Account Closed
Creating Value For Both Parties.
4 September 2018 | 0 replies
One of my most effective strategies is walking through the home with my contractor and having him explain the amount of work that goes into fixing homes that are in bad shape.
Cody F.
41 unit apartment complex, HELP!
6 September 2018 | 19 replies
especially at the moment when you have a lot of vacancy (may increase further when you enforcing the rules short term). keep in mind vacant unit don't generate income and it's still a great return on investment (full year of rent vs what incentive you offer). that may keep him more motivated. also, I'd personally help with generating leads for new tenant and have manager mainly helping with onsite tasks (showing, move in, etc) for the short term. considering he's 70 years old as you mentioned, he probably are not as effective as using online tools for generating lead (FB marketplace, zillow rental manager, etc)Originally posted by @Cody Furman:Thank you, Bjorn.
Buyan Thyagarajan
Need a recommendation for a title company in Delaware
6 September 2018 | 4 replies
Roger Truemper with Baird, Mandalas & Brockstedt, orBill Ward at Ward & TaylorThe lawyer will outsource title search and prepare all that for closing.
Krystal Baker
Market diversification - too many eggs in one basket?
9 September 2018 | 10 replies
Economies move in cycles so if interest rates rise exorbitantly or there is a major global economic downturn, that will effect all markets.
Bill Brown
Using Lead Funnels to capture motivated sellers
5 September 2018 | 7 replies
Facebook marketing to this demographic could produce returns, but it isn't too effective because the majority of those home owners are not on Facebook actively.
Jaran Ramsey
Lender advised he cant close under an LLC
12 September 2018 | 14 replies
In effect, you have basically demonstrated that the LLC and your personal assets are connected, and have given a lawyer an avenue to drag your personal assets to the table if the LLC is sued.
Ryan Hansen
Issue Transferring a Rental Property to our LLC
7 September 2018 | 14 replies
However, our lawyer has informed us that it could be problematic because transferring a mortgaged property to an LLC can trigger a “due on sale” clause in the mortgage documents, which basically states that if the property is transferred the lender can deem that a default, which is an event that allows the lender to call the mortgage (i.e., require it be paid off in 30 days).Has anyone else come across this issue in NY State?
Alan Sweeten
Help! Title issue in SC and trying to close.
10 September 2018 | 19 replies
@Torin Foley hi, the sellers lawyer said they would pay for title insurance and indicated Chicago title would write the policy.
Jeremy Benezra
Help with Seattle Rental Laws
13 September 2018 | 5 replies
., as well as organized and effective local advocacy.
Jorge Barboza Jr.
Buying a Small Apartment and Have Questions
6 September 2018 | 9 replies
An LLC is a good vehicle for many businesses, it might be applicable to RE, I know it's been done quite a bit.Consult with a Lawyer to make sure everyone is protected and you are covered for these cases.