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17 December 2024 | 8 replies
Is it segregated (only my funds in the account)- do you have an attorney on staff that reviews exchange docs and keeps them current - what is the typical time for your staff to complete an exchange ( you want to get a feel for if they are understaffed and can they get the work done on your time frame)- how many exchanges do you do a month- what is your errors and omissions insurance through, can I get a copy- what is the amount of your fidelity bond - for each occurrence- what protections are in place to prevent wire fraud- will my funds be used by the company for outside investments (goes back to the type of account funds are held in)- who will be my contact during the exchange (goes to customer service, you want one contact who you can reach by telephone)Investors should keep in mind that it is their money they are placing with a QI to hold for a short period of time and be sure they feel comfortable with the company they choose to perform this role.
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12 December 2024 | 7 replies
The city of Chicago has made a huge push to get rid of any lead service lines, so it's no surprise you have to mess with that.
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3 December 2024 | 26 replies
I should note that that I was using Baselane's banking service to collect deposit and rent, and had moved the funds immediately to my private bank after I collected (thank god!).
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14 December 2024 | 13 replies
So far I have not had good customer service.
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11 December 2024 | 7 replies
It potentially can be possible if you provide your capital to a fund who operates as a private lender.You would have to be a non-managing member in an LLC or an LP in a Partnership.Therefore, you would have no say in items such as who to lend the money to, at what rates, etc.Best of luck
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12 December 2024 | 17 replies
Therefore right now I'm considering using a service for submetering and then billing separately (currently I live in the ADU and rent out the main house).Does anyone have experience with this?
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4 December 2024 | 4 replies
In this market there are cabins on their own land and cabins on leased forest service land.
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14 December 2024 | 3 replies
Basically, you ask permission from the mortgage servicer, who then informs the mortgage investor assuming they are good with it.
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17 December 2024 | 86 replies
Then when you're skilled up and confident you can take your remaining non-emergency, non-reserves cash and scale more aggressively.
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13 December 2024 | 3 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.