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9 February 2016 | 2 replies
remove carpet and refinish sub floor, replace countertops, add kitchen appliances, move a wall to make space for a proper staircase, add a parking spot, replace oil tank if it isn't already a deal killer.Exit: hold as rental long term, sell on a lease optionAny thoughts would be much appreciated.Thanks
12 February 2016 | 1 reply
Our forms in KC provided by KCRAR has a specific line in the Rental Listing Agreement that states, "Broker is not authorized to execute any document in the name of or on behalf of Owner concerning the Property.".
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13 February 2016 | 5 replies
The FHA r90 day restriction is from your acquisition escrow date to the "execution of the purchase contract" for an FHA buyer, not their closing date.
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11 February 2016 | 2 replies
I cannot say if you should move your rental to a legal entity or not, but I can say that a legal entity if properly administrated can offer you additional personal liability protections.
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11 February 2016 | 1 reply
I want to teach all of my daughters the important things in life, like the importance of a persons mindset about what they can accomplish and how hard work is its own reward beyond the monetary return.Wealth is a consequence of passion properly executed.You can quote me on that.
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7 July 2016 | 13 replies
I think its a great idea as well, if you have proper boundaries set with tenants.Also, if you see them over there hauling out trash, offer to help carry stuff or use your tree lawn.I would put the 'bug' in there ear sooner than later though, otherwise they'll make other plans.
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12 February 2016 | 6 replies
To better explain, if a rental property is purchased with 25% down and nothing is done to increase the value of the property and then a cash out refi is executed in 3-4 years time.
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14 February 2016 | 11 replies
If your business entities and trust(s) are properly structured, your history as a past owner does not have an impact when someone is seeking to find the human behind the owner(s) of any specific property, as far as I know.
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17 February 2016 | 6 replies
Can someone please show me where to find help in the proper documentation, contracts and deal structures that would be of help?
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11 February 2016 | 1 reply
Hope I understood your comments properly Jeff