
3 September 2019 | 22 replies
And, if these actions are a violation of state tort laws (like maybe extortion or harassment) the owner(s) could be awarded punitive damages, if it goes to court.You don't have to put up with that.

18 January 2022 | 10 replies
My quick thought would be they'd probably want 40% of the equity gain or something like that, with some minimum payout.My thought is if you have big assets, but no or low income is find a lender who will allow you to do non-traditional financing, like use restricted stock awards or restricted equity as collateral for the loan if that's the position you're in.

22 January 2022 | 20 replies
If someone sues you successfully and the court awards the person $2Million in damages, everything you own is gone and you will pay your paycheck to that person until the full sum of $2 MIllion is covered.Alternative: You create an LLC structure with a mother and two children (maybe more children as you keep adding investment properties), and a person who feels you did them wrong with or in one of your rental properties sues you.

6 November 2022 | 2 replies
Jaclyn, We did go to small claims and were awarded the maximum amount.
23 May 2022 | 6 replies
My W2 income (for loan qualification purposes) will significantly increase in July (due to stock awards), thus potentially opening more doors to other products/strategies.
23 May 2022 | 11 replies
Some background:For the purchase loan, we had to get a no-ratio program, 30 yr fixed interest only, 1% discount rate, with a 1 year prepayment penalty for this property as it was way under rented.My W2 income (for loan qualification purposes) will significantly increase in July (due to stock awards), thus potentially opening more doors to other products/strategies.I believe it will be worth paying the 2.5% (~$15,750) prepayment penalty to get the cash out in year one, but open to thoughts on this.Thanks in advance for your help!!

25 May 2022 | 1 reply
You may have to go to an actual court to force any award payment.

10 June 2022 | 3 replies
Typically you'll file for a judgement, they'll serve papers to the tenant, a court date will be set, and you'll be awarded the judgement if you win.

31 May 2022 | 8 replies
Attend the events, teach a class, etc) While the ICON agent award was one of the top reasons I joined eXp, people have to realize they aren't just handing you back your 16k cap in cash the day you hit ICON.

4 June 2022 | 45 replies
I came home and switched my treats from being fresh flowers from the super market and reasonably expensive store bought chocolates to being freshly roasted coffee beans from a local coffee shop down the street and homemade ice cream from a local award winning ice cream shop up the street or freshly baked croissant from the French bakery around the corner.