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21 January 2025 | 74 replies
You set the time limit for this clause, whether you want to be their source of funding for just the one project, for a year, for two years or forever.
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4 January 2025 | 67 replies
There are limited number of companies and equipment.
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1 January 2025 | 4 replies
Confirm the zoning limitations: Mixed-use zoning can often allow for more flexibility, but you need to get the exact details.
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1 January 2025 | 12 replies
I am not sure if anyone else saw it:"Full and Liquidated Damages": This limits both parties to just the damages stated in the contract.
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2 January 2025 | 10 replies
Echoing some of the comments from others on this thread and adding that the LLC is purely for asset protection and limiting your personal liability.
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26 December 2024 | 18 replies
What started as a promising BRRRR ended with us making the tough decision to sell at a loss after an unexpected disaster.The Numbers:Sold for: +$230KPurchase Price: $115KClosing Costs: $3KRehab Costs: $105K ($49K original rehab, $56K additional repairs due to the car crash)Holding Costs: $31K (12 months)Selling Costs: $16KInsurance Claim Recovery: +$25KNet Income: - $16KWhat Happened:This was supposed to be a BRRRR.
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30 December 2024 | 3 replies
Warranties often have limitations, like they might not cover pre-existing issues, and there could be delays if they require you to use their contractors.I'm not sure if you've purchased a warranty already, but before purchasing a warranty, it’s a good idea to carefully read the fine print to see what’s covered and if there are any exclusions.
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1 January 2025 | 13 replies
You’ll want to get loans from local banks and credit unions but you may run into issues with more limited features.
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8 January 2025 | 14 replies
In my experience, most have limited product offerings.
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30 December 2024 | 11 replies
Our program offers a range of coverage levels, including basic or special form coverage and actual cash value (ACV) or replacement cost (RC) loss settlement methods.