6 August 2024 | 2 replies
Unfortunately, some Board members are creating friction and preventing the process from starting.
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5 August 2024 | 4 replies
With baseball, you start making money once you reach the big leagues, in the minor leagues, every player's salary ranges from 34k to 39k.
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5 August 2024 | 9 replies
I have yet to have a BP poster explain to me why a Wyoming LLC as opposed to an LLC in the state where the property is located will prevent a plaintiffs attorney from filing a claim against the whomever is listed on title when a premises liability issue arises amongst other common real estate investor/landlord claims.
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5 August 2024 | 9 replies
Howdy Folks,I want to create options for my sellers moving forward to help ease them into the possibility of providing private seller financing for buyers.I have come up with a list of 3rd party loan servicing businesses, but I also want to provide a software option where the seller can more directly manage the loan.First, let me share the list of 3rd party servicers (please let me know if an awesome player in this space is omitted):Evergreen Note Servicing | Note Servicing Made SimpleFCI Loan Servicing - Loan Servicing Programs for Lenders of any size.Loan Servicing - Weststar MortgageNoteSmith HomeMortgage & Note Servicing - Note Servicing CenterWelcome to Statebridge - Statebridge CompanyLogin - AlliedServicing CorporationI really have not found any good software solutions that would fit well with a seller who may have just one private loan to manage.
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7 August 2024 | 17 replies
One year also helps you maintain a schedule for inspections, rent increases, preventative maintenance, etc.If your lease doesn't have an early termination penalty, then the only thing you can do is start marketing and find a replacement tenant.
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9 August 2024 | 47 replies
If you want to get around this simply require ALL credit reports be given to you for the purpose of supervision of your agent to prevent discrimination against protected classes under the Fair Housing Act.I would not pay any lawyer a dime if they could not prove this appropriate business purpose.Does the person that wrote the following sentence practice out of form book?"
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4 August 2024 | 8 replies
For example in my area there are specific municipalities that have passed ordinances that prevent you from denying an applicant because they have a housing voucher (section 8).
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5 August 2024 | 9 replies
I got a quote from our insurance agent and Foremost Insurance will allow the policy owner to be the policy owner but the rates are double what we are currently paying.The question is this - to prevent the "piercing of the veil" of the LLC, does the insurance also have to be out of my personal name and in the LLC's?
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8 August 2024 | 22 replies
Neda AzizisefatNeda and her brother have a history of these sort of actions as well.She's one of the main players, but stays silent in dialogue.Sending this message to make sure her name is recorded in here as well.
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5 August 2024 | 13 replies
If the numbers make sense and won't prevent you from buying your own home in a few years, then go for it.