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28 November 2024 | 4 replies
This will be my first time managing a renovation out of state so I wanted to find people who have done this successfullyAny advice you have would be super appreciated, thank you!
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30 November 2024 | 0 replies
They often provide valuable advice on market trends, property valuations, and potential pitfalls in the investment process.
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5 December 2024 | 31 replies
Feel free to reach out if you need any advice.
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29 November 2024 | 10 replies
My 2 pieces of advice are: 1.call Proper insurance, they specialize in short term rental insurance, 2.
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1 December 2024 | 15 replies
You can certainly ask the agent who helped you purchase the property for advice too ;)Since you are using a PM to run things, I don't see any need to meet anyone except your PM and the contractor/handyman you plan on using for repairs/updates.
2 December 2024 | 17 replies
That's enough for a renovation, downpayment on another rental, etc.I'm sticking with my advice.
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20 November 2024 | 2 replies
Defaults and Remedies A default exists under this note if (1) Borrower defaults in the payment of this note or in the performance of any obligation in any instrument securing or collateral to this note; (2) (a) Borrower or (b) any other person liable on any part of this note (an "Other Obligated Party") fails to timely pay or perform any obligation or covenant in any written agreement between Lender and Borrower or any Other Obligated Party other than as described in (1) above; (3) any representation in this note or in any other written agreement between Lender and Borrower or any Other Obligated Party is materially false when made; (4) a receiver is appointed for Borrower or an Other Obligated Party or any property on which a lien or security interest is created as security (the "Collateral Security") for any part of this note; (5) any Collateral Security is assigned for the benefit of creditors; (6) a bankruptcy or insolvency proceeding is commenced by Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party; (7) (a) a bankruptcy or insolvency proceeding is commenced against Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party and (b) the proceeding continues without dismissal for sixty days, the party against whom the proceeding is commenced admits the material allegations of the petition against it, or an order for relief is entered; (8) Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party is terminated, begins to wind up its affairs, or is authorized to terminate or wind up its affairs by its governing body or persons, or any event occurs or condition exists that permits the termination or winding up of the affairs of Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party; or (9) any Collateral Security is impaired by loss, theft, damage, levy and execution, issuance of an official writ or order of seizure, or destruction, unless it is promptly replaced with collateral security of like kind and quality or restored to its former condition.
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30 November 2024 | 2 replies
Yesterday it was an investor who wanted advice on transferring his property from one LLC to another once the renovations were completed.
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9 December 2024 | 98 replies
Taking financial advice from people who have made a life of consistent bad financial decisions is never a good idea.
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2 December 2024 | 33 replies
Readers should seek professional advice.