
6 March 2025 | 4 replies
Following this discovery, he promptly contacted his attorney to dissolve the LLC.Additional Questionable Entities:Dogwood Capital InvestmentsM&M Capital Finance LLCKey Takeaways:Conduct Thorough Research: Always verify a company's registration with state and local authorities.Scrutinize Documentation: Examine identification and corporate documents closely for inconsistencies.Verify Contact Information: Ensure that all provided phone numbers and addresses are legitimate and connected to the entity.Be Cautious with Payment: Avoid wiring funds without extensive verification of the recipient's identity and legitimacy.While the majority of direct and private lenders operate ethically, even a single fraudulent interaction can damage your reputation and finances.

26 February 2025 | 13 replies
Management & Leasing FeesManagement Fee: 10% of the monthly rent = $180/monthLeasing Fee (Tenant Placement): 60% of one month’s rent = $1,080 (one-time)Lease Renewal Fee: $250 per lease renewalUpfront & Annual FeesOnboarding Fee: $350 (one-time for setting up the property)Annual Administrative Fee: $45 per year (for statements and 1099s)Reserve Fund Requirement: $300 (held for maintenance and expenses)Maintenance & RepairsOrdinary Maintenance: Any repair costs exceeding $300 require owner approval.Emergency Repairs: Up to $300 without prior approval; HVAC, plumbing, and electrical repairs can go up to $500 without approval.Home Warranty Claim Handling: $40 per claim (if applicable).Multiple Quotes Request Fee: $100 per request if you require multiple vendor quotes.HVAC Filter Supply Fee: $195 per year per HVAC unit.Repairs & Improvements: 10% markup over vendor invoice cost.Additional FeesInterest on Unpaid Sums: 10% late fee with a $39 minimum per month.Paper Check Administrative Fee: $20 per check if not using direct deposit.Insurance Documentation Penalty: $40 per month if proof of insurance is not provided.Eviction Protection Program (Optional): $15/monthProperty Damage Protection Program (Optional): $25/monthTermination FeesEarly Termination Fee: Equal to the management fees for the remaining lease term.Vacant Property Termination Fee: $500 if no tenant is in place.Transfer to Another Manager: $500 file transfer fee.

26 February 2025 | 1 reply
Property needed some TLC as it had some termite damage and active infestation at time of move in, got quotes from contractors to replace some studs but all quotes came in too high so ended up doing most of the work on the home myself which meant the home sat vacant until January 2025 at which point i placed on rental sites but still waiting for vacancy to be filled.

31 January 2025 | 4 replies
There are a ton of complexities with properly repairing a fire damaged house....they sell really cheap for a reason.

12 March 2025 | 11 replies
If a house is damage 50% or more to the appraised value in most cases the owner is forced to elevate the structure.

10 March 2025 | 17 replies
However, I have the time to manage guest relations and I have a good cleaning crew that I trust to take care of the cleaning and damage control and I have handymen and contractors readily available.

28 February 2025 | 5 replies
The damage was absolutely insane—it ended up being a complete gut job.

11 March 2025 | 7 replies
I offered the tenants an opportunity to establish a payment plan in lieu of an eviction and judgment if they leave at the end of the month without causing damage.

3 March 2025 | 4 replies
Neither defacing, damaging, nor drilling holes in the walls, woodwork, or any part of the Premises.

6 March 2025 | 5 replies
Your intent in posting it was to damage my reputation and cast a negative light on me, personally.Eric, never once in 7 years of working together did you complain to me about my work.