George Kopp
Lending with Personal Guarantee
25 June 2024 | 19 replies
Everyone has been burned a time or two if you have been doing this long enough.
Yamin Htet
Anyone in Charleston/Summerville SC area?
25 June 2024 | 4 replies
Are you looking for a long term management team?
Thomas Land
FHA Loan On BUILDING A Fourplex
25 June 2024 | 5 replies
If that’s the case, I might bring on an investor for a long term ROI deal.
CJ M.
Horse hair plaster and lathe. Is it worth purchase?
25 June 2024 | 5 replies
Hello all,Have an offmarket seller looking to get 50K on a 1950's 2/1 1000 sqf Cape Cod he's owned for 40 years (it's been vacant for last 2 years).
Bette Hochberger
Understanding the Basics of Real Estate Taxes
25 June 2024 | 1 reply
The rate depends on how long you've owned the property and your income level.3.
Matt Kitchen
Dog breeds and Liability
25 June 2024 | 15 replies
Mine doesn't, and as long as the dog doesn't have a bite history then im ok to rent to anyone with any breed.
Joe S.
Lease option question for Texas
25 June 2024 | 1 reply
For landlords, lease options can attract tenants who are committed to the property and may take better care of it.Commercial Property Considerations: When considering a lease option for a commercial property in Texas, ensure that:The terms of both the lease and the option agreement are clearly defined and legally binding.Both parties understand their rights and obligations, including maintenance responsibilities, payment terms, and conditions for exercising the option.Consult with a real estate attorney to draft or review the lease option agreement to protect your interests.Here are some things that may help you form a pros and cons list going forward:Advantages:Potential for higher rental income due to the option premium paid by the tenant.Attracts long-term tenants who may eventually purchase the property.Allows flexibility for both parties in uncertain market conditions.Considerations:Ensure the option fee and terms are fair and reflect the property's market value.Understand the financial implications and tax considerations associated with lease options.Be clear about the tenant's ability to exercise the option, including financing requirements if they decide to purchase.Lease options can be a viable strategy for commercial properties in Texas, offering flexibility and potential benefits for both landlords and tenants.
Account Closed
Any way to verify other offers on a property?
25 June 2024 | 11 replies
I got voodoo'd by this on the very last house I bought, where I am *certain* the bank would have come down another $2k but the selling agent magically produced another offer that was going to come up $1k from the bank's offer in order to "entice" me to take the bank's "final" offer.
Dillon Duffy
Insurance Agent turns Real Estate
25 June 2024 | 2 replies
If all goes well we know we got a great deal on this home with an extra building and will turn it into a great portfolio starter for the long term!
Ethan McManigle
A New Chapter
25 June 2024 | 1 reply
Continuous improvement is key to long-term success.Please feel free to DM me if you want to discuss further and potentially get your investing started!