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5 November 2024 | 28 replies
I know its expensive but you will be well protected :)Or you save a lot of money and be better protected by doing this consistently and well:-carry appropriate types and amounts of insurance-sign contracts with indemnification provisions- obtain all necessary licenses and permits to operate your business-ensure all vendors/contractors are licensed and insured and list you as additional insured-sign well drafted and fair leases and be a responsive landlord -be an active owner or hire an active PM who avoids or at worse timely eliminates premises liability exposure The strategies you often read about are sold by alarmist asset protection companies who fail to disclose how impractical they are.
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29 October 2024 | 6 replies
I help maximize and schedule showings, communicate with other agents and tenants, and provide access to promulgated paperwork and full transaction management.
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29 October 2024 | 9 replies
You could also qualify if you spend more time on the property than anyone else involved, regardless of hitting 100 hours.Ex. managing contractors, handling bookings, setting up the property, or dealing with guest communications, you might meet the material participation requirement without needing to track 100 hours.The key is to document everything.
30 October 2024 | 3 replies
Quote from @Stevens Jaquez: I recommend you stop communicating with her.
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3 November 2024 | 15 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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29 October 2024 | 5 replies
But wanted to add that you may want to consider a consultation with an attorney or even your liability insurance company to discuss best ways to handle this up front to avoid mis-steps in communication with the tenants, neighbors, media etc.
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29 October 2024 | 21 replies
Any information communicated by Equity Trust Company is for educational purposes only, and should not be construed as tax, legal or investment advice.
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31 October 2024 | 19 replies
I am already subscribed to Lane's e-mails but again, checking to see if any BP investors are actually with him and have been for a period of time, and could describe the level of comfort, level of return, communication policies, etc.
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31 October 2024 | 7 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/944948/small_1652837463-avatar-joshc147.jpg?twic=v1/output=image&v=2)
31 October 2024 | 37 replies
Originally posted by @Josh Cochran:What do you think of these fees, fair or a little over-the-top?