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13 November 2024 | 4 replies
Even if the tenant can’t pay, it sets the expectation and documents the issue.Small Claims Court: If the tenant refuses to pay, you could take them to small claims court, where you can seek repayment without needing a lawyer.Security Deposit: If the tenant has a deposit, apply it toward the damages.Consider Eviction: Given the arrears and damage, eviction might be a last resort to prevent future losses.Talk with your property manager to create a plan that minimizes further risk.
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13 November 2024 | 8 replies
This will prevent you from getting taken advantage of and it will help you manage your rehab budget better.
13 November 2024 | 2 replies
Add the Trust as additionally insured on the new policy.The complication is that the seller no longer holds any interest in the Trust, LLCs, Deed, or Settlement Statement, which my broker says prevents them from being added to the new policy.
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12 November 2024 | 5 replies
Proper setup from the start can prevent major issues and ensure you're profiting from the start!
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17 November 2024 | 32 replies
Yes 2% and most of those are NOT reoffenders it is a simple thing of being a day late to reregister (and yes they will send you back if you are a day late) The whole registration thing has NEVER prevented a sex crime from happening.
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13 November 2024 | 3 replies
For future installs is there anything that can be done to prevent this?
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12 November 2024 | 2 replies
He has asked;"Provide protection around water heater or furnace to prevent children from making contact with theseappliances."
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13 November 2024 | 15 replies
However, such a provision doesn't actually prevent that additional/junior lien from attaching to the property, leaving the 1st lien lender stuck with the issues @Chris Seveney mentioned.
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6 November 2024 | 0 replies
Hello, I believe this program is fairly new, so I don't know if anyone would, but do any MI investors have experience using the "Lead Poisoning Prevention Fund" through an organization Michigan Saves?
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11 November 2024 | 12 replies
What prevents you from doing the same for real estate property taxes?