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7 November 2017 | 8 replies
What, in your experience is the best way to obtain so that I can analyze accurately BEFORE making an offer?
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13 November 2017 | 7 replies
Immediately after getting an LOI or contract i request the following items....Exhibit BInventory of property tools, supplies and personal propertyExhibit CService contracts including trash, laundry, extermination, lawn service, etc.HVAC and/or boiler reportsExhibit D Property management license (if applicable)Certificate of occupancyExhibit E Certificate of insuranceInsurance claims history for the past 2 yearsExhibit F Commission agreements with the leasing staffCurrent property management contractAny other vendor contractsOther Requested Due Diligence DocumentsLast 2 years of financial operating statementsA year-to-date operating statementLast 6 months of bank statementsUtility deposit registerUtility bills for the last 2 years.Property tax bills for the last 2 yearsIRS Tax returns and addendums for the last 2 years (as relatedto the property only) Articles of IncorporationGood Standing Letter from the Department of RevenueAny licenses in the name of Sathyam EnterprisesRent roll for the property for the last 2 yearsSecurity deposit registerPayroll recordsEach different lease typeWritten property policies such as pets and parkingInformation on all rent concessionsList of any uncompleted maintenance requestsMaintenance and capital improvement history for past 3 yearsLitigation history on the property for the past 5 yearsAny operation manuals for the propertyTitle policySite planArchitectural plansEnvironmental ReportsAny mold inspection reportsAny lead-based paint inspection reportsAny fire system reports or citations
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28 July 2016 | 1 reply
Should I be as concerned as I am about possibly not obtaining Title insurance (for at least 120 days, explained below).Does the (TSG) protect against cloud on title?
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11 October 2017 | 7 replies
Annual CRP is required to be given,, certificate of rent paid .. for taxes..
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20 October 2017 | 3 replies
I hv good credit and a substantial amount of savings.How does one obtain a business line of credit ?
6 September 2017 | 2 replies
Then intern and take entry level positions and learn on the job.If you plan to seek a career in underwriting there are certification courses offered through NAMU.
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13 September 2017 | 8 replies
@Michael Huang...You should have a decent chance of obtaining financing with that much downpayment.
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27 November 2021 | 17 replies
You may want to check with the local city office to try to obtain a list if you're targeting these types of properties.
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8 July 2019 | 5 replies
The nature of their job is to stay current on all market trends and can be a phenomenal resource for obtaining more information on an area.
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31 July 2017 | 3 replies
Does this 6 month period begin when I first obtain possession/begin my rehab, or does it not start until rehab is done?