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12 March 2021 | 10 replies
This is referred to as "abandonment" and you need to know what your law says about it.Lawyer opinion on Abandonment in TexasYou'll have to research this and verify it yourself.Typically, the abandonment is very obvious.
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12 March 2021 | 9 replies
If it is a larger project scope that will take several weeks or months, setup a schedule of values in which to pay them off of verified progress.
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10 March 2021 | 6 replies
If your offer is accepted then you can verify your estimates (assuming you have an inspection contingency or due diligence period).Either way, as far as negotiating, you want to understand their motivation.
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16 March 2021 | 10 replies
What you mean is when i analyze a deal i must verify it cashflow so if the market downturn the rents usually do not drop or slightly drop so i can still profit from the cashflow?
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17 March 2021 | 3 replies
Have you verified those rates recently?
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15 March 2021 | 13 replies
Is there a good way to verify I'm doing them correctly?
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10 August 2021 | 3 replies
If so, you can likely shift the burden to the tenant and cashflow even more.Have you pulled prior utility usage records from the city to verify numbers?
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23 March 2021 | 2 replies
Did the PM verify that the tenant has applied/receiving unemployment benefits?
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15 March 2021 | 1 reply
VA does provide other options to verify repairs are completed, but I don't know that any lenders are utilizing these options.
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6 April 2021 | 9 replies
@DeWitt GibsonAttempting to syndicate or crowdfund has become easier than ever; successfully crowdfunding or syndicating is much much more difficult.The lines between crowdfunding and syndicating are now very thin so that each contains elements of the other, a successful syndication will have an online aspect with many similarities to a crowdfunded project.For a successful capital raise in real estate, the following are essential1- A verifiable track record of success by the sponsor2- A professionally prepared Private Placement Memorandum, Subscription Agreement and Operating Agreement3- Compliance with Reg D 506 b or 506 c, Reg A or Reg A+, or Intrastate fully compliant offering4- A large majority of ownership interest and benefits going to the capital investors5- A no felony background check of the sponsor6- Specific identified properties that will be acquired7- A relatively small percentage of invested capital going for fees, costs and sponsor”s “promote”.8- A professional online “platform” with all compliant security measures9- A minimum projected return to investors commensurate with the risk 10 - Return of capital plus a minimum of profit to investors before sponsors get their cut11- A quality dealI have successfully completed over 200 syndications, each between $400,000 to $4,750,000.I have examined thousands of other sponsors offerings.