe both can/will get your visa revoked.
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18 November 2021 | 0 replies
What i'm struggling with is whether it's worth trying to do a non-recourse portfolio rental loan that combines all these into one loan. advantages are mainly that i get to wipe off the recourse nature off the record, can structure a 10-year IO period and ARM after that; however, the cost to complete is meaningful - 1% origination fee, $2-4k closing fees, new title policies cost of $15k or so, higher coupons of 4.3% +/-, prepay penalties and non-assumable, probably more difficult to selloff properties individually.
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18 November 2021 | 0 replies
What i'm struggling with is whether it's worth trying to do a non-recourse portfolio rental loan that combines all these into one loan. advantages are mainly that i get to wipe off the recourse nature off the record, can structure a 10-year IO period and ARM after that; however, the cost to complete is meaningful - 1% origination fee, $2-4k closing fees, new title policies cost of $15k or so, higher coupons of 4.3% +/-, prepay penalties and non-assumable, probably more difficult to selloff properties individually.
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20 November 2021 | 9 replies
By the same token why wouldn't the owner of a high rise condo be concerned with the value of the building, or a developer who is still on record as the owner of a parcel of land being concerned with the value of their property.
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19 November 2021 | 5 replies
Record it with the county.I just wanted to see if there were any resources such as a paralegal who could "hold my hand" to make sure I didn't miss anything specific to Indiana/county.
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19 November 2021 | 6 replies
when a tenant moves in I put the deposits there - when they move out i take the funds from there and return to tenant. the balance of that account should always equal the total security deposits you have on record.
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10 February 2022 | 5 replies
. - Builders are not always organized and good at record-keeping, so be careful when partnering with one. - Do NOT overbuild.
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1 December 2021 | 22 replies
I highly recommend you do what your city requires so that when you go to sell, you have a clear record with no question marks that might deter a buyer.Now I'll tell you about my experience.