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17 March 2024 | 7 replies
Most of the cash out refinance lender require me to move the property from my LLC to my name for the refinance, is that a normal operating procedure or is it a taxation nightmare to move it back to the LLC after the Refi?
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17 March 2024 | 6 replies
The ones that are successful use these experiences to alter their process/procedures/systems to ensure they do not happen again.
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20 March 2024 | 193 replies
Regardless, you need to implement insurance and proper management procedures, regardless of how many assets and equity you have.
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16 March 2024 | 4 replies
Has anyone had an experiences when a tenant damage the interior property and left, what would be the right procedure to take, or its not worth it to deal with attorney fees?
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19 March 2024 | 46 replies
Regardless of the many systems and procedures we have in place at FlipSystem and MartelTurnkey, there is admittedly still inherent risk and unknowns to any type of real estate investing (at least the ones that have the potential to generate more than a couple % return a year like most of our successful students do).
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16 March 2024 | 36 replies
Plus for every 25 or 30 units you can hire an employee for the same cost as the property manager who will follow the policies and procedures that you trust because they made you successful.I'm a big believer in self managing.
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15 March 2024 | 1 reply
From what I understand so far is the steps below:1) The rules and procedures are exactly the same for all counties in IL as it is a state law and does not change from county to county.
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14 March 2024 | 18 replies
It states that they will release funds in accordance to their procedures that are in place at the current time.
14 March 2024 | 3 replies
Once you have systems in place and have developed standard operating procedures and a plan for management you will be fine.
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13 March 2024 | 14 replies
You're typically subject to by the rules and laws of that state, but it streamlines the administrative procedure.2.