Monica Litster
Master lease on an apt complex
9 August 2018 | 4 replies
I think master lease at least provides you with some sense of security on getting the money on-time, headache-free.
Adam D.
Month to month rent to lease option
10 August 2018 | 1 reply
My tenants are currently requesting a month to month but I would like them to renew there year lease so I have a little more security.
Steve Q.
Damages Exceeding Security Deposit - Letter
14 September 2018 | 2 replies
Entire security deposit of $1000 is gone to the unpaid rent.
Thurman Kennedy
Newbie currently in Hawaii, soon to be in San Antonio
12 November 2018 | 17 replies
Would love to chat and set up a time to meet when you officially make the move.
Rhett Z Begley
SEC issues w/private money for RE investing?
10 August 2018 | 1 reply
2) Whether or not advertising on my own website constitutes a general solicitation to the public for a securities offering.3) Whether or not I need to be registered as a broker-dealer for providing investment advice with respect to recommending the purchase or sale of securities.I absolutely plan to consult my attorney on these questions but I’m also looking for some experience based answers and a place to look some of these things up in black and white in order to have a more productive and informed discussion with my attorney.Thank you everyone!
Richard Becker
What do you think about the real estate market in blockchain?
24 April 2019 | 2 replies
I will also explain why I think security tokens will see widespread adoption in the coming years.1.
David Fligor
Win-Win in Silicon Valley Single Family Home Opportunity?
2 September 2018 | 1 reply
Assume an accredited investor and no securities law issues for simplicity.1) Homeowner pays for a legitimate appraisal.2) Homeowner grants the right to Investor to receive 10% of any appreciation above the appraised value when and if the house is sold.3) In exchange, Investor pays the homeowner an amount equal to 10% of the appraised value, with 20% down and the rest on an interest-only promissory note held by Homeowner.4) The note bears interest at Prime + 0% and does not have any origination fees or prepayment penalties.5) The investor gets credit for 10% of the eventual net proceeds from sale with the net being 10% of net sales proceeds less the remaining balance of the loan.6) If the investor defaults on the loan and fails to cure the default, the claim on the equity is forfeited.7) The homeowner remains fully responsible for costs of maintenance, insurance and taxes, but this is offset somewhat by the interest on the loan and the cash received upfront.8) Presumably if there is a gain beyond the homeowner's basis, there is no tax for now unless the proceeds exceed $250k for an individual or $500k for a couple.
Brian H.
Question about books/sites to help people with no background.
6 September 2018 | 10 replies
Living the way Stanley showed us has been extremely kind to our net worth, financial security, and mental health in running out little property business, and every time now I read something on the Web about how The Millionaire Next Door was a myth and a fable about a false cohort of people and no one could possibly take the ideas laid out in it seriously and they couldn't possibly work today to help make anyone financially secure, oh wow do I laugh, and it's the rich, satisfying laugh of a guy who's laughing last.
Adam Philpot
Becoming the bank. Financing the sell of my own home.
11 August 2018 | 3 replies
I’d like to finance the property to someone who maybe can’t qualify for a conventional loan and secure a loan for them at slightly above or at the market interest rate.Does anyone know how to go about doing this from a legal/underwriting perspective?
Dean Gittings
Bed bugs from Tenant
16 August 2018 | 6 replies
If you have a security deposit, that's your bargaining chip.