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9 January 2025 | 18 replies
One if you do not register your company as a foreign company you usually cannot file an answer in court if you are sued.
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13 January 2025 | 7 replies
We usually have 2-5 properties a year that we buy or sale.
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22 January 2025 | 16 replies
Hey, I went down my usual list (all local credit unions) that had the best rates 6 months ago, this one was the best one that I used for my last mortgage.
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15 January 2025 | 9 replies
Outside of real estate, I’m a huge sports fan, so you can usually find me glued to almost every game on the weekends.My interest in real estate began as I explored different ways to generate passive income, which ultimately led me to the BiggerPockets community.
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27 January 2025 | 18 replies
Usually its because there is a lot of debt risk. when interest rates went up a year or so ago I lost over 300k in sydication projects I was a part of because I didn't understand this concept.
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4 February 2025 | 10 replies
Lol.They have decent deals from time to time, but they are usually volume based, not in tune with market, and more motivated to push a sale than to really see if a deal is good or not.
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10 January 2025 | 13 replies
It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.
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11 January 2025 | 10 replies
It's not quite as easy as renting out two sides of a duplex, but with the right marketing and management you could rent out the extra unit to supplement the mortgage payment.
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29 January 2025 | 18 replies
So adding this to my prospecting plan may provide reach to do deals that I may not have had before simply circling the usual watering holes.
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12 January 2025 | 23 replies
Here's an example why:- One of our people made a mistake last year, and entered an expense of $1500 instead of $150 - they accidently typed an extra "0". - Fortunately, our transparent systems allowed the owner to catch it:)- Full transparency - we would have never caught this honest mistake:(An owner also needs to be involved to approve & fund large expenses: maintenance, property tax & insurance payments (if they want to be more hands off), evictions, etc.A great PMC should also have a chat with you annually about your future plans for a property and your portfolio.