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12 October 2024 | 2 replies
I’ve seen buyers in situations like this secure terms for primary residence use compared to investors.. so it might actually work out in your favor if your buyer wants to live in the home.Funny enough, a friend of mine ran into a similar situation in Austin last year.
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13 October 2024 | 6 replies
A good friend of mine in Tampa got his claim rejected for “pre-existing” damage, but because he had photos and videos taken just before the storm, he was able to prove otherwise and get his claim approved.File Your claim Immediately:In Florida, you have only 7 days to report a claim after discovering damage, so move fast and keep a detailed log of every interaction-every phone call, email etc.
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11 October 2024 | 7 replies
They’re arguing that the deposits belong to the tenants, but I’ve always understood that the deposits are mine until the tenants move out and the unit is inspected.Any advice would be much appreciated.
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17 October 2024 | 10 replies
After she retired, she took over the daily operations.
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14 October 2024 | 9 replies
I do however agree with you that there’s no one size fits all approach and depending on the type of business that’s operated and location, the correct strategy may vary.
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12 October 2024 | 7 replies
I'd make sure to review your operating agreement to ensure compliance with the legal statutes of your specific LLC and partner buyouts.Happy to help you work through any of these situations.
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14 October 2024 | 13 replies
After operating 1 rental for 2 years and another for just a few months, I just got notification from the code enforcement at my municipality (whom I had visited in person) that I didn't file a paper correctly and fines are possible.
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12 October 2024 | 9 replies
I operate above board so their threats aren't concerning to me.
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15 October 2024 | 14 replies
It's rare to a get a nonrecourse DSCR mortgage without approx 50% down and a ton of credible operating history.
15 October 2024 | 8 replies
Ask questions about how they operate, and include your specific questions about deposits, in-house maintenance, etc.I think you'll discover that you got lucky and found a professional company the first try.