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10 February 2025 | 29 replies
The group now has 30 members with discussion around negligence, mishandling of funds, fraud, and residual damages.On 6/26 my attorney sent a demand letter to Jeff Swiecicki requesting immediate payment of the balance owed.As of 6/30 Jeff Swiecicki has refused to pay back rightfully owed funds and refers us back to his 6/4 email to wait 90 days.
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23 January 2025 | 7 replies
LTC is sometimes referred to initial funding.
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20 January 2025 | 14 replies
Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.
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1 February 2025 | 14 replies
By insurability I'm referring to the problem created for title insurers evaluating what has transpired and whether they will issue a policy on the next transaction.
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5 February 2025 | 29 replies
Quote from @Shiloh Lundahl: @Chris Clothier Here is a competitive analysis of the differenced between the turnkey option and the lease option partnership that I referred to on the other post.
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18 January 2025 | 4 replies
The term curb appeal is simply referring to the home's exterior being appealing, which doesn't have anything to do with plants or pots or items directly.
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16 January 2025 | 2 replies
It seems like PSI has grown, a couple landscape companies that way either sold or partnered with PSI because these landscape companies no longer do snow removal and refer people to PSI.
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16 February 2025 | 27 replies
@Tom S.1) Under the IRS multiple loan rules there is a 12 month look back period (see reference to 12 months in the IRS post) whereby the highest outstanding balance of any loan during the prior 12 months will be considered outstanding for purposes of calculating how much you can take on a subsequent loan.
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18 January 2025 | 4 replies
@Dwight HenningRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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20 January 2025 | 17 replies
I'm assuming you're referring to investors that provide all of the funds for your flips?