Kelly Wesley
Setting up LLC With Local Attorney or Legal Zoom
16 March 2020 | 18 replies
But that's another subject.Definitely important to review due on sales clauses.
Chris Corey
Cagey real estate agent
15 March 2020 | 18 replies
It's impossible for an agent working with both seller and buyer (dual agency) to be unbiased, at the end of the day he represents the seller, not you.
Stewart Morrison
My house burned now what?
12 March 2020 | 0 replies
I haven't ask my agent yet I wanted an unbiased opinion.I know to keep liability until I do something with the property.Second the house would take about the same as It will be worth to rebuild.
Clarence Watkins
[Calc Review] Help me analyze this deal
12 March 2020 | 1 reply
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Evan Rodriguez
Hard money loan info
16 March 2020 | 2 replies
Review their websites. 4) give a few a call and discuss their process and requirements. 5) plan, model a deal, and get back in touch to stress test it. 6) if it’s of interest to most of them, refine it and then pitch a number of lenders.
Vinney Chopra
Preparing for Corona Virus? - Multifamily
17 March 2020 | 13 replies
We are nor panicking instead trying to think though some scenarios and communicate/plan on paper . 1.Ownership:1.Create a “Medial Power of Attorney” to take over decision control if any/all owners get sick 2.Communicate ownership delegation with property manager2.Property Manager/Other Employees:1.Communicate CDC requirements 2.Outline and agree upon rent collection work process if city were to shut down 3.Outline and communicate a call tree identifying repair personnel 3.Safety:1.For employees: Release funds to buy protective gear while working within premise 2.For tenants: Communicate 2 times a week with CDC requirement as COVID19 is a REPDI development 3.For Owner: Identify all elderly tenants and communicate with them to call CDC if they would show any sign4.For Owner: Identify companies who does preventive medical grade clearing if any cases to be identified within premise. 4.Insurance :1.Confirm with current insurance to avoid and potential liability from owner to tenant negligence perspective 5.Operations:1.Review plan for marketing to get tenants if people were to leave during outbreak 2.Review plan for eviction during shutdown (if any) 3.Review cash position: 10 months cash supply covering 10 month of debt payment .
Brianne Leichliter
[Calc Review] Help me analyze this deal
14 March 2020 | 2 replies
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Need some feedback on this one. I'm making a couple assumptions here.
I don't norma...
Daniel Adler
Contractor threatening legal action after 30% increase in cost
15 July 2020 | 20 replies
You can also tell him you are going to give a negative review on Houzz, Yelp and Google.I guarantee you will never here from him again.Good luck
Terry Z.
Worst scenario of backing out an accepted offer
14 March 2020 | 6 replies
2) If so, Have them review your purchase and sale agreement and see if there is a location on the PSA that states what will happen if you default/back out of the deal.
Jose Casiano
[Calc Review] Help me analyze this deal
12 March 2020 | 0 replies
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