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12 March 2024 | 17 replies
(b) The failure of a limited liability company to observe formalities relating to the exercise of its powers or management of its activities and affairs is not a ground for imposing liability on a member or manager of the company for a debt, obligation or other liability of the company."
11 March 2024 | 4 replies
When considering conventional financing after the initial purchase, lenders will assess your debt service coverage ratio (DSCR) and having a strong track record of successful real estate investments can enhance your appeal.
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11 March 2024 | 32 replies
Title insurance doesn't cover future matters unless you purchase affirmative coverage for same either through enhanced title insurance or endorsement.
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10 March 2024 | 9 replies
Might as well go through the exercise of seeing what you could likely walk away with...and then what you could do with that money.If you can't hit a number that works, keep renting it...if you get the magic number sell it and move on.
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8 March 2024 | 4 replies
Cedar offers natural resistance to rot and pests with a great look that can enhance property value, but at a significantly higher cost and it requires regular maintenance to retain its appearance.
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9 March 2024 | 21 replies
Be mindful of the state of the property's general structural integrity as well as the roof, HVAC, plumbing, electrical, and door systems.Create a comprehensive scope of work that describes all the fixes and enhancements that are required.
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7 March 2024 | 0 replies
Its proximity to major highways, including I-10 and I-65, enhances accessibility and facilitates commerce, making it an attractive location for businesses seeking logistics and distribution centers.**2.
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8 March 2024 | 4 replies
If you don't like it, don't do it...but don't actively wish or take delight in the fact that others MAY be failing or getting the due on sale clause exercised.
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12 March 2024 | 250 replies
From the Fannie Mae guidelines:provide the following statement: We [I] agree to indemnify you and your successors in interest in the [mortgage] [deed of trust] opined hereto, to the full extent of all losses attributable to a breach of our [my] duty to exercise reasonable care and skill in the examination of the title and giving of this opinion.I think the threshold for proving a breach is pretty high.
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7 March 2024 | 2 replies
This could further enhance their value and your overall return on investment.Remember, every individual's financial situation is unique, and it's crucial to consult with professionals to tailor a strategy that aligns with your goals and circumstances.