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23 October 2024 | 8 replies
Look into investor backgrounds more thoroughly and perhaps use legal contracts that offer stronger protections and even tie to personal assets, many will always try to use the LLC to protect themselves, but serious investors will sign a note personally and have collateral to sometimes back it.I hope you find some clarity soon.
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18 October 2024 | 7 replies
Most of the leads you generate via cold calls, social media, and other marketing efforts won't transact or even meet with you for some time.Baseball players take dozens of swings in batting practice to prep for just 2-3 good pitches they'll see come gametime.
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22 October 2024 | 7 replies
If things aren't looking good I'll bake in an additional 10% to protect myself.6.
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19 October 2024 | 3 replies
I would also charge a lot more than I would for a residential rental.Honestly, I wouldn't recommend it unless you've really studied it and understand how to protect yourself and earn fair compensation.
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18 October 2024 | 14 replies
If it's an owner occupied unit sometimes I've found the big players like state farm to be pretty competitive on price.
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20 October 2024 | 13 replies
Folks use an LLC for anonymity and liability protection.
21 October 2024 | 1 reply
Title insurance protects the lenders in case issues with ownership arise after the sale.Underwriting fee: This is for processing the cost of verifying the borrower’s credit history, income, and other financial information.Discount points: Many investors pay more money upfront to buy discount points and reduce the mortgage interest rate.
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19 October 2024 | 6 replies
Just would like to know would this be smart on my behalf(liability)protection wise?
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21 October 2024 | 4 replies
I also carry $1M of insurance to protect in these instances as well.
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20 October 2024 | 147 replies
When an NBA player makes the too little sign after dunking on someone.