Chris Seveney
Transferring Properties out of LLC Question
27 December 2024 | 3 replies
That would result in both a transfer of cash and associated journal entries.If my LLC doesn't have a bank account and I've been tracking its assets in my accounting ledgers only, moving money for the sake of moving money would seem strange (and suspicious).
Max Edward Connelly
Topeka, Kansas real estate investing
3 January 2025 | 12 replies
Thanks for the heads up on financing a mixed-use property.
Gabriel D. Zapata
Notice of an Independent Solar Energy Producer Contract
2 January 2025 | 4 replies
Granite, I know CA tends to see a lot of this; more than likely due to a lot of people owning Solar.My question is the owner that has a lien status associated to this Lien description (Notice of an Independent Solar Energy Producer Contract), is this a standard practice of just owning Solar (thus wasting time prospecting these individuals) or does this simply mean they (the solar company) took out a lien against the owner because the solar company is trying to collect their money.
Trevor McCormick
Advise on Purchasing my first STR in Kissimmee Florida
21 January 2025 | 14 replies
It's a competitive market and most of the people that get in trouble here are ones that buy blindly without actually figuring out the numbers, etc.You'd be surprised the number of times I get asked after month one if their electric bill of $xxx or whatever is normal, and the thought running through my head is "how did you not check things like that before you committed half a million dollars to something?"
Alan Asriants
The realities of when you start acquiring more units - unexpected vacancy
14 January 2025 | 9 replies
Luckily here, but the time I'm done renovation we will be heading into the spring market - so that should fair better for marketThe other tenant dropped a bomb on me and told me he bought a house.
Tamara Gonzalez
Nailed the first investment property?
2 January 2025 | 0 replies
It was great to get our heads in the game, and got us to move quicker to get a house (since we were basically forced to get a pre-approved loan in order to tour houses...).
Jerry Tello
Over The Counter (OTC) Tax Liens
14 January 2025 | 11 replies
I know an investor that might partner with you on the lot next door and/or may buy your lot without the title policy.I have already got the deed for that lot and another lot that i bought.. the second one is not waterview but it is .694 and soon to be listed on the MLS for 18k.. im still waiting for the lady to come and see hers and say shes ready to sale.. her family was affected by the hurricane and hopefully she will be able to head this way soon.. ive started to try to wholesale here in jasper and have several deals lined up but cant find any investors in my area looking to buy.. i just now saw this or would of replied along time ago.. i dont know how to do the mentions with the @.. every time i try it dont work
Nina Erlandson
Has anyone used Obie Insurance?
11 January 2025 | 54 replies
SIGNED STATEMENT OF INSURED AS REQUIRED BY SECTION 3905.33 OF THE OHIOREVISED CODEThe named insured ___________, acknowledges that the insurance policy (other than life insurance) as described above is to be placed with an insurance company not authorized to do business in Ohio.The insured understands that the insurance company is not a member of the Ohio Insurance Guaranty Association and that Chapter 3955. of the Ohio Revised Code is not applicable to claimants or insureds of said insurance company.
Jeff G.
What are some warning signs that an area is slipping from C class to D class?
7 January 2025 | 19 replies
People who live in an area their whole lives (most people), have a certain set idea in their head about the character of different towns and different neighborhoods.
David Shaun
Hit $200K in Cash Flow in 2024
16 January 2025 | 38 replies
Clear your head and decide what’s your “why” from this point on in life.