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13 February 2020 | 17 replies
The tenant has paid 1 year worth of rent that would be transferred to me after closing.
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24 January 2020 | 3 replies
The seller is transferring their ownership rights but only guaranteeing things that occurred during their ownership with regard to the title.
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26 January 2020 | 7 replies
So long as the company who did the work is licensed and insured, offers the warranty transferable to you and it passed city inspection, that is fine.
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24 January 2020 | 3 replies
However, about 6 months ago I transferred the title into an LLC with myself as the sole manager.
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27 January 2020 | 18 replies
@Alex Rand - I dont have zero experience in commercial, only residential, so maybe you should not listen to me at all...That said, with the ever expanding to e-commerce, the traditional retail has been and will continue to shrink, meaning the demand for retail space has been reducing and will continue to reduce....I would not get too greedy here....
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24 January 2020 | 9 replies
d - Job transfer of loss?
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27 January 2020 | 8 replies
It is done to the person or people individually and then after transferred into the LLC.
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26 January 2020 | 5 replies
You could do something for each unit as a patio but that is a little more involved and I think A-D will get something but not E-F.
27 January 2020 | 7 replies
And closing costs of $4,200 work out to 1.2%, which seems low for attorney's fees, appraisal, inspection fees, pre-paid homeowner's insurance, origination fees, pest inspection, pre-paid property tax, recording fees, survey fees, title fees, transfer taxes, etc.Not sure how old the property is, but CapEx + Maintenance of 14% feels optimistic to me.