I want to know if this is what I can realistically expect for net on an STR. The Regime/HOA covers everything except electricity. It says it covers insurance, too, but I'm wondering if that's resort insurance vs. in...
In a normal market, owners of multifamily properties typically consider selling for the following reasons: personal health or fatigue, political and economic uncertainty, government over-regulation, physical or functi...
Hello Fellow AgentsThis is a legal question about the distinction between a broker fee and a broker commission.When I work with a seller a listing agreement is signed detailing the fee involved for my services. This c...
I might be asking the obvious here, but can you wholesale a property to someone who is financing through the bank? If it's under contract to be sold to me and I write in the contract "and/or assigns to" and assign to ...
Just got my hands on this. I have a handful of clients that were 1-3 months behind prior to the current lockdown, or are just in general late. Mainly commercial leases, but there is one or two residential.I was going ...
Hello everyone! I am looking for multifamily deals in my area and I have enough for a downpayment on one that I found. This will be my first deal and it is all the cash I have if I buy it with a dscr loan. My thoughts...
I am currently in the process of closing on a property in Mississippi, but I currently live in NJ. My intention is to sell the property as soon as possible. I have read and been told that setting up a S-Corp to prot...
I currently fund my California fix and flips with a mixture of Hard Money and Private Money. I create a promissory note for the PM and record it as a second lien against the property.
With the current requirement in...
I buy 100 to 400 unit apartment buildings and I have an investor that owns an apartment building who is 67 years old. She has owned and managed the property for years. With her age she is wanting to sell the property ...
We just bought a park in PA which had 20 RTO homes with several tenants that haven't paid for about a year. When we took them through the eviction process, the judge ruled that this is a RTO contractual issue (owners...