James Trobaugh
Curious How Others Started, and What They Would Change
15 March 2024 | 10 replies
What plan did you use, and did that plan become versatile during your growth?
Greg Heden
Residential Rental - Home Improvement Upgrades
16 March 2024 | 5 replies
@Greg Heden here's a funny story along your question.Seattle investor came to City of Detroit and his plan was to over-improve Class C rentals to get the "best" tenants that would appreciate the higher quality of home, pay above market for it, take better care if it, stay longer to reduce turnover costs and avoid rent nonpayment issues.After 2 years of trying to do this on his own, reality won and he hired us (we initially spoke with before he started and warned we didn't think it would work).
Darian Richardson
80% DSCR LOan for SFR
15 March 2024 | 17 replies
I am planning to rent out the home refinance, and pull out some of my cash from the deal.
Jay Lam
Title Insurance Void if transfer to LLC?
15 March 2024 | 5 replies
(i) The term "Insured" also includes(A) successors to the Title of the Insured by operation of law as distinguished from purchase, including heirs,devisees, survivors, personal representatives, or next of kin;(B) successors to an Insured by dissolution, merger, consolidation, distribution, or reorganization;(C) successors to an Insured by its conversion to another kind of Entity;(D) a grantee of an Insured under a deed delivered without payment of actual valuable considerationconveying the Title(1) if the stock, shares, memberships, or other equity interests of the grantee are wholly-owned by thenamed Insured,(2) if the grantee wholly owns the named Insured,(3) if the grantee is wholly-owned by an affiliated Entity of the named Insured, provided the affiliatedEntity and the named Insured are both wholly-owned by the same person or Entity, or(4) if the grantee is a trustee or beneficiary of a trust created by a written instrument established by theInsured named in Schedule A for estate planning purposes.
Matthew Cabrera
NAICS Code for Real Estate Investing & Best Practices
15 March 2024 | 0 replies
Regarding how to structure my business - I do not have an LLC setup as an agent and just plan on purchasing properties under my investments LLC, then getting paid as myself for my commissions.
David Williams
Build property in Seattle area to escape bidding wars?
15 March 2024 | 6 replies
So I know selling one of the two houses wouldn’t cover all the cost but given that I plan to live in one of the houses and take a conventional loan out on it when it’s done.
KC Pake
What's Holding You Back from Your First Real Estate Investment?
16 March 2024 | 12 replies
Bought a motel and now am planning on buying 2 more.
Sean Lemon
Has anyone used The “flip system” by the Martels?
19 March 2024 | 46 replies
I’m already submitting offers for my second property and plan to scale to 1 flip/month, which at my current pace seems more than doable considering the amount of leg work their system offloaded with my first deal.
Aneesh Nainani
Land Trust - JADU owner occupancy
15 March 2024 | 6 replies
You would need new approvals from Regional Planning and Building & Safety for the re-conversion to meet applicable single-family residential development standards under Title 22 (Zoning) of the County Code.”I asked to see the actual covenant document but was given only sample language.
Jeremy C.
Lending options for established solar farm
12 March 2024 | 8 replies
for a unique deal like this they might be more open, considering finding funding isn't as straight forward. just also be sure you have a backup plan for this property... what if they don't renew their lease at the end?