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9 April 2018 | 2 replies
@Ashish - thank you very much for your response!
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8 April 2018 | 2 replies
Most title companies if your just one off buyer wont do the note for you.. they do them for me but we are a top tier client.So you have the note sent to title they prep the closing statement and deed and put your note in the file as well.. when its ready to close the title company is going to contact your lender provide wire instructions and tell them how much they need to wire into close.you going to either go in, or have a mobile notary come to you.. sign notarize the deed of trust ( Notes are generally not notarized or need to be although does not hurt to do it but like I said not common and does not make them any stronger to notarize them)you sign... your lender wires in the dough seller signs returns their docs.. and next day or so when all docs are together it closes and you now own it subject to the loan.the title company will then send the Original signed note and copy of HUD etc to your lender.. you get copy of hud.. your the owner lender is the bank. simple done every day.on the West coast we DONT use attornies to close and we do NOT do wet closings I have not been to a closing basically in 25 years.. occasionally if I am around the title company I will go in and sign but NEVER is the buyer and SEller in the same room and NEVER are checks distrusted on the spot like they do back east.For one I would NOT accept a check from a closer attorney or other wise I ONLY accept wires as a seller ...
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10 April 2018 | 2 replies
One upside of the DST structure is that the acquired debt is the responsibility of the trustee of the DST, not me.
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12 April 2018 | 18 replies
Thank you, Greg and David, for your response.
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19 April 2018 | 5 replies
Use facebook Craigslist and other real estate related groups on social media.I get very good response from these groups.
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9 April 2018 | 8 replies
Don't waste the time, just serve the 60 day notice and if they are still there after 61 days, have an attorney file an unlawful detainer suit against the tenant.Thanks to you and others for your responses.
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10 April 2018 | 10 replies
(NO ADVERTISEMENT INTENDED OR IMPLIED IN THIS RESPONSE)I have two others in "in the middle of the country".
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19 February 2018 | 7 replies
@Ken Thakar if the property is truly NNN meaning the owner is not responsible for any costs, your NOI is whatever annual lease payment the tenant is paying you.
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22 February 2018 | 5 replies
:@Khang NguyenAll of the renovations you performed prior to putting your property into service should be capitalized .... it matters not that the property was in-service under the prior owner, you took vacant possession and renovated prior to returning it to service.Additionally, much/most of the work performed during a substantial renovation is considered a capital expenditure, not an expense.Hi Roy,Appreciate the response.
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16 February 2018 | 9 replies
addendums are always in most markets the responsibility of the agents to write..