Tisa Grimes
LLC Real estate
28 November 2024 | 1 reply
If you are looking for loans on real estate or a business lenders don’t necessarily care about the credit history of the LLC - they care about the performance of the asset and your creditworthiness since you will most likely have to sign personally.I have established multiple LLCs just days before closing on large loans for different assets, those particular entities barely existed and the banks did not care.If you are talking about pulling a business line of credit (like a HELOC, but against your business equity) then the banks like to see some history of revenue.
Tim Callahan
In Maine, can I use a tenant's security deposit to cover legal fees for an eviction?
26 November 2024 | 4 replies
For as much as attorney's charge, they should be able to answer this question.The deposit can be used for cleaning, repairs, and unpaid charges.
Sarah Rosko
Handling Delayed Move-In Complaints
22 November 2024 | 12 replies
It might help to give context to their complaints so we could decide if they should have known that.Most MTR guests won't have many complaints if the place is set up correctly and cleaned, so I always expect to handle anything they want, within reason and even a little beyond.
Jackie Liu
Sewer Utility billing question
25 November 2024 | 9 replies
Unless otherwise stated in this Agreement, Tenant shall establish their own utility accounts, effective no later than the lease start date, pay all utility charges, and maintain accounts in good standing.
Kyle Collins
First time out of state investor, looking in the Alabama market
22 November 2024 | 5 replies
the market is unforgiving right now, and if you buy a random property by looking on Zillow and turn it over to people you don't know to manage, you'll lose money.with respect to your specific question, if the property is safe, clean, and priced correctly, it will rent. but that doesn't mean you'll make money on it.
Ilija Sladojevic
JV and sharing my properties that are under contract with someone else.
19 November 2024 | 5 replies
So, I’ve developed a list of what financial intermediaries SHOULD and SHOULD NOT do in order to establish a viable, sustainable intermediary business1.
Mayleen Ortiz
Mom of 2 on a Real Estate Investment Journey
19 November 2024 | 3 replies
I am currently looking to establish short & long term financing, and looking to forge relationships with contractors in the Columbus, Ga.
Lewis Kerwin
Does this SFH warrant full interior repainting? And if so, is $3000 reasonable?
26 November 2024 | 9 replies
There's not enough evidence to tell me which way I would go.The pictures indicate that the last tenant didn't clean.
Julio Gonzalez
11 ways to lower taxes when selling your property
17 November 2024 | 1 reply
Establish a Charitable Remainder Trust (CRT): By placing the property into a CRT, you can receive a charitable deduction, defer capital gains taxes, and receive income from the trust.
Eduardo Sandoval Ramirez
Wholesaling as a non U.S. citizen
15 November 2024 | 6 replies
It will also establish legetimacy.... wholesaling is a sketchy business hence anything you can do to increase your credibility will only help your chances at success.