
1 May 2024 | 16 replies
These policies are often designed to protect the lender's interests and mitigate potential risks associated with non-owner-occupied properties.Exploring Alternatives with Chase: Since Chase is your mortgage servicer, it's essential to continue trying to communicate with them to understand their specific policies and requirements.

30 April 2024 | 9 replies
Hey @Amir J Reichental, There are small pros and cons to this: Home Address:Pros:Privacy: Providing your home address keeps your personal information private, as it's not tied directly to your business.Convenience: If you're already receiving mail and other communications at your home address, it may be more convenient to keep everything in one place.Cons:Risk: Using your home address exposes it to potential risks associated with the property owned by the LLC, such as lawsuits or creditors targeting your personal assets.Tax Implications: Depending on your jurisdiction, using your home address could have tax implications, especially if you're claiming any tax benefits or deductions related to the property.LLC Address:Pros:Asset Protection: Using your LLC address helps separate your personal assets from your business assets, providing an extra layer of liability protection.Business Image: Using the LLC address for business-related documents can help establish credibility and professionalism for your company.Cons:Public Record: LLC addresses are often part of public records, which means they may be more accessible to anyone who wants to find information about your business.Mail Handling: If you don't have a physical presence at the LLC address, you'll need to ensure mail forwarding or a reliable method of receiving important documents.Ultimately, the decision depends on your specific circumstances and priorities.

30 April 2024 | 7 replies
I'm ok with that as long as they "own" securing the subcontractors are regularly on-site and provide good communication back to me.

30 April 2024 | 6 replies
I would try to get creative here and figure out the emotion that is driving them to say cash only and tailor the terms around that.

30 April 2024 | 12 replies
Good communication with tenants that sets expectations is also useful.Belts and suspenders . . .

2 May 2024 | 45 replies
Communicate well and perform when you say you will and they will reach back out to you for additional deals.

30 April 2024 | 27 replies
I think it comes down to good communication both ways.

30 April 2024 | 5 replies
Prioritize the lender that communicates well and actually answers your questions correctly and in a timely manner.

28 April 2024 | 6 replies
Unless there is a specific reason to communicate there is no reason to.