Bryce Kuhar
Billboard on Tax Foreclosed Property
24 August 2019 | 7 replies
LolIt would be more work, but it sounds better than getting the standard percentage for billboard leases. (15-20%)Originally posted by @Justin Vermuth:The billboard would remain the property of Lamar unless you terminated and they failed to take it.So the lease is not automatically terminated even though the contract with the county states it's "free and clear of any and all encumbrances"?
Kathy Li
Choosing an MLS for Hudson Valley, NY
3 September 2019 | 7 replies
I went with R because it's close to home, easy to get to training and I prefer to pay a flat fee over a percentage on my commissions.
Shawn C.
Loan Acceleration Default Calculations Advice
26 August 2019 | 16 replies
You have to know how much the loan was for, the interest rate, the late fee percentage, property taxes if applicable, homeowners insurance if applicable, HOA fees if applicable, any other fees or liens if applicable, when the last payment was made, make sure it's a "home equity nonperforming note" and not a "home equity line of credit nonperforming note" and with something like Zillow's mortgage calculator you can figure out the mortgage payments and payoff amount but you must still include late fees, etcThe attorney doing the foreclosure should be able to calculate that for you.
Joe Miles
How much EMD should a Syndication put down?
25 August 2019 | 5 replies
The percentage might be higher on smaller deals, say under $10 million maybe it’s a bit over 1%.
Michael Osborne
2020 VA Loan Interim Guidelines
25 August 2019 | 2 replies
I currently have a VA loan for $360k (not sure what percentage of my non-restored entitlement this ends up being) on a property I will be keeping as a rental.
Habbak Burs
If the housing market drops .... strategy
30 August 2019 | 23 replies
The drop that makes a 'deal' in these markets has to be larger as a percentage of the property than in other markets.
Tom Chapman
Distributing property to save on TAXES
3 May 2020 | 13 replies
I am the owner and will be pouring in the majority of the funds I have saved for years for a project like this but I will have family members chipping in to own a small percentage.
Courtney Kimbrough
Fortune Builders Thoughts on 3 Day Summit
26 August 2019 | 2 replies
What is the percentage of students you accept on a yearly basis?
Dylan Kennedy
Syndications as LP: Do you have someone look over the PPM?
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.
Jason Switherspoon
What interest rate should I expect on my first rental property?
25 August 2019 | 0 replies
We are going to buy a $235,000 home and put 20% down on it.I have heard that investment properties cost on average 1 additional percentage point on what I would normally get.