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I have a quick question. We are closing on a occupied 4 unit on Nov 1. The rent is due by Nov 1st. How do I receive those rents? Do I have the current owner send them over, or can I contact the tennants before closing...
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What's the best way to transfer a property i fully own (no mortgage) into FL multimember LLC? Quit claim deed or warranty deed? Are there drawbacks to one over the other, is there even difference at all in my case?
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I am not looking to start my own business in hard money lending, im wondering if there are any companies that work with investors such as myself? I have heard there are companies that allow you to diversify across mul...
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Hi BP,
Is it true you can only cash out refinance propertys 1-4? I have 3 and have never taken any cash out. So does this mean I can buy 4 more properties and take cash out or only have the opportunity on my first 4?
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Can someone provide the typical terms of a property management agreement for a long term rental? We have always taken care of the property management ourselves but now are buying out of state and need to hire a PM. ...
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Hey Guys,
I am a new realtor and I was recently approached by a seller for a family office for several million. I was able to find an agent that produced a buyer that is ready to give an offer to purchase. Since I am...
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Hi I am new to apartments. I presently have a 90 unit under LOI. The financial data I received from the seller shows the incoming security deposits as income and the outgoing security refunds as expenses. is this typi...
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Hi. I participated in a syndication last year (2016) and I am planning to file my 2016 tax this coming week. 1. What tax benefits will I be getting via the syndication?2. Will I be getting tax benefits such as mortgag...
In the process of buy a home (1st time) and were doing it through seller financing and we just received the installment agreement papers from the sellers attorney. Do we need to get our own attorney? or how does it wo...
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I'm curious to find what does the timeline look like assuming I'm getting a reasonably ready to rent property to the time to have a tenant? Assuming I bring the cash and will partner with a realtor and PM to stay hand...