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24 January 2025 | 17 replies
The buyer may pay off the remaining balance at any time without penalty.2.Late Payment Penalty: A late payment fee of 5% of the overdue amount will apply if payments are more than 10 days late.3.Loan Security: The property will serve as collateral for the seller-financed loan.Hey @C.S.
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15 January 2025 | 13 replies
This service is provided by several authorized 3rd party companies.2024 update: If you file more than 10 1099s, you MUST eFile them now.Here are some of the online 1099 filing companies, and you can easily find others:tax1099.comWageFiling.com1099online.comThese companies charge under $5 per form.
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12 February 2025 | 15 replies
@Bruce Yi, depending on your state's laws, request a higher security deposit to reduce/offset the risk.
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17 January 2025 | 3 replies
Encourages Larger Investments: By offering higher returns at higher tiers, you incentivize investors to allocate more capital to your projects.Builds Long-Term Relationships: Investors appreciate being rewarded for deeper commitments, which helps foster trust and repeat business.Scales with Your Business: This structure can align with the complexity or scale of your projects, ensuring that you have the resources you need while staying competitive in the market.Key Benefits to InvestorsSecurity: Deals can be secured by tangible assets, such as a deed of trust or promissory note, providing peace of mind.Flexibility: Payments can be structured to suit the investor’s needs—monthly, quarterly, or upon project completion.Attractive Returns: With returns starting at 15%, investors often see better yields than traditional investment vehicles, like stocks or mutual funds.How We’ve Implemented ThisThis structure works particularly well for our large renovation or development projects where multiple investors may be involved.
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17 January 2025 | 23 replies
There's usually a good reason why a company is cheaper or more expensive.
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7 February 2025 | 6 replies
I currently have a rental property and am looking at getting my real estate license and building a property management and property maintenance company to serve my investments and potentially others.
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11 February 2025 | 4 replies
But the real test of this company's character came with the most recent loan I tried to close with them.First, I thought the loan rate was locked, and it was not.
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1 February 2025 | 3 replies
A lot of management companies overcharge.
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11 February 2025 | 18 replies
Being a lender for 10 years, all is that we required from the title company and the lender is that a notarized close was to take place.
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5 February 2025 | 15 replies
Not likely.Maybe some of the tenant acquired their own washers and are using them for cleaning but your dryer for drying.Get a security camera and mount it in the area and post signs saying the same.