Jodi Marsh
Furnish Finder customer service won't call me or pick up?
7 March 2023 | 11 replies
To preface what I am about to say, I know the founders and owners of furnished finders and all of their subsidiary companies.
Jeff Hassler
UK to USA. How can I find financing with no credit rating in USA
12 August 2020 | 11 replies
If you're looking to buy a single family residence (don't call it an investment), you can always open an account with TD/RBC/BMO's US subsidiaries and they can leverage your Canadian credit history.
Nathan Faselt
Do Property Management Companies Charge Fees on Property Bills?
21 February 2023 | 5 replies
>Tenant Procurement/Placement – could be percent of monthly rent or a flat feePictures, 3D Tours, etcAdvertising prep and determining market rentProperty advertisingAnswering inquiries (phone/text/emails/etc)Scheduling showingsShowingsApplication processingLease signings and MoveInsFollowing up on all of the above, hopefully consistently updating owners>Maintenance ChargesCommon: owner agrees in contract that PMC can perform work without owner approval up to a certain threshold (Example $500) or in an emergency.Questionable: owner doesn’t find out about charges below threshold until they get their monthly statement.Hourly – PMC bills at hourly rate depending on type of ServiceTech sentEXAMPLE: Owner billed at $65/hour for handyman workMarkup is hidden in that rate as highly unlikely PMC is paying their handyman the whole $65/hour.PMC or a subsidiary billing – PMC submits bill from their companyEXAMPLE: Owner receives a bill for licensed HVAC work on PMC form.Owner does not get the licensed mechanical contractor bill, so has no idea of PMC hidden markupTransparent – original bills from all contractors sent to owner, PMC charges a pre-approved markup for their time to handle.EXAMPLE: Owner receives a bill for licensed HVAC work on contractor’s form.Only challenge is some PMC’s get illegal kickbacks from contractors owners don’t seeThere are then many different IF -> THEN fees to cover evictions, emergencies, filing insurance claims, etc.WARNING: never assume you won’t be charged for something unless it states so in the management contract!
Andrew Camberos
How should I get my Business credit
22 February 2023 | 1 reply
If I’m starting a holding company to hold other llc and different subsidiaries for fix and flips or rentals, should I get business credit cards under the holding company name or under say my Arizona subsidiary?
Ryan Alexander
Best Way to Do an LLC Partnership
4 March 2021 | 7 replies
It will just cost your more money with more paperwork to deal with.Our partnership LLC is the "parent" LLC and when we purchase properties, we establish a "subsidiary" LLC owned by the parent LLC.
Mike Jones
Landlord Policy for subsidiary LLC
2 May 2020 | 1 reply
How to obtain a Landlord policy for a subsidiary LLC owned by a Holding LLC??
Mark Benevento
When to create llc!?
5 November 2017 | 2 replies
Depending on the size of your business, you may want to setup a parent LLC and various subsidiary LLC’s to further isolate your risks within your business.
A.R Shakir
FAMILY DOLLAR good or bad investment
13 April 2023 | 27 replies
They are a subsidiary of Dollar Tree now and high credit.
Benjamin Knisely
How To Buy Real Estate With A Partner?
29 November 2021 | 2 replies
You can go further and have the parent LLC own subsidiary LLCs which hold the properties, etc.
JD Ball
Mr. Cooper REO/Xome with Tenants who can buy)
21 April 2023 | 2 replies
Could it be the Mr Cooper Group internal gravy train to their Xome subsidiary so they get the broker fee?