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3 November 2024 | 8 replies
@Glen Michael we charge an onboarding fee to owners, which they ALWAYS complain about, but they don't want to undertand why it's so important.We use the funds to check:1) Ownership: we verify property is actually properly deeded to their name, LLC, etc. - We've found issues where owners was NOT on the deed and was scammed- We've also had to patiently explain to owners that since an LLC owned the property, that the management contract had to be in the LLC name and we needed proof they could sign for the LLC.2) Property Taxes: we make sure we know the status, to avoid tax foreclosure issues.- Took over several properties for an out-of-country owner last year that we're in the midst of tax foreclosure.
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5 November 2024 | 28 replies
It wasn’t until he consulted with a tax advisor specializing in Section 1031 exchanges that he was able to properly navigate the process and save thousands.
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11 November 2024 | 22 replies
I would really drill down on how and why it got to be so expensive, why they didn’t let you know before doing the work, and let them know you would have gone with the $9k bid had they communicated properly, then see if they will negotiate with you.
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9 November 2024 | 21 replies
I see the value in not being overwhelmed because of a failure to properly build a situation with systems and organization.
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4 November 2024 | 4 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
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9 November 2024 | 87 replies
If you listen to the end of Powell's speech yesterday the most important part was rarely commented on by the media which is when he said, We will continue reducing the balance sheet. translation, They are continuing to let Mortage backed securities and US Treasuries roll off without renewed purchases.
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4 November 2024 | 19 replies
So I was playing musical chairs with them much as you might with credit card balance transfers.
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8 November 2024 | 53 replies
I think you and I were discussing in another thread the balance among 1. being welcoming (which I try to be, I usually start my posts to new forum guest with 'welcome!')
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4 November 2024 | 14 replies
I would absolutely collect that from them if they were properly notified
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3 November 2024 | 5 replies
Sometimes, it’s all about finding the right nearby areas that balance cash flow with future appreciation to achieve your goals.Here are a few cities (there are more) just outside Atlanta that have strong RTP ratios and more affordable entry points, I suggest looking into:East Point, GA College Park, GA Douglasville, GA Lithonia, GA If you’re interested in any of these areas, feel free to DM me!