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14 November 2024 | 2 replies
However, excessive shifting could indicate that the opener isn’t secured tightly or aligned correctly.
12 November 2024 | 0 replies
So my insurance broker says he cannot be added.My attorney advises I should maintain the previous insurance plus setup a new one under the LLC in FL who is the beneficiary of the Trust and then to add the Trust as additionally insured.But i would like to avoid double paying for insurance.Will you guys please advise on how to go about doing this?
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17 November 2024 | 5 replies
Once a default has occurred - be it missed monthly payment, note maturity, etc, the note holder or their representative send a letter to the debtor notifying them of the default and providing the statutory timeline for corrective action.
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15 November 2024 | 5 replies
This means there are no checks and balances to ensure all transactions are entered correctly.
13 November 2024 | 2 replies
Maintain the seller’s existing insurance.2.
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16 November 2024 | 21 replies
Finally, your hunch is correct: when the syndication cycle closes, your past "free lunches" will have to be paid for, aka recapture.Here're some relevant posts from your favorite site:https://www.biggerpockets.com/forums/51/topics/839015-are-sy...https://www.biggerpockets.com/forums/51-tax-legal-issues-con...https://www.biggerpockets.com/blog/real-estate-professional-...
11 November 2024 | 3 replies
The way it was explained to me is that I am responsible for maintaining the roof, exterior walls, concrete floor, parking lot, landscaping, etc.
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9 November 2024 | 7 replies
You have to understand your rights and maintain control of the situation.
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13 November 2024 | 6 replies
At this point, we are three years in, and have learned that you sometimes have to have thick skin (grit) in dealing with tenants, managers, and RV site visitors; while maintaining a sense of humor and humility.
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10 November 2024 | 9 replies
Only those that legally existed prior to new Codes can be maintained, replaced, etc.