Taylor O.
Rental Property Series LLC_Asset Protection_Mortgage_Due on Sale
22 September 2020 | 0 replies
To get around this without having to pay off the remaining balance of the mortgage (Due on Sale Clause), our lawyer recommended writing up a side agreement between us and our LLC stating that the LLC has the right to use the property and the first right to buy the property once the mortgage has been paid off.
Ryan J Bruun
Weighted Cost of Capital (WACC): Handy Tool or Misleading Metric?
25 September 2020 | 5 replies
Instead of the cost of equity representing the required rate of return that a potential partner would require, it could be substituted for the risk-free return that could be achieved on an individual's cash.
Miguel Torres
HOLD OR EXIT DEAL CENTRAL TEXAS
25 September 2020 | 5 replies
After a back and forth he said if something was misrepresented then it was unintentional and he apologized and asked for an opportunity to make it right.His proposal to make it right is he will reduce the outstanding balance by 9K to bring it to 45K, and he will loan me the 6K difference between the 39k the bank will loan and the 45k outstanding.
Michael C.
Property insurance Smoky Mountains
23 March 2021 | 11 replies
Read the policies and it’s a good balance of cost vs coverage.
Christopher Smith
California Draconian Rent Control and Property Tax Inc Nov Ballot
4 November 2020 | 68 replies
Now they are employing a totally deceptive back door attack to accomplish that which they couldn't achieve otherwise.
Geo Cruz
Neighbor is downsizing and offered to sell
25 September 2020 | 13 replies
Any other ideas we can bring to add value to them and offset an offer so we can achieve the best under market buy?
Mackenzie Craik
Bought me a trailer park, yeehaw! Can’t get titles.
25 September 2020 | 2 replies
Make sure the seller has them all if he's going to hold them as collateral - chasing down titles can be an impossible task sometimes.Also make sure the titles transfer automatically if you pay off the park and that the balance on the park loan drops by the release price on the home when paid.
Gabriel J.
1 Property Rented, what now?
26 September 2020 | 3 replies
As a buyer, you pay no commissions so why not add the bench strength.Congrats on what you've achieved already.
Chelsea Pfeiffer
Just a Chicago girl, living in a complex RE world
30 September 2020 | 6 replies
I achieved the maximum number of hours for that particular benefit and since mid-September am now am taking 4 hour vacations each week.
Aamir Shah
What to do past 10 properties
8 October 2020 | 24 replies
Pay off the lowest 1 or 2 balances.