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14 January 2025 | 5 replies
Putting in a ramp, adding grab bars in bathroom, raising the sink height, etc.
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7 January 2025 | 3 replies
Second, in terms of asset protection, LLCs are not invincible, but I think what many don’t understand is that they are not designed to completely shield your assets from liabilities, on the contrary they are designed to contain and isolate liabilities.
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19 January 2025 | 8 replies
Regardless of if there is a due on sale clause or not - if you are paying a 2% of property value tax twice - that's a large expense.
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14 January 2025 | 23 replies
The Due On Sale clause was added I think in the 1980s because of "sub-to" deals.
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16 January 2025 | 2 replies
Here’s the context:The house appears vacant, with a large tree that has fallen on the property.From what I can see, the house seems full of furniture and might even be a hoarder home.I’ve skip-traced the property and found that the owner has unfortunately passed away.The house seems to be mortgage-free, and I’ve identified three phone numbers associated with the son, who I believe is the heir.I’d like to reach out to the son to express my interest in purchasing the property, but I want to ensure I do so respectfully while also gathering the right information.Here are my questions:What’s the best way to approach the heir while showing my condolences for their loss?
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22 January 2025 | 14 replies
What neighborhood of Chicago and how large are the buildings?
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12 January 2025 | 21 replies
Direct mail, SMS, door knocking, Facebook ads?"
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26 January 2025 | 17 replies
He strongly discouraged adding a backwater preventer bc he said he's seen it make things worse.
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8 January 2025 | 11 replies
The information contained in this post is not to be relied upon.
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24 January 2025 | 17 replies
My underwriting would have this large negative cash flow for 7 years.I would do a thorough underwriting but want to show using quick math the issue so I will use the 50% rule.