Randy Piper
No liens on pro title search, is quit claim deed ok?
10 June 2019 | 4 replies
Quit Claim are perfect for transferring properties from your name to your LLC and among partners - but when you're purchasing, the seller provides the buyer with a title policy to ensure clear title and for that a warranty deed is the only way to go.
Kevin Means
Best way to prepare while waiting for closing on a flip.
6 June 2019 | 12 replies
Here is a checklist of items you should consider leading up to Closing Day:Contact settlement agent and lender to ensure closing is still on schedule (1 to 2 weeks out)Review preliminary closing settlement statements (1 to 2 days out)Arrange money transfer (1 to 2 days out)Sign closing documentsChange locks & make copiesPlace keys & lockbox at property for ContractorsProject StartupAt this point, hopefully you spent the Closing Period getting ready for your project, and you have your Contractors selected, lined-out and scheduled to start work on Day-1.
Jay Hinrichs
Where is the recession ? any one have thoughts on this?
9 June 2019 | 14 replies
I think that the government will work to ensure that the economy will stay robust until after the Presidential election.
Daniel Whitmore
My Financial Snapshot - What Would You Do?
19 June 2019 | 38 replies
I would reserve enough additional capital to ensure maxing out the IRA out for the next 3-5 years.
Nat Rojas
Private Money (Friends / Family) - Can they lend to me?
6 June 2019 | 2 replies
I've found Matt Faircloth's book on Raising Private Capital to give some helpful and pragmatic tips such as explicitly documenting and reviewing roles and expectations and ensuring commonly asked questions and concerns are addressed such as "when/how can I expect my investment to be returned" or "what if I need the money back before the loan term ends?"
Jason Lam
How to find a turn key property as a remote investor?
7 June 2019 | 28 replies
Once we are getting it under contract, we ensure we can opt out of the property by placing a contingency on the inspection report and SOW that will be pulled by our contractor and home inspector.
Kevin Ha
Pet free while owning a pet?
28 June 2019 | 17 replies
Your job is to screen them and ensure you are getting a good pet.
Jonathan M.
I am buying a Property under an LLC, Do I use the LLC for Leases?
7 June 2019 | 18 replies
Once you have the entities established you will want to ensure that they are operated correctly, but it does not take long to pull that together.
Mary Murray
Tenant ripped vinyl, but had a bubble
7 June 2019 | 5 replies
If you can then this will ensure a good, very water resistant, repair.
Daniel Toy
No crawl space access during inspection
8 December 2020 | 2 replies
(that always gives me reason to believe otherwise)Question: Can the agent knowingly conceal this information for the benefit of the seller, and what (if anything) could i do to ensure they're being transparent?