11 June 2024 | 5 replies
Also, for anyone based in Philly, I've heard from one contractor that quotes of 20-30k were common a few years ago, but due to recent rule changes, contractors need to maintain excavation licenses/ insurances to do any dig out work and that cost is getting passed to customers.

11 June 2024 | 0 replies
Information sought to be protected by an NDA must be specific so that there is no ambiguity, and for the courts to consider the agreement reasonable.Examples of information protected by NDAs include trade secrets, financial information, customer information, intellectual property, product formulae, product information, business plans, contracts with other organizations and computer codes or access processes.Sometimes, defining confidential information is hard because a whole lot of information is involved, especially in unilateral NDAs.

12 June 2024 | 10 replies
Your rents should also be going up, trailing market rent just a little to not encourage turn over.

10 June 2024 | 4 replies
@Cliff ConnorRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

12 June 2024 | 17 replies
Regardless if your customers only stay one night or not does not make the argument for skipped services .

15 June 2024 | 87 replies
And thanks for reminding me to back fill some detail.Some things off the dome - disclaimer - there may be more:- we review the file for disparate loan amounts (ie underlying lien cannot be more than new)- we assist with getting insurance in place- I stay involved in all my wraps post closing - if needed- we have auto releases in our deed of trust to avoid needing seller when all are paid off- we provide POAs to handle return of escrows and insurance claim proceeds- we advise how to handle re 1098 tax notices- we actually step in if there is overreaching or errors in structure/contracting- we encourage 3rd party loan servicing companies be used- we require the wrapped note to be obtained and reviewed before closing- we encourage an RMLO be used to vet end buyers- we advise of all required state and federal disclosures be usedThat is all I have off the cuff -- but very much looking forward to hearing from others on their risk avoidance measures

11 June 2024 | 68 replies
I'll run these by my lawyer, customize for my business and for NC, and fire away :)

10 June 2024 | 30 replies
Find one that can be custom to your needs, has flexible pricing, no long-term, high-cost memberships, and excellent customer services to determine how to best market to your leads.

11 June 2024 | 116 replies
Quite encouraging.

10 June 2024 | 4 replies
I think what Benjamin referred to is more of a custom builder utilizing a builder loan that converts to permanent after construction.