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25 December 2024 | 4 replies
We had a client that bought in Port huron and then ended up selling their property because they went through 3 PMCs and gave up trying to find a great one:(Some copy and paste advice below:--------------------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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27 December 2024 | 3 replies
Property LLC is owned by Holding LLCHolding LLC is owned by Jane Doe.If you were shutting down the LLC and wanted to just put the property in the name of Jane Doe who owns the holding company who owns the LLC.Do you actually need to transfer monies back and forth or would this be done by a journal entry as a non cash distribution?
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27 December 2024 | 3 replies
If you don't do these promptly, the insurance company may not cover all the damages.DM us if you want to sell quickly:)
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23 December 2024 | 10 replies
The average company only survives for ten years, while even large companies typically last just 18 years.
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26 December 2024 | 2 replies
I would like to have lower monthly payments should I make a big lump sum payment towards my principals and ask my mortgage company to adjust it or refinance it or which one is the best ?
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23 December 2024 | 8 replies
Does anyone have a service or company they'd recommend for this?
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26 December 2024 | 2 replies
The solar system adds no value to my property for rental purposes, and I may even be ripping up the roof & replacing it in the new year.Beyond sending a nasty letter through my attorney via certified mail, demanding the company come pick up their equipment, am I required to take any further action or fulfill any obligations regarding these contracts?
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13 January 2025 | 31 replies
I don't think it is a bad idea to find work in real estate somehow as it will allow you to be comfortable with being around it in general, such as a property management company.
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27 December 2024 | 4 replies
Here’s what I’m considering:I plan to call the mortgage company tomorrow to explore any assistance options they might offer.Should I look into selling the property?
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3 January 2025 | 10 replies
That's how I started, with a company called Flip More Deals (currently called the Growth Collective) they were very hands on and helped me through the entire process and connected me with a lender and gap funder, very hands on you should check them out.