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22 February 2025 | 13 replies
This document is signed by the contractor, subcontractor, or supplier after they have been paid in full, and it legally waives their right to file a mechanic’s lien against your property for the completed work.There are two main types of lien waivers:Conditional Lien Waiver – Becomes effective only when payment clears (use this if you’re issuing a check or waiting for a transaction to process).Unconditional Lien Waiver – Takes effect immediately upon signing, meaning the contractor cannot later claim unpaid amounts and file a lien (use this only when you’re certain payment has been fully made).To protect yourself, always require a signed and notarized unconditional lien waiver after making final payment.
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17 February 2025 | 11 replies
I will still sign up for it as it seems to be one of the main sites dedicated to traveling professionals.
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3 February 2025 | 32 replies
Quote from @Nick Henry: Hi there - I am starting out in real estate investing and am trying to build a portfolio of rentals that can produce enough cash flow for me to eventually leave my job and make real estate my main job.
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1 February 2025 | 51 replies
If you convert a main home to a rental, you do not get the full $500k exclusion.
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27 January 2025 | 6 replies
Omni Key sells mainly single family with some duplexes, and advertises off market deals on new construction and in fill properties.
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5 February 2025 | 11 replies
Shut off the main to the building and check the meter to see if its running , if so you have an underground leak .
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11 February 2025 | 31 replies
We all don't care how much Apple profits on our iPhone... what really matters is the product or value we get or in this terms the ROI on our principal.The fees can be broken down in the three main fees (so you might have to combine some of the above fees under one of the categories below):Acquisition fee (paid % of the asset price) - normally 1-3%Asset management (paid % of the income the asset produces) - normally 1-3%Distribution or exit fee (paid % of the sold asset price) - normally 1-3%Development fees (this is present in development deals) - exampleNOTE: Just because these fees are high or the split structure has too much going to the GP does not disqualify it.
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19 February 2025 | 26 replies
@Dave Meyer had an interesting episode on the BiggerPockets Real Estate Podcast about 3 main resources when it comes to investments: cash, time, and experience.
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3 February 2025 | 24 replies
My work is mainly with investors and I co- host a women's investing in Allentown group.
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7 February 2025 | 11 replies
As long as the property cash flows, that's what is mainly needed.