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2 September 2024 | 18 replies
Lifting the veil MAY refer to disclosure of ownership interest, piercing the veil refers to disregarding the entity to establish liability; whether in a “real estate” transaction. of any other type of transaction2.
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2 September 2024 | 24 replies
We so have a living trust, will, and advance directives (for medical decision), established in January 2020.
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29 August 2024 | 16 replies
It is also near a massive medical campus that is constantly growing in a decent size metropolitan area.
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30 August 2024 | 8 replies
You will probably have some sort of limit regarding mold/medical, but thee things can turn into a mess, trust me, I manage a lot of units and have done so for almost 30 years.
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31 August 2024 | 27 replies
A mili is okay when I'm established, but I only got so many bullets to shoot first.
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29 August 2024 | 2 replies
(aside from the very obvious medical/industrial appliances/equipment).
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30 August 2024 | 0 replies
It is based on the trust that payment will be made in the future.Why establish business credit?
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30 August 2024 | 6 replies
This step ensures compliance with local regulations.From my experience, when I had an STR in Cleveland, I only did the regular rental registration, so make sure you complete both registrations to avoid any issues.Cleveland is a popular spot for STRs, especially for visitors coming for sporting events and medical purposes.
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30 August 2024 | 17 replies
Checklist: Here’s a quick checklist to get you started:Get a home inspection (optional but recommended)Fix any outstanding repairs or issuesCreate or customize your lease agreement (covering pool/fireplace)Set up tenant screening processesTake detailed photos of the propertySecure proper insurance (consider rental-specific policies)Establish a move-in/move-out inspection processClarify utility responsibilities in the leaseConsider a property manager if you prefer hands-off managementDon’t worry, you're on the right track by doing your due diligence.
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29 August 2024 | 1 reply
Partner with an established wholesaler.