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2 December 2024 | 13 replies
Property managers typically belong to state or national organizations that continuously update their contracts and processes to maintain compliance.
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11 December 2024 | 35 replies
If not, you will have to utilize hard money which will drastically increase holding costs.
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4 December 2024 | 4 replies
I have found it is better to use a Broker if possible so they can shop companies, and shop every year vs using a captive agent that can typically only sell their company policies.While it is good to shop, not always good to go with the lowest possible provider on insurance.
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8 December 2024 | 9 replies
We are listed on about 6 sites and besides the typical Airbnb and VRBO, we've had success with Travelstayion as well.
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2 December 2024 | 26 replies
Quote from @Michael Galace: I'm utilizing their service, been with this agency for 5 months now.
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12 December 2024 | 20 replies
They typically give you 30 days to cure nonemergency issues.
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2 December 2024 | 1 reply
The smart play would be to build a two story wood frame structure on top of piers or concrete block in most cases. 35 feet is a pretty typical height limit in most neighborhoods, so depending on elevation you SHOULD be able to build two stories on top of the elevated foundation.
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4 December 2024 | 4 replies
You can - 1) establish a trust for asset protection, 2) utilize the Homestead Exemption for property protection, 3) consider tenancy by the entirety for marital property (this might just be applicable to California, my home state)4) make sure you have adequate liability insurance for additional protection, 5) think about forming a business entity to shield assets, 6) and have proper estate planning for asset distribution.Seek tax and legal advice from experts in your state.
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2 December 2024 | 4 replies
Credit scores are made up of many factors, one is the utilization of an account vs its credit limit.
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6 December 2024 | 2 replies
If you're planning to use an FHA loan or another owner-occupant loan, there are typically rules about tenant occupancy.