Jeff Wells
Question about assignment guarantee of fee
29 August 2013 | 4 replies
What if the seller can't deliver clear title?
Allen Ayres
Title Searches
31 August 2013 | 8 replies
Allen, if you use a normal purchase contract, the seller must deliver the property free and clear, so he would pay off any liens, or the sale gets canceled.
N/A N/A
HELLO IM STILL LOOKING
15 October 2007 | 5 replies
That gives him the 12% he wants.You job in this process is to find such notes, negotiate with the note holder for what they want to get for their note, then deliver these deals to your buyer.
Joshua Hill
Uneasy feeling: How do you know if you are overextended?
21 February 2008 | 11 replies
At what point do you (1) start delivering Domino's pizza, and (2) start losing lots of sleep?
Frank Adams
Colorado get-together
26 September 2008 | 78 replies
We plan on being there, although the movers are "supposed to" deliver our household goods that day.all cash
Spork Man
Aging Greenspan Losing Ability to Obfuscate Financial Issues
7 August 2008 | 1 reply
The glory days for a man who once delivered a 45-minute response to a U.S.
Steve Dussault
Marketing to Private Lenders
11 April 2011 | 21 replies
Once you start delivering on what you say the money should find you.
Aaron Mazzrillo
Multifamily Due Diligence
29 January 2015 | 18 replies
:NOTE: Important to keep the date of when these items were receivedFINANCIALS (get from Property Management Company or the Seller):Annual Operating Statements (for past 2 years)Monthly Operating StatementsYear to Date Operating StatementRent Roll for the last 2 yearsLast 3 month's Bank Deposits by the sellerBudget ForecastExisting Loan Documents ** ask if will take AssumptionSecurity Deposit Account StatementUtility DepositsRequest Schedule E if questionable financials, certified by accountant.OPERATING INFORMATION **** Must sort by importance:Management ContractCopy of all Lease Types (all leases delivered at closing)Concessionary RentsLease Expiration ReportUtility Bills (for Water, Sewer, Gas, Electric, CATV, Ethernet, Phone) - for past 2 yearsProperty Tax Bills - for past 2 yearsService Contracts (all currently under contract: trash, exterminating pests, maintenance, laundry, pool, elevator)Advertising ContractsPayroll Register (employment contracts)Operating Manuals (phone, computer, fire system, etc.)Insurance: Policy (premium disclosure)Insurance: Claim History (for past 3 years)Insurance: Carrier Risk AssessmentMiscellaneous Agreement (Vending, Pay Phone, etc)Capital Improvements and Maintenance History (for past 3 years)Incomplete Maintenance Requests (for last 3 month's maintenance requests)Yellow Pages Listing ContractCredit Bureau ContractPet PolicyCommission AgreementsRent.com reviewLEGAL AND PHYSICAL INFORMATION:THIRD PARTY INFORMATIONAppraisalDeedTitle PolicyLast Sale Price/DateTax Assessment: Land/BuildingSurvey (Get the original)Architectural PlanSite PlanInventory of Personal PropertyTools/Supplies InventoryBusiness LicenseZoning CertificationBuilding Code Compliance Letter ** Tell bad news fast to your investors; don't hold off on thisCertificate of Occupancy ** Tell bad news fast to your investors; don't hold off on thisRental Ordinances ** Tell bad news fast to your investors; don't hold off on thisLitigation History ** Tell bad news fast to your investors; don't hold off on thisTenant Estoppels (Optional at Closing) ** Tell bad news fast to your investors; don't hold off on thisBuilding PermitsMARKET INFORMATIONMarket Survey (3 - 5 nearest competitors)Existing Competitive Supply SurveysEnvironment Surveys - Phase I/Phase II, if necessaryEngineering ReportFire System Inspection ReportsElevator Maintenance Report (if applicable)Boiler Inspection ReportHVAC Inspection ReportLead Paint - Inspection reports / tenant waivers / historyMold - Inspection reports / tenant waivers / historyFuture Competitive Supply ForecastPictures - Aerial / GroundArea MapApartment AssociationApartment Guide ListingCopies fo All ADvertising, Brochures, Floor PlansDemographic Reports: Housing, Income, Employment (3 radii - 1 mile, 3 miles, 5 miles distance)Traffic Study and/or Road Improvement PlansNeighborhood Survey: Shopping, Schools, EmployersCrime Report
Ursula B.
Bought A Property Sight Unseen...Bad Move?
22 January 2015 | 10 replies
Appliances will be delivered on Saturday.
Jordan Burke
Need a boost
25 March 2015 | 16 replies
On average approximately 1,223 units per year have been delivered to the Greater Salt Lake market over the last 10 years.