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26 December 2024 | 13 replies
Document every communication in writing!
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26 December 2024 | 9 replies
Fellow STR owner/manager from TX.I do think there is value in having some pre guest documentation in the event that you have a guest come in and make false claims about cleanliness, etc.
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1 February 2025 | 56 replies
Instructing or deliberately causing a borrower to sign business-purpose loan documents when you know the money will be used for consumer purposes has always carried civil liabilities.
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31 December 2024 | 57 replies
Document, document that you’ve tried to fix the problem if you can’t get the technician in tomorrow.
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17 January 2025 | 40 replies
That document they provided, with all the colored font, was a mess to wade through.
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29 January 2025 | 107 replies
This is the renovation criteria I use in order to make sure the place is clean, safe and actually ready to rent. https://docs.google.com/document/d/1MreMNvXxPZy7AaqMGMFPVunQ...
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19 January 2025 | 46 replies
Here are all my notes on investing in properties out-of-state, which is also the same as international to the United States.My notes are from David Greene's book, Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rentals. https://docs.google.com/document/d/1blQFIKSls6JDHdl7srVMhXd8...For personal experience on flipping remotely, I wouldn't be the best person to speak on this.
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13 January 2025 | 12 replies
Sometimes you get lucky.You could even bring up the subject of seller financing (search online for ideas of how to structure a seller financed offer), and make sure a competent real estate attorney helps write the offer documents (if it gets that far).
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30 December 2024 | 5 replies
I don't think anything anyone offers is "evidence" in court because you would be backing up your claims with documentation such as the lease, or quotes for work or material prices.
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7 January 2025 | 20 replies
Or you can sell it, split the equity, and go separate ways.I'm not a fan of borrowing from family/friends unless all parties are honest and everything is documented in a written contract.