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Posted by:
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Smemphis
Tennessee
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82 Days Ago
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Tennessee
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What is the best way to purchase property under an LLC? I know that is a good way to protect your personal assets. Also how can one acquire business credit under an LLC?
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373 Views |
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Posted by:
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Lawn
Florida
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230 Days Ago
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Florida
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Greetings to all dear fellows investors.
I m in a process to buy a new home that will be converted to rental. I thought to rent it with an option to buy. Anyone of you know how this process works??? Any info will be greatly appreciated. Thank you all in advance.
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Posted by:
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aaceves
California
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248 Days Ago
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California
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If the tennant and landlord do an exit walk though and find tennant has not cleaned properly or or has left items behind, how long does the the tennant have to remove, clean or recitify any issues? Can he be charged addtional rent until it is resloved? example: Tenannt has a moveout date yet he still has moveout cleaning that has not been completed and has items still to move and the tennant indicates that the addition cleaning will be completed within a as day or so . (which could turn into excessive days) . What is process to ensure extra time is not taken ?
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Posted by:
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CRMINN
Minnesota
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280 Days Ago
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Hi,
I'm purchasing a duplex with one existing tenant with lease. Do I need to transfer their existing lease from the current owner's name into my name. There's about six months left on the lease. Thanks from a newbie.
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508 Views |
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Posted by:
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FFlor
New York City
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326 Days Ago
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New York
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I wish to buy a building in upper Manhattan in order to convert the first floor and basement for professional services. However, I need to know of an investment broker who could get five individuals to invest $200,000.00. The deal is this: Each investor will get an apartment that will be converted into a professional suite. The investor will have the option of selling that unit for a price much higher than the $200,000.00 he invested or getting just his money back with interest. He will get his or her money back plus 5% per year of his/her money. All investors will have to agree to be in locked in for a minimum of 3 and ½ years unless the other co-investors feel that it is not against the viability of the entire project to have one of the initial five investors to get out of this project before 3 and ½ years.
We need to be aware that a professional unit in upper Manhattan costs much more than $200,000.00. The broker making this deal feasible will make a 5% commission on the $1,000,000.00 contributed by the initial 5 co-investors.
The building I am planning to buy is a 5 stories building with about 32 apartments in it. The reason the investors need to be locked in for at least 3 and ½ years is because there is some red tape that we have to deal with before proper permits are obtained from New York City’s building department.
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