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19 January 2025 | 41 replies
When its included in a lease for real estate then the laws pertaining to residential rental security deposits in your state apply but when its separate you should have more leeway to get some additional deposit to protect you.
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14 January 2025 | 4 replies
👏Regarding subcontractor contracts, it’s essential to have a well-thought-out document to ensure clarity and protect all parties involved.
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18 January 2025 | 11 replies
A professional property manager should handle the heavy lifting, ensuring your investment is protected and profitable without adding stress to your plate.
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5 February 2025 | 13 replies
Hey Steven - An LLC is a solid choice for structuring your partnership since it offers liability protection and keeps things clean when splitting ownership and profits.
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27 January 2025 | 56 replies
Not sure I would invest in places without such protections as I see this on BP in a lot of places (i.e.
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9 January 2025 | 18 replies
The bottom line is this: Concealment is not asset protection, proper (time consuming and expensive, I know) management, and good, prudent, practices (ditto), WHICH ARE ADHERED TO, and insurance (expensive), are needed for asset protection.
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12 February 2025 | 19 replies
In order to better protect everyone in the transaction - I have a real estate license too- so I am held to a higher standard by the state.
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12 February 2025 | 9 replies
Man-Made Elevation: FEMA accounts for both natural elevation and protective features (like levees) in its calculations.Do You Still Need an Elevation Certificate?
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16 January 2025 | 10 replies
As for the property structure, using an LLC offers liability protection, while a land trust provides privacy.
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16 January 2025 | 23 replies
It can be done ethically, but you need safeguards to confirm mortgage & possibly property tax payments made on-time, as well as insurance with you protected.- Also, you need a legal way to take back the deed if buyer defaults!