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Hello,
I have a question about an indemnification clause in a buyer’s agreement. A friend of mine recently got under contract and his agent wants him to sign a buyer’s agreement. He is ok with the exclusivity portion...
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While direct mail is not an innovative strategy trying to cater it to a local difference such as language can be. I live in Miami and the fact that Spanish is a more common first language here than English I would li...
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Have been involved with a short sale in FL and all went well, closed in 3 weeks. However, now looking at a short sale in PA - which is not common here, much less experienced agents..etc. involved. Attorney wants spe...
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What does everyone think about lease options?I used to do lease options 20 years ago, and it seems like a great way to wrap around without trigger a sale or breaking any terms of common notes.I have a $1.3M property w...
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Hi BP, To help out a family member I am going to rent out one side of our duplex to him, however he cannot afford the rent on his own so we are looking to find him a roommate. My question is, are there any provisions ...
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Hi there! I applied for a DSCR loan and the terms include vague language indicating they may be a penalty if paying the loan early. Is this common for these types of loans? Is there a typical minimum period where the ...
Hi all - I am house hacking a Fourplex with a good sized backyard. All the tenants have been very good so far, and one recently asked me if they could set up a few patio chairs in the backyard. I said yes already and ...
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My partner and i are planning to buy a property. We each have our own LLCs. I am wondering if we can fund the property with our LLCs 50:50? In other words, can a property be owned by two LLCs? This way we don't have ...
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Last year I bought a 4 unit, 2 story purpose built apartment. I use a property management company but I also stop monthly to check on things. The place has been clean and quiet until a new tenant moved in last month. ...
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Hello all,I know that NMLS provides information on rules and regulations for investing in individual states but is there any specific or particular verbiage that allows one to know if a license is required to purchase...