19 November 2024 | 15 replies
It could be real and if so, you acted on it when you knew about it so I don't know how anything else could be expected, but liability is a different story.
22 November 2024 | 4 replies
It’s crucial to stay disciplined here, as overspending on land can limit the funds available for construction and other expenses.Development Scale: I’d recommend avoiding developments in the range of 4-50 units unless you have a very specific reason.

21 November 2024 | 11 replies
Advertising a non-conforming unit without disclosing its illegal status could be considered deceptive (and fraudulent), opening the owner to major legal risks (fines or tenant lawsuits).Even private marketing, like word-of-mouth, doesn’t absolve the owner from liability if the unit fails to meet legal requirements.

19 November 2024 | 0 replies
Sellers want themselves released from liability for some tenant issues after the sale happens.With the background, what is a tenant estoppel letter?

20 November 2024 | 6 replies
STR, MTR, it doesn't matter, you can't house people there and would be in a severe insurance liability if something were to happen in an unpermitted addition or renovation.If it was permitted, you would use Furnished Finder for MTR.

21 November 2024 | 1 reply
My limit is set to $500, and I never was sent a request for this repair.

23 November 2024 | 7 replies
Here's the terms:FOR VALUE RECEIVED, XXXXX a limited liabilitycompany (hereinafter referred to as "Maker*), hereby promises to pay to MY NAME,whose address is redacted (hereinafter referred to as"Holder"), or order, the principal sum of $XXX,000.00 in legal tender of the United States, accruing interest at an annual rate of 18.0%.

21 November 2024 | 6 replies
Tools like Baselane simplifies bookkeeping and tax preparation by categorizing transactions and storing records.Keep personal and business accounts separate to maintain LLC liability protection.Please don't use the same LLC for flips and rentals.
25 November 2024 | 14 replies
Staying local would make capital the limiting factor where my restrictions out of state would be additional research.

15 November 2024 | 6 replies
How do I find good LPs for my deals?