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17 January 2025 | 6 replies
Utilities are OFTEN overlooked so reach out to power, telecom, gas (or go all electric), water, and sewer to make sure you understand what it would take to get separately metered services from the primary house.
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20 January 2025 | 12 replies
Whether you’re offering services, partnering on projects, or exploring your own investments, leverage your expertise to identify undervalued properties and add value.
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16 January 2025 | 7 replies
Quote from @Nadine Wallace: You can do simplisafe with/without Wi-Fi, but you will need cellular service.
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8 February 2025 | 22 replies
The other tenants would call the management company on Saturday to report the air conditioning failure and were told that a service person would fix the problem on Monday.
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3 February 2025 | 12 replies
If you are open to non-traditional methods of financing, you could use a debt service loan to bypass that requirement.
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31 January 2025 | 11 replies
I am not a tax professional trying to sell you my services I am simply providing my perspective.
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27 January 2025 | 18 replies
Under 100amp service - very difficult to insure.
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27 January 2025 | 7 replies
Here are some general guidelines: Lien Position1st Position LienEquityMinimum Down Payment of 20-25% (a 30% equity to sale price is preferred)Down Payment made in certified funds and not borrowedMaximum Funding of 70% ITV (Investment to Value)SeasoningMinimum of two monthly payments already made12 months or more preferredPayer CreditCredit Score of 650 or higherNo major derogatory trade lines (No 90-180+ days delinquent, foreclosure, repossession, bankruptcy, etc.)No decline in credit since purchase of businessTermsPrefer 60 months or lessMaximum of 72 monthsNo Balloon Payment preferredCash FlowBusiness has positive cash flow1.25 debt service coverage ratio preferred.DocumentationPersonal guarantee from a creditworthy individualStandard documents including Note, Security Agreement, and UCC-1 filing.Tax Returns on the business that substantiate profit and loss statements.OtherPayment history current and verifiablePayer Interview indicating buyer is satisfied with business and comfortable making paymentsMotivation for selling the note is not a result of a deteriorating businessConsideration of high risk businesses or geographic areasIn these situations, sometimes a partial is a better option.
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29 January 2025 | 12 replies
For forming an LLC in Wyoming, consider these registered agents:Northwest Registered Agent – Excellent service and pricing.IncFile – Competitive pricing and solid customer support.Wyoming Registered Agent – Specializes in Wyoming LLCs.Compare their pricing and reviews to find the best fit for you.
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14 January 2025 | 3 replies
And yes I would recommend my services :) Hey @Donald Hatter!