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12 January 2025 | 12 replies
You may also need to provide additional documentation, such as proof of income and employment, and may need to have a co-signer who is a U.S. citizen or permanent resident.In terms of buying with an LLC, it can be a good option for some foreign buyers, as it can provide additional liability protection and potentially offer tax benefits.
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14 January 2025 | 23 replies
There are thousands of pages on consumer protection laws and regulations that depending how you go about doing a subject to could be against these laws and regulations. so like most things - is itillegal - it depends.
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18 January 2025 | 8 replies
I've printed out a Notice to Quit and will post it on their door for legal protection.
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15 January 2025 | 15 replies
In the NE states, AKA tenant friendly states, I would always have a PM to help protect my interests.
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11 January 2025 | 20 replies
We go above and beyond when it comes to protection.. starting with insurance coverage, sings in the listing and in the property that there is no guard on duty (as silly as that sounds), putting extra locking device high enough so youngsters can't reach, an alarm/beep system to alert them that door opens for those with small children (or elderly) so they cannot wander out in the backyard with no one noticing and risk drowning.
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22 January 2025 | 12 replies
It’s worth researching to see if this might be a good fit for your situation.Lease Structure and Clauses: Work with an attorney to draft a lease with strong clauses for late fees, maintenance responsibilities, and other terms to protect your interests.Target Stable Tenant Profiles: While no tenant is risk-free, targeting tenant pools that historically have more stability (e.g., retirees, dual-income households, or tenants relocating for work) may reduce risk.Stay Up to Date on Landlord-Tenant Laws: Understanding your rights and obligations can help you navigate issues more effectively if they arise.That said, if the potential risks are keeping you up at night and the financial pressure of an eviction would be too much, selling may still be the best option for peace of mind.
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16 January 2025 | 12 replies
An emergency fund needs to be liquid, and immediately available to you in addition to being low risk and protecting principle.
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23 December 2024 | 9 replies
I've heard of where some coaches or courses weren't geared for newcomers and would like advice on a good land flipping coach that's not going to require to give them an arm and a leg but will really help me get started.
4 January 2025 | 5 replies
You certainly want to vet your property manager to ensure they are focused on balancing asset protection with tenant satisfaction.
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8 January 2025 | 27 replies
They are designed to protect the seller (I have disclosed this), but not to substitute an inspection by the buyer.Sellers can only disclose what they have knowledge of.