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25 November 2024 | 7 replies
"Separation" may not be possible, but I'd like to think of an LLC as an "extra layer" of protection, although you're not completely isolated from risk... just makes it harder for others.
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23 November 2024 | 1 reply
Cap-ex was needed for:* Original 1960s kitchen, appliances out of order* Original 1960s Pepto Bismol colored tiles in the bathroom* Tobacco and marijuana stains/odor in every room* Stained carpet covering damaged hardwood* Broken side door from forced entry by police* Zero recessed lighting with 3 layers of blinds on every window* Lots of trash in the basement both on the floor and mounted to the joists overheadCheck out the Zillow listing at: https://www.zillow.com/homes/119-Jasper-Pl-Alexandria,-VA-22...What made you interested in investing in this type of deal?
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21 November 2024 | 5 replies
Gaining an understanding of the Zoning is vital to what can be built and essentially dictate how profitable the land can be.
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20 November 2024 | 6 replies
Rental properties are excluded from 50a6 law however lenders sometimes chose to follow it still as an overlay (additional layer) to provide protection because sometimes borrowers falsy their occupancy to exclude them from 50a6 law (like saying you dont live there and pretend living elsewhere when you in fact do as a borrower live at the aforementioned property).
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25 November 2024 | 19 replies
I don’t know why we didn’t get that vital piece of info in our initial meeting.So my wife and I are extremely relieved .She says she will stay on as a courtesy and if things come up it will just be an “ hourly “ rate for emergency type situations or basic boots on the ground necessities.We really like her enthusiasm and positivity and she is great at communicating and seems sincerely empathetic to our situation.
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17 November 2024 | 5 replies
There are many opportunities throughout each day to make this choice.What core values have been vital to your companies success?
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20 November 2024 | 15 replies
Sometimes, listing agents leave out vital details we can uncover up front.
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27 November 2024 | 48 replies
Roofstock is nothing more than a layer on top of the MLS that provides more information for investors.
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21 November 2024 | 39 replies
If someone were to slip and fall or otherwise hurt themselves at one of my properties due to a premises liability issue, the plaintiff's counsel will file a claim against the deed holder regardless of whether I am incorporated in PA as a single member LLC or through an entity structure utilizing LLC's from states that may have better privacy laws, the deed holder entity is layered or any of the other strategies often discussed in these forums.
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19 November 2024 | 24 replies
This vital in today’s environment.This is useful to see if contractors come to work on time and what time they leave.