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14 December 2024 | 12 replies
We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.
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16 December 2024 | 1 reply
Turns out, those special rules for 1031 exchanges in Oregon.. things like navigating tenant protections and timing constraints.. aren’t exactly set up to make your life easier.
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12 December 2024 | 5 replies
Buying a rental property through an LLC can offer liability protection and may make it easier to separate personal and business finances.
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9 December 2024 | 1 reply
According to dictionary.com, cybersecurity is defined as:1. precautions taken to guard against crime that involves the internet, especially unauthorized access to computer systems and data connected to the internet.2. the state of being protected against such crime.It is a very generic definition, but it's not too far from the truth.
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11 December 2024 | 6 replies
- Pet Policies and Agreements: What are the best practices for creating pet policies and agreements to protect my property?
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18 December 2024 | 15 replies
This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.
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13 December 2024 | 2 replies
Benefits for Real Estate InvestorsLeverage for Growth: Use business credit to fund renovations, marketing, or even bridge financing, which keeps your personal capital available for other investments.Personal Credit Protection: Business credit utilization doesn’t appear on your personal credit report, avoiding hits to your personal score from high balances.Larger Loan Opportunities: Over time, established business credit unlocks higher limits and better terms for larger investments.Potential Challenges and TipsSlow Start: Building business credit takes time.
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29 December 2024 | 253 replies
I think this gives me good asset protection and allows me to take advantage of leverage.
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10 December 2024 | 7 replies
@Chris Johansen There’s a few action items you should take care of to protect yourself from construction related liability.1.The Builder should maintain commercial general liability and professional liability insurance 2.
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31 December 2024 | 418 replies
Do not mix money and expenses, or it won't protect you from lawsuits as intended.