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22 October 2024 | 12 replies
You will not get all of the liens confirmed - there can be HOA liens, tax liens, utility liens, anything.
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21 October 2024 | 5 replies
(Here's how we keep it all straight.)Project management software (Asana)-> Order of operations-> Responsibilities -> Deadlines-> Notes-> SOPsDaily Contractor Check-in Calls/Texts-> Roadblocks-> Resolutions-> ResultsIn Person Walkthroughs-> Our Property Manager-> My Business Partner-> Our Realtor-> MyselfHow do you drive results for your renovations?
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18 October 2024 | 2 replies
Obtain estimates for planned renovations and confirm if the allocated budget is sufficient.
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24 October 2024 | 19 replies
Get a good accounting software to track everything.
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22 October 2024 | 2 replies
@Alexander F PollockYou may lose a tax benefit of a stepped up basis for capital gains purposes transerring interest away from her parents.Also consider conducting a judgment searches on all parties to the transaction to confirm there will be no title problems for would come up when the LLC sells in the future because you will not have title insurance to cover prior owner issues.
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23 October 2024 | 10 replies
I think you have about 90 days to move into the property for an owner-occupied loan but I am not sure if that differs between FHA vs. conventional - @Zack Karp or @Jose Valdovinos could confirm that...Either way, I'd follow the advice of others above...give the seller two or even three separate offers that work for you.
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24 October 2024 | 33 replies
Just this week I sent an e-mail to her caseworker to notify the HA of our pending lawsuit to obtain a judgment for what she owns, and the caseworker confirmed that she will place the voucher on hold until the outcome of the court case, which prohibits the tenant from leaving until I confirm she is in compliance with her lease.
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24 October 2024 | 12 replies
By forming a property management company, you could deduct business expenses like office supplies, software, and possibly a home office, which you wouldn’t otherwise be able to claim.
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20 October 2024 | 147 replies
I can use my Fathom IA software to record the meeting, capture key points, and create a transcript.
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23 October 2024 | 27 replies
As a final step, they requested an in-person appraisal to confirm the value of my current residence.