All Forum Posts by: Rashid Khalil
Rashid Khalil has started 30 posts and replied 86 times.
Post: maintaining privacy in lease agreement

- Posts 88
- Votes 29
Savannah
Thank you so much for your comprehensive reply.
I am using some of these measures.
First issue I encountered: land trust fails to work as smoke screen, because the deed is recorded in trustee name. Using LLC as trustee is also not considered appropriate by many. So only solution I could think is using a 3rd part Trustee service .And getting a trustee deed which will be recorded in future when I sell the property.
What do you think?
Post: maintaining privacy in lease agreement

- Posts 88
- Votes 29
Quote from @Matthew Becker:
Managers can; Trustees can, LLC partners can; You can have an attorney be an agent and have them sign. You are exposed no matter what if it is revocable. If you are that concerned, hire a PM, but you are still on the hook most of the time. If they sue you for something you did wrong, they will find out who owns it. I would not worry so much or hire a manager.
i am leaning to hire a PM
Post: maintaining privacy in lease agreement

- Posts 88
- Votes 29
Hide ?
No, not hide
its called privacy
so if someone put my name they don't see the 15 houses I own
and a few other reasons too
Post: maintaining privacy in lease agreement

- Posts 88
- Votes 29
when renting a property owned by LLC or a Trust (to maintain privacy), who will sign on behalf of the landlord, (manager or trustee). the signor will have to disclose their name (Me) which will blow the anonymity
I made my Trust sign a management agreement with My LLC but then when i signed as manager of LLC on lease that exposed me again
To me seems like the only way is to have 3rd third-party PM contracted which then signs the lease with Tenant, but that is a lot of money wasted every month
any thoughts and ideas is appreciated
Post: lease option vs seller finance

- Posts 88
- Votes 29
love it
Post: lease option vs seller finance

- Posts 88
- Votes 29
what is a better exit strategy Lease option vs Seller financing
Please share your experience about MYND property Management service
Thanks
Looking for Land trust drafting service
With reasonable pricing
I am looking for a property management company for a Single family home in SPRING TX
will appreciate your recommendations
Thanks
please provide some recommendations / contacts/sites that can evaluate for MTR potential of the property and can help with furnishing and rental if qualified.
thanks