30 November 2013 | 14 replies
This tenant I speak of lived in two of my properties (moved her family to one of our houses out of a muti-unit) the water bill increased at the house which she paid.
13 November 2013 | 4 replies
In many states (Colorado is an exception), electronic signatures are NOT considered binding for contract purposes.
21 November 2013 | 34 replies
What is the purpose of the property?
9 December 2013 | 14 replies
I'd say any national insurance company would entertain insuring thousands of properties, but forming an association for the sole purpose of buying insurance is a no-no in states so you'll need a mission, like promoting investor education or some-such.I'm sure you can get vacation package discounts, theme park and show tickets, cell phone plans.....an endless list I'm sure when you have thousands of members. :)
25 February 2013 | 3 replies
I'm getting some grief from the local Housing Office due to their failure to understand complex real estate title holding strategies and the IRS TIN Matching program.1) The Housing Office wants to know who the owner of a property is by supplying a copy of the deed.2) They want to match the SSN/EIN of the owner for 1099 purposes using the IRS TIN matching service.Easy, right?
9 March 2013 | 9 replies
For a property that does not have a mortgage, what is the best way to get cash out for investing purposes, whether it is for another property purchase or putting the money in the stock market.
27 March 2013 | 23 replies
It took 2 months, $550 in legal fees and $1,000 in repairs as they purposely trashed the unit before it was all said in done.
27 November 2022 | 14 replies
We know many of the agents representing these buyers and they have confirmed that they are private equity funds that have recently raised significant capital for the purpose of buying rentals in a few specific markets.That said, Atlanta has a lot of investors, and I'm sure there are hundreds of local cash buyers who are buying 5-10 properties per year; the big players comprise a small percentage of the total buyers, but probably comprise more than 50% of the total cash purchases the past year.Also agree that they aren't (just) buying new houses.
7 May 2013 | 8 replies
We only lend to a business entity for a business purpose- period.
18 January 2021 | 13 replies
If you put someone hot on it (iron or hair stylers), the carpet would melt.