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13 September 2024 | 61 replies
I look at these projects as I move through the markets I work in out east MS AL OH MO etc etc.. and especially MS you look at a project that was built 5 years ago and its run down and no pride of ownership on 80% of them and basically just crap.
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11 September 2024 | 7 replies
Does it matter if I move from a house to partial ownership of some big property with a DST?
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17 September 2024 | 68 replies
If you aren't familiar with "subject to" it is where a buyer takes ownership of the property subject to the current mortgage.
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11 September 2024 | 6 replies
I am afraid your strategy of using additional insured status to circumvent the lender being notified of the change in title ownership will just give your carrier reason not to pick up coverage in the event a claim arises.
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10 September 2024 | 4 replies
She might have to purchase in her name and then transfer ownership to the LLC afterwards.
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10 September 2024 | 1 reply
You might want to include clauses that adjust the split based on performance or time invested.Potential Risks:Market volatility: The Georgian real estate market might be subject to fluctuations.Regulatory changes: Laws regarding short-term rentals or foreign ownership could change.Currency risk: Since you're dealing with EUR in a non-EUR country.Overestimation of Airbnb income: Ensure your projections are conservative.Renovation overruns: Both in time and cost.Partner relationship: Ensure all terms are clearly defined in a written agreement.Regarding the 70% rule, remember that this is typically used for fix-and-flip properties in the US market.
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10 September 2024 | 2 replies
Ownership of Brokerage has changed over once.
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11 September 2024 | 20 replies
And with no business ownership knowledge or experience, correct?
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9 September 2024 | 9 replies
This way I suck them back in.In Texas when you file the Title or S.O.L Statement of ownership and location, there is a place to place yourself as the lien holder.
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10 September 2024 | 7 replies
TIC is just a way to hold fractional ownership in a property while HOAs are created to formalize and organize fractional ownership.