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27 December 2024 | 93 replies
I would like to pass on a little bit of useful information for anybody thinking of converting their permit over to owner-builder. 1 - You will not be able to sell the property for a minimum of 365 days from the date of issuing of the CO. 2 - The property must be for the owner's own use and occupancy and not for sale or lease which means you will not be able to rent it out. 3 - The owner-builder must ensure that all employees working on the project have the required licenses.4 - The owner-builder must provide worker's compensation as required by Florida law.5 - To apply for the owner builder permit, you must physical visit the building department.There are others requirements and conditions, however these are the main items.
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12 December 2024 | 2 replies
By connecting, i can ensure that any potential deals I come across reach you directly, and you won’t miss out on great opportunities!
12 December 2024 | 4 replies
Either way, ensure you have reserves and run the numbers carefully to set yourself up for long-term success.Good luck!
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13 December 2024 | 2 replies
This separation allows you to manage risks more effectively, ensuring your personal credit isn’t impacted by the ups and downs of your real estate ventures.Building business credit is more straightforward than most people think.
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13 December 2024 | 4 replies
Another option is exploring secondary market platforms like NotesDirect or Paperstac to streamline sales.Hurdles you might face include ensuring clear documentation, compliance with DSCR underwriting, and strong borrower credit profiles.
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11 December 2024 | 4 replies
This process is outlined in our lease agreement to ensure transparency with tenants.
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17 December 2024 | 42 replies
The trustee, borrower or bank can ensure you get your hand slapped hard for approaching the circumstance as a work-out or foreclosure fix it guy without a license or being an attorney.Let's say that we can approach the owner and be in compliance, which you can.You will not purchase a note as an individual investor from a bank that has started foreclosure by making an offer like that.You get a request from the borrower for the bank to sell the note in lieu of payoff as demanded.
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11 December 2024 | 34 replies
I have another call tonight and will be very interested to hear what actionable steps will be taken to ensure better booking rate and higher ADR.If someone has another coach with a more reasonable rate structure with good curated learning materials, I would be very interested to hear.
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11 December 2024 | 6 replies
- Insurance Implications: How might allowing pets affect my homeowner's insurance, and what steps should I take to ensure proper coverage?
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12 December 2024 | 10 replies
This ensures your books match the timing of your taxable income.It sounds like you're off to a great start—make sure everything is categorized correctly and consult a CPA to confirm your setup.