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5 June 2024 | 3 replies
The phila.gov website says this:InsuranceYou must provide a Certificate of Insurance that includes the minimum amount:General Liability Insurance: $1,000,000 per occurrence
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3 June 2024 | 4 replies
Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
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5 June 2024 | 9 replies
You don't remove it from your credit report, you lender will just not count that debt against you once you provide 12 months of statements showing it is paid by the business.
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3 June 2024 | 62 replies
Providing funding is great but if you can't find a property it is useless.
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3 June 2024 | 4 replies
Generally, if you are out of a job, buying anything is not a good idea until you have that secured so you aren't burning income into a fire.
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5 June 2024 | 0 replies
I have considered creating my own Property Management LLC to do the work above and hiring my dad as an employee, however, I was told this would provide no benefit in terms of liability and it would just add costs and more taxes.I would appreciate your feedback.
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3 June 2024 | 2 replies
Jamari's local market knowledge was crucial in securing the property for $165,000.
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4 June 2024 | 1 reply
No one thought of this as “wholesaling”, or thought of it as a stand alone business, or thought to provide seminars or mentorship’s on the process.
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5 June 2024 | 2 replies
You also haven't provided any numbers about ROI or cashflow - how good are these properties performing?
1 June 2024 | 4 replies
A settlement statement was not provided or signed during the closing, and the fees disclosed had changed.