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13 February 2025 | 123 replies
Very conservative approach that protects the seller.There is a long thread that covers what I'm talking about atPace Morby Mentorshiphttps://www.biggerpockets.com/forums/79/topics/1001612-pace-...
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10 February 2025 | 10 replies
A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.
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10 February 2025 | 24 replies
Using your throw-away prepaid credit card of course, to protect your credit, and complying with the contract terms -- I find teasers sometimes do indicate whether the subsequent seminar or product might be worth having your company purchase.
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27 January 2025 | 0 replies
To avoid a dispute, it’s crucial to add the trust or LLC as an additional insured on the policy.”This is a simple but crucial step to help protect your home.Please share this post with your family and friends to keep them informed.
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10 February 2025 | 59 replies
I have on multiple occasions, once with one of my own properties and a few times for clients been able to not only get the money they paid for a property but also gave them extra money in a total loss (protected the equity that has accrued due to inflation in the industry).
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16 February 2025 | 22 replies
Also keep in mind that many of these vacation locations have began changing enforcement and regulations for STRs so make sure to research a lot about pending legal actions and public sentiment of STRs in any market you want to enter and formulate several exit strategies to protect yourself in case there is a shift in the market there.
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29 January 2025 | 2 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.
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3 February 2025 | 8 replies
That complicates enough I'd consult with an entity/asset protection pro.I don't hold residential assets in LLCs unless partners got involved.
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20 February 2025 | 11 replies
If things go wrong, you have no protection.
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19 February 2025 | 9 replies
Lenders that don’t require an appraisal will perform a desktop appraisal but will typically have a very conservative view on the value of the property to protect the company’s investment.