Nathan Williams
LLC as Additional Insured - Does this pierce the veil?
22 June 2021 | 5 replies
The named insured should be the LLC, with you as an additional insured.I don't believe that by itself it would create any company veil piercing, but I am sure that if attacked, that would be one of the factor used to attempt to prove the alter ego.I would be more concerned however that your insurance may refuse any coverage in case of catastrophic claim as they would raise that you did not disclose the proper ownership of the property and its associated risk, and as such defrauded them.I had no issue with my different insurances to change the named insured to the LLC without having to cancel the policy.
Corey Robinson
Andrew Holmes 2-5-7 Formula
18 December 2019 | 10 replies
Each property must have 25% equityMust have min or $ 350 to $ 400 in net cash flow after expenses with a loanUse the entire cash flow from all to pay off property 1 and then attack #2 so forth.
Eric Tironi
New investor joining the community from Grand Rapids, MI
14 November 2017 | 15 replies
So many angles to attack this thing, I love it!
Account Closed
Multifamily Courses - Brad Sumrok or Neal Bawa?
1 September 2021 | 51 replies
It’s a tranche of up sells with little or no value, that is my entire point, yet I’m being attacked for informing people to take caution and think twice for handing over any dollars for real estate education.
Account Closed
How necessary is Wifi in a cabin rental?
25 July 2019 | 27 replies
I am thinking of liability where someone has heart attack and they can't call out.
Lee McCarthy
Steps to start
19 February 2016 | 2 replies
This process is so big, with multiple facets, that what I need to a step by step plan of attack from day one.
Darrell Bazemore
Infinite Banking? Do or Don’t
19 November 2020 | 19 replies
One of the worlds top experts on infinite banking.I’ve done a regular whole life policy & it’s now aged & primed to borrow low rate policy loans against it.I’m not doing more personally as I got attacked with a $500k+ debt bomb a couple years ago that was not in my control right as we are facing a violent economic storm & dollar currency collapse.I recommend people move assets they don’t want to lose & grow into silver & crypto!
Nicole Pettis
Another Newbie from Milwaukee!!
15 August 2013 | 32 replies
Our rent is $1400 a month, so if we can afford that, then we could carry a low mortgage and a small flip & still have enough left over to attack our personal debt:)And yes, would love to get coffee sometime to talk about things(I live in Tosa) or I will message you, if I have any more questions or concerns about Ramsey.
Jonathan Bowen
Is anybody else tired of getting hit on by eXp Realty agents?
17 March 2021 | 124 replies
eXp is being attacked because other agents can't yet believe that eXp offers so much more than the other traditional Brokers- They'll all be coming aboard once they allow themselves to really understand our business model because once they do, they'll owe it to themselves, and their families to switch.
Account Closed
$1 Million In Rentals - How Much in Reserve?
29 January 2020 | 98 replies
Oh, he also attacked the sheriff during the eviction.