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14 November 2024 | 19 replies
I thought it would be extremely formal guys with briefcases and way over my head. i felt it rapidly grew my network, knowledge basis, and confidence that has propelled me to be successful in acquiring 300+ units over the last 4 years.
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21 November 2024 | 39 replies
Quote from @Nicole Koch: I think that most people looking for anonymity are basically trying to keep their name off public records so that if they own rental units some psycho cant just look up who owns the property, whats their FB, who is the wife/husband, kids etc..
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19 November 2024 | 12 replies
Clearly record the purpose and terms.LLC to Personal: Draw money as an owner’s distribution or repayment of a loan, ensuring it’s properly documented.➡️ Mixing personal and LLC funds without proper documentation could pierce the corporate veil, exposing personal assets to liabilities.
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17 November 2024 | 0 replies
.📝 Pro Tip: Keep receipts & records to back up your claims.
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20 November 2024 | 23 replies
Some landlords have requested cameras (they being responsible for setting those up if they want them) or already have cameras installed, but you want to make sure any prospective tenant is fully aware cameras are actively recording and it's clearly communicated to them.
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1 December 2024 | 134 replies
It sure is mate,What "killed" the fun for more is scale.10+ deals per month, 30+ in house staff.Different devisions like property management, rehabs, maintenance, brokerage, building tech, personal investments, etc...Came full circle mate.Less is more and not looking to break any records nowadays.Doubled revenue and profits first 5 years lolBecame a monster with 17 heads...I want to get old like you and Jay so health and life first now hahahaJokes and love you fella's
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16 November 2024 | 9 replies
Quote from @Dennis McNeely:Ask the judge - point blank and on the record during a court hearing - to take action.
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15 November 2024 | 4 replies
As long as there wasn't a lien recorded on the physical title itself then there wasn't an issue.
19 November 2024 | 15 replies
Majority of mold complaints are tenants panicking and/or trying to get free rent out of their landlord.If they do get an attorney involved, their attorney will send you a written notice, which will lay out the issues and often tell you to give the letter to your insurance company.Don't bother with this, but you can discuss with your agent.When you or your PMC (or both) receive a legal notice of a case started, that's when you want to get your insurance company involved.Recommend you keep a record of all your communications with your PMC about this issue.
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17 November 2024 | 5 replies
I am concerned that the closing statement would not record the actual price I am paying for the property.