Skip Reath
Advice needed on reducing ownership of condos
Wanting to know if anyone knows of a way to reduce ownership % in condo complex. I currently own 10 units in a 35 unit complex. Have 4 units under sales contract but finding difficulties in getting buyers financed. ...
Sean Dezoysa
Common reasons for ownership in a trust?
I notice a decent amount of homes in my area have a trust listed on the title as the owner. This was surprising to me. What are the most common reasons average, non-investor folks would have their home owned by a trus...
Jeff Greenberg
Equity Partners Ownership Restrictions without being vetted
In every Syndicated deal I have been involved in, the lender requires the equity partners to be vetted, and be a signer on the loan, if their overall ownership is above 20-25%.
1. I would like to hear a len...
David Wolber
Insurance "recommendations", hidden cost of property ownership!
So first we bought this 6 unit in New London, everything was going fine until the insurance company did their inspection. Got a letter in the mail of their “recommendations” that are mandatory that I complete. $10k la...
Donald Rohsner
Buying new properties... The transition to ownership
I am a new investor. I just closed on my first two rentals in Baltimore City. Two adjacent Duplexes. I am having difficulty with getting available time with each currently occupying tenant to change locks, get leases ...
Edison Reis
House ownership NOT a priority for millennials
As recently presented in a REIN annual meeting, less than 10% of millennials have home ownership as one of their goals in life. (Actually this is good news for us as rental accommodation providers)They are staying lon...
Cory LaChance
Proving ownership of property under a trust
I'm working on a package deal with an investor for a few properties. I was doing some research on the properties (Looking up tax records and the like) and noticed that some of the properties are owned by a trust with ...
Jeffrey McKee
Existing Tennants Lease Transfer with New Ownership
Hey everyone. I recently purchased a duplex in Sherman Tx. I inherited tenants on one of the sides. First question. Does the existing lease transfer with new ownership? I have a copy of the current lease, but am ...
Vanessa Ryder
Probate / Legal Issue?? / Multiple claims to ownership..
SO I am negotiations on this property. Listed for sale by the Trustee or the Estate of the owner (who passed). Now my RE agent told me that the aunt/ caretaker of the owner (who was living in the house), which is also...
Gus Souki
Passing the 10% Mark in Condo Ownership
I'm in a middle of the hot Boston market. Live in a 24 unit building that is 50% owner occupied. I won 2 units now (live in one) and have an opportunity to buy a third. This would raise my percentage ownership over th...