11 October 2024 | 27 replies
I am assuming it was a root canal like experience because of the drib and drabs of documentation that that the LO asked for?
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11 October 2024 | 2 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
11 October 2024 | 2 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
11 October 2024 | 1 reply
This documentation can be invaluable if any issues arise later.What to Do if Applicants Don’t Have ReferencesSome applicants won’t have any—or limited—rental references, usually due to their age or being prior homeowners.
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10 October 2024 | 11 replies
That's why I was leaning to foreclosures so I can do full cash (heloc) purchase.The other part I need to get more fluent in is how to document all of those action items in the LLC to keep the corporate veil.
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15 October 2024 | 26 replies
I gathered all my notes in a 50+ pages document touching on the formation and maintenance of LLC and business structures, transferring assets, protection strategies, trusts, anonymity, insurance, levels of protection, etc. including when you should do it, how many properties per LLC, due on sale clause, selecting an attorney, fees, checklists and resource materials.Doc: https://www.biggerpockets.com/files/user/CosIorg/file/tritoriam-fileAsset Protection Decision Diagram - to help assess the need for asset protection, and what to implement : https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-decision-diagramAsset Protection Onion Diagram - what, when and at what cost one should implement in terms of asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2What is needed for complete asset protection OR the domains that need to be intersected to find asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-spectrum-diagram (this is more of a joke depicting the nebulosity of asspro rabbit holes).How a fully implemented asset protection layout might look. - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-structures (overwhelming and overkill for a newbie in REI)PS.
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11 October 2024 | 21 replies
@Matt Durik was the 30-day you gave them a legal state required document?
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10 October 2024 | 24 replies
This is the unwavering legal document that says who has do what, when they have to do it, and how they have to do it.
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8 October 2024 | 2 replies
Finally, arrange for a formal closing and record the documents with the county to make everything official.
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10 October 2024 | 7 replies
Keep it simple and keep your documents ready.