7 January 2019 | 1 reply
Jesse,If you contact a local REALTOR they will have access to RPR (REALTOR Property Resources) this system has a vast amount of information and most will pull it pretty quickly for you.
7 January 2019 | 8 replies
I would appreciate some thoughts if I am going in the right direction OR if I am missing an opportunity/momentum.2019 Plan: 1.STOP purchasing homes for 1 year.2.Possibly Pay off car3.Setup up systems so that another family member (my 21 y.o. daughter) can manage the Properties Managers and have a clearer idea of what is going on should something happen to me.
5 January 2019 | 1 reply
Rewired, new plumbing, new boiler system, opened up walls, brand new kitchen.
10 June 2019 | 38 replies
Section D1-4.1, Information Relating to Transfers of Ownership Applicable to All Mortgage LoansD1-4.1-01, Determining Whether a Transfer of Ownership Is Permitted (11/12/2014)[...]D1-4.1-02, Allowable Exemptions Due to the Type of TransferA transfer of the property [...] to [...] a limited liability company (LLC), provided that: the mortgage loan was purchased or scuritized by Fannie Mae on or after June 1, 2016, and the LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).Note: The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.
12 January 2019 | 20 replies
Even with all of the systems I have in place from when I lived in MA, the reality of being out of state makes everything more difficult (but not impossible).
22 February 2020 | 8 replies
I will be traveling to view the property next month and I'm in need of local contacts for property management (cleaning & laundry) and maintenance for the MEP systems.
8 January 2019 | 6 replies
I always request to have a doctor's note and that typically stops those who are abusing the system.
7 January 2019 | 31 replies
BUT THAT'S EXACTLY WHO YOU'RE TARGETING WITH YOUR SYSTEM.
7 January 2019 | 9 replies
The rich don't own anything, they just control and benefit from things through more and more layers of separation.As @Ned Carey mentioned above, there are fees involved with these structures - it really isn't worth it for all investors.
7 January 2019 | 19 replies
I do not recommend this to novice landlords, it is definatly not a business practice suited to all landlords for obvious reasons.My biggest problem, specific to my rent controlled market, is that they always stay too long.