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23 May 2024 | 9 replies
DSCR doesn't offer any liability or anonymity protection, other than the fact the loan note itself is a form of asset protection (because there is usually little to none equity in the property to take from the owner).Here are some graphical helpers to assist in the quest of answers on this subject:Asset Protection Decision Diagram - to help assess the need for asset protection, and what to implement : https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-decision-diagramAsset Protection Onion Diagram - what, when and at what cost one should implement in terms of asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2What is needed for complete asset protection OR the domains that need to be intersected to find asset protection
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23 May 2024 | 7 replies
With rents falling in many areas, and with the cost to buy going up in relation to higher interest rates, this strategy is becoming harder and harder to implement.
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22 May 2024 | 1 reply
Following up on that, I am sharing a few more strategies that we can follow in conjunction with the ones you have listed: Proactive Asset Management: Implement proactive asset management strategies to maintain property value and tenant satisfaction.
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21 May 2024 | 10 replies
You would really need to stick the landing if this risky tactic were to be implemented.
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20 May 2024 | 6 replies
Not sure if that worked or not, so then they tried to implement super strict rental regulations.
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21 May 2024 | 30 replies
I'd love to know of a system I can implement to teach them
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21 May 2024 | 16 replies
The last policy they implemented before we cut ties with them was they started asking for a formal estimate for EVERY repair.
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19 May 2024 | 2 replies
As someone who has a tendency to spend excessively and live paycheck to paycheck, the lockdown measures implemented during the pandemic unexpectedly helped me stabilize my financial situation.
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19 May 2024 | 0 replies
hello all, I am trying to purchase a 2nd property and have a couple of strategies I can implement but i am truly at a crossroads .
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19 May 2024 | 5 replies
Let me know if you have any advice, S.O.Ps that I should have or books/resources I should devour or implement.