Brock B.
Should I LLC my Rental Property?
2 May 2016 | 16 replies
You CAN quit-claim later but t is true that can trigger a due on sale.
Craig Larry
HOA deals
1 May 2016 | 0 replies
If the deal looks good including HOA should you pull the trigger?
Jack B.
Critique my asset protection for my rentals
5 May 2016 | 3 replies
You are presumably concerned about triggering a due-on-sale clause if you were to transfer title of the properties to various LLCs and are considering alternate strategies?
Glen Erickson
Glen Erickson from Olympia Wa
11 May 2016 | 13 replies
Also currently working with 3 investors that are ready to pull the trigger on there next flip.
Jon Peterson
Turn-key Halfway house rental?
24 June 2019 | 6 replies
Hey Michael-I did pull the trigger on the deal, and so far, I am quite happy with the deal.
Jonathan Johnson
6-unit apt, all vacant, cat-lady "tenant", distress Landlord
10 July 2016 | 44 replies
There are more lessons to be learned before a trigger is pulled on this yet.
Michael V.
Good or Bad Investment?
6 May 2016 | 9 replies
These are the expenses usually 'massaged' or omitted entirelyRepairsMaintenanceReal replacement depreciationLeasing feesLegal and eviction expensesSpecial tax assessmentsWater billsCommon area utilitiesAccounting feesFines and penaltiesVacancy expenseOutside contractorHandymanOffice suppliesValue of manager's apartmentReferral feesMy advise is to go over the expenses and see (1) what expenses are missing from the financial statement (2) verify that the expenses appearing on the financial statement are in line with property averages for the area or there is a good reason they are not and (3) verify actual occupancy rates over the last 2 years.If you still have a deal obtain the last few years tax returns, and see if the returns match the financial statements.
Christopher Goldie
Slow start for the year, but ..
12 May 2016 | 8 replies
Pulled the trigger when it hit my mark.
Jeffery Waicak
Don't be a jerk
14 May 2016 | 11 replies
She has zero interest in Real Estate.. compare that to some mid west factory... your not going to find fully functioning restaurant in the facility feeding people for FREE .. free day care FRee massages etc etc.
Kyle Costello
ready to pull the trigger on my first deal. have a question
9 May 2016 | 4 replies
hello everyone, i am ready to pull the trigger on my first investment and i have a question. the property is a commercial property that also has a duplex that goes with it. the total property is assessed at $ 220,000 and they are asking $ 160,000 for it. the duplex is 2 one bedroom apartments renting for $ 400 a month each currently rented. the commercial part is upstairs hair salon 1,200 square feet and the bottom part is also around 1,200 square feet . the bottom part is rented out for $1,200 a month by a car rental company that has a lease signed till 2017. they also pay half the taxes for the property. my question is can i use the extra equity to use as a down payment to get this property ?