Paul Z.
Buying self-managed rental properties during pandemic
14 August 2020 | 2 replies
If the tenant wants me to wear a mask, I do.
Baris Yuksel
City of Chicago Task Force Demands, 2 layers of drywall
20 June 2020 | 0 replies
(It is a 3 story building and this garden unit was legalized with the rehab permit & plans under which things are being done)Existing drywall appears to be half inch (so we are off by 1/8th of an inch) and it was never touched so I thought it can be left alone but now they want to cut it and check the thickness.Since they demanded that I tear down the entire ceiling to put 5/8" drywall per code, I suggested if I can keep the Half inch drywall and just add another layer of 5/8" inch which would make it much thicker then what they demanded.
Marcus Auerbach
Thank God I had an LLC!! - Said no one ever!?
19 January 2024 | 140 replies
But layering is the objective.
Matthew Terui
Tips on purchasing out-of-state NON-turnkey properties
12 April 2017 | 20 replies
(I'm not considering this the actual official inspection, just another layer of due diligence).I've received 2016 P&L from current PM.
Joe Kern
STR - Insurance & Liability Protection
12 January 2024 | 14 replies
@Joe KernInsurance and LLC provide LAYERS of protection, and actually would be doing differnt things for you.
Dennis Nemitz
I hear you loud and clear!
9 September 2013 | 1 reply
I thought about a thin layer of spray foam insulation, but am not sure.
Taylor Campbell
LLC or not to LLC
6 January 2024 | 12 replies
An LLC provides that extra layer of protection.
Matt W.
Questions to ask syndicators to prove they are not running a Ponzi scheme?
20 December 2023 | 11 replies
If a sponsor raises more money that what they needed, then they should return it as a return of capital, not masking it as cash flow.
Ryan Dossey
Tips for checking out a derelict property?
8 November 2014 | 13 replies
I will be taking a flashlight, gloves, drill, hammer, mask, and firearm.
Chris Mullinax
What is your biggest concern investing out of state?
22 May 2020 | 1 reply
We feel it adds a layer of trust.During the buying process we always advocate for a multi step decision making process with independent vendors, agent, PM company, home inspector, lawyer, lender, all need to sign off on a purchase.After trust the second most important piece is execution.