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11 September 2024 | 6 replies
The people advising to put properties into LLCs and not the loan, and add additionally insured to their policies have no idea what they're doing.The fact is everyone doing this in an attempt to limit their liability, is actually doing the opposite and greatly increasing their liability.
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11 September 2024 | 69 replies
YUP self serving underhanded subliminal marketing attempt dove tailing off he new crop of U tubers trying to convince investors that section 8 is a money train and the tenants are just so happy to have the voucher there is NOTHING they would ever do to lose it etc etc.In Jackson specifically they can trash the house and sec 8 WILL not take their voucher they just go on to the next landlord that just rehabbed a house and wants section 8 rent because market rate tenants in that city are some of the absolute worse payers in all the 25 markets I have worked over the last 22 years in the mid west and rust belt states and cities.
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10 September 2024 | 28 replies
@Rick Bevilacqua - you conduct a judgment search to attempt to discover those sorts of things.
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11 September 2024 | 13 replies
This is their 3rd attempt in recent years.
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9 September 2024 | 23 replies
I explain they will have difficulty Renting a quality unit, that I will ding their credit, that I will attempt to garnish their future income to recover what they owe.
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11 September 2024 | 17 replies
I’m attempting mediation first then I’ll see what happens.
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9 September 2024 | 14 replies
They also make those moisture meters, that I have had roofers use in my attics to attempt to trace back sources.As noted, in my market, if you have active leaks that you are aware of, they need to be disclosed when selling a property.
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12 September 2024 | 28 replies
We are on track on attempting to do the same thing the first quarter of next year.
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10 September 2024 | 21 replies
I made offers to BRRRR and an attempted flip in Indianapolis - decided it was too difficult so bought move-in ready (which really wasn't after the inspections).
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7 September 2024 | 12 replies
You can attempt to raise from a 506c but it will cost you $25k to get started, then if you did get your first $100k and you are paying them 10% and you are making 12%, - great you just made $2,000 and that is assuming you were able to fund an entire deal immediately and have zero holding or carrying costs.