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8 February 2018 | 42 replies
Personally, I think you can make an argument either way, especially if you don't have many personal assets to protect should something go terribly wrong.That said, I err on the side of others who have responded already, and would recommend taking the plunge to set up the LLC.My brother will be purchasing his first rehab investment property next month, and my advice to him was to set up the LLC, meet briefly with an accountant and an attorney (just to have people to call in the case it's necessary) and apply for a business credit card and business bank account to ensure that he's segregating his money for better accountant and to support his future tax returns.
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21 November 2011 | 56 replies
Have you considered responding to a few posts at once instead of individual posts??
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29 January 2011 | 16 replies
I'll respond to someone by email, as they might be at work and can't call the moment they see the ad.
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25 April 2011 | 4 replies
I've personally never seen that before so I want to make an offer to see how the bank responds.
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25 October 2016 | 38 replies
But she wouldn't respond to meeting me or dropping the key off.
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15 January 2017 | 6 replies
This is what can be done in Illinois: Answer the telephone, take messages, and forward calls to a licenseeSubmit listings and changes to an MLSFollow up on a transaction after a contract has been signedAssemble documents for a closingSecure public information documents from a courthouse, sewer district, water district, or other repository of public informationHave keys made for a company listingDraft advertising and promotional materials for approval by a licenseePlace advertisingRecord and deposit earnest money, security deposits, and rentsComplete contract forms with business and factual information at the direction of and with approval by a licenseeMonitor licenses and personnel filesCompute commission checks and perform bookkeeping activitiesPlace signs on propertyOrder items of routine repair as directed by a licenseePrepare and distribute flyers and promotional information under the direction of and with approval by a licenseeAct as a courier to deliver documents, pick up keys, etc.Place routine telephone calls on late rent paymentsSchedule appointments for the licensee (does not include making phone calls, telemarketing, or performing other activities to solicit business on behalf of the licensee)Respond to questions by quoting from published informationSit at a property for a broker tour that is not open to the publicGather feedback on showingsPerform maintenance, engineering, operations, or other building trades work and answer questions about such workProvide securityProvide concierge services and other similar amenities to existing tenantsManage or supervise maintenance, engineering, operations, building trades, and securityPerform other administrative, clerical, and personal activities for which a license is not requiredIn Illinois, an unlicensed assistant may NOT perform the following tasks:Host open houses, kiosks, home show booths, or fairsShow propertyInterpret information on listings, titles, financing contracts, closings, or other information related to a real estate transactionExplain or interpret a contract, listing, lease agreement, or other real estate document with anyone outside the employing licensee’s firmNegotiate or agree to any commission, commission split, management fee, or referral fee on behalf of a licenseePerform any other activity for which a real estate license is required
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25 March 2019 | 19 replies
BTW, I was threatened with a tortious interference suit.....a group of scammers got hundreds of upside down south Florida owners to QCD their titles over to them, claiming they could void their mtg.s thru a QT action, misrepresenting the statutes involving mtg.s registered with MERS, of which I sent out about a hundred letters to the homeowners letting them know of the fraud.....I of course responded back to the scammers with an FU letter.
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31 October 2016 | 10 replies
I did respond right away apologizing for any inconvenience I caused her.
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24 May 2016 | 11 replies
I think it is a good idea to do it but some tenants wont respond.
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31 August 2016 | 17 replies
@Alvin Pereira - I apologize for not responding earlier, I've been fighting the flu.