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9 October 2020 | 19 replies
If it's not, you will probably want to have a community property agreement drafted and recorded.
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6 October 2020 | 12 replies
While you can guess the downpayment was a standard amount, you have no way of knowing therefore it isn't disclosed.Agents do disclose the purchase price back to the MLS as that is part of our MLS agreement.
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2 October 2020 | 10 replies
I am specifically looking for a tool to automate maintaining the agreements in the lease and communications with tenants, as well as a ticketing system for maintenance requests, maybe a capitol improvement request functionality.In my wildest dreams I would find a consultant someone local to central Massachusetts who would come in and see how the portfolio is currently being managed and make recommendations on accounting and property management systems and processes for our team to evolve.
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28 September 2020 | 0 replies
A newly acquired building has storage units for each apartment unit in the basement. (12 units) There is little to no mention of these spaces in existing rental agreements (from prior owner).
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5 October 2020 | 11 replies
e.g. who manages the day-to-day, who is merely contributing capital, how distributions are handled, how profit and loss allocations are handled, buy-sell agreements, etc.Make sure you talk to your advisors.
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29 September 2020 | 2 replies
I'm simply looking for a JV agreement/contract for wholesaling.
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29 September 2020 | 1 reply
Hi @John Alosio, en essence a lease-purchase option is simply a lease with an added "right" for the buyer, namely the right to purchase the property during the option period under the pre-established terms and conditions.So, if you entered into a lease-purchase agreement with the tenant in Unit 2, everything would remain the same for you until and if they execute their option to purchase.
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3 October 2020 | 38 replies
I recently signed a purchase agreement for w $400K waterfront condo for $25K down, seller financing at 0% for 6 months, and taking title subject to an underlying mortgage.
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30 September 2020 | 2 replies
Get one together that has an operating agreement.
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8 October 2020 | 9 replies
Once I secure that property I will look to do a lease-to-own agreement.