Account Closed
Renting out an old Payless Shoe Store at NNN
I'm a complete novice at commercial real estate but jumped in head first. I now own a property in Florida that was a payless shoe store in a very busy area. After I bought it I was contacted by a number of brokers loo...
Dakota Harmon
Are there specific clauses in a property management agreement to be mindful of?
Here are some topics in an agreement that have my concern:
- Waive the requirement for approval from owner for any repairs or maintenance of any one item under a specified amount (one company is asking for $600…). Th...
Oscar Martins
Starting construction while I wait to close on a property
Hey,
What are some construction projects I can take on while I wait to close on a property? The property I am closing on needs new front porch rails which I have already started putting together in my workshop. Once I...
Tim Silvers
Cast Iron Plumbing On Flip Property
I am a week away from COE.Buyer's sewer inspection report came up with the following:
"CAST IRON PRESENT: The age of the plumbing system should be taken into consideration. Cast Iron drain and waste lines typically h...
Coleman Nelson
Late Fees for Utilities?
We have a lease that stipulates rent is $525 per month and the tenant is responsible for all utilities. This is a duplex with one water meter, and we had submeters installed to divide the cost between the tenants, an...
Adem Karaduz
Having trouble finding potential tenants
I've only done one showing for the 14 days it has been on the market. I've posted it on all the major marketplaces. I've compared my property to that on Rentometer, and it is below the average. Can anyone provide some...
Elizabeth J Humphrey
Florida homeowner's insurance with no 4 point required?
Anyone have any A rated companies that will insure a SFH in Florida without a 4 point inspection? Buying a vacant foreclosure that I am pretty sure it will not pass. If no insurance, will have to cancel contract as th...
Dawid Surowiec
How to transfer a property from your LLC to your name
What's going on PB community!!
I have a specific question to my situation
I am buying a property for 100% hard money, under my LLC.
I want to transfer the property from my LLC to my name and I want to mortgage the p...
Bill Willis
Tax Handing Q's - LLC vs Prop. in Your Name (Due-On-Sale Issue)
Afternoon,
I recently purchased another single family home to live in, but I still have my condo that I own and want to start renting out. I've done a bit a research around LLC's and creating one - (unfortunately, I ...
Tom Juhn
Transferring Title
If I transfer title on a property from a trust to a individual or a individual to a trust or a LLC or any combination, will this make it difficult at time of sale? How will this affect the title policy? I will was at ...