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3 January 2025 | 13 replies
Circuit Court of Appeals late Thursday reinstated a nationwide injunction that had been issued earlier this month by a federal judge in Texas who had ruled that the Corporate Transparency Act was unconstitutional, Reuters reported on Friday, thus suspending the deadline once again for most reporting companies to file beneficial ownership information (BOI) reports with the Financial Crimes Enforcement Network (FinCEN)."
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2 January 2025 | 15 replies
We give our proven tenants some slack when they are upgrading since we already have a proven record with them.
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6 January 2025 | 4 replies
Any additional screenings or criteria should be consistently applied to all applicants to avoid potential discrimination claims.Rental application fraud can be a significant threat to the financial and operational stability of running and operating a property.
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26 December 2024 | 2 replies
The property had a first mortgage, as well as a second mortgage, both from the same purchase money lender.After receiving the trustee’s deed and recording it, I discovered two “Independent Solar Energy Producer Contracts” recorded against the home.
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11 January 2025 | 11 replies
However, sometimes investing is more than just the financial return.
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7 January 2025 | 13 replies
Basically, she uses her good score and no eviction record to lure landlords and then have someone else lives at the place.I am in the process of contacting others and filing a police report.
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24 December 2024 | 6 replies
If you're expecting property owners to sell their home to you at a discount, you'll need to earn their trust - whether that be by demonstrating a successful track record with purchasing/selling similar deals OR by meeting them face to face and separating yourself from the dozens of local investors and realtors.Lastly, I'd recommend searching past posts related to this topic as well as checking out books related to your target investment strategies.All the best!
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31 December 2024 | 14 replies
Can anyone recommend some companies with a track record like Praxis?
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31 December 2024 | 3 replies
Keep detailed records of payment dates and amounts and consult a tax professional to ensure this strategy aligns with your overall tax planning.
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22 January 2025 | 31 replies
Regardless, you might find the copy & paste info below helpful:)--------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?