21 November 2024 | 24 replies
Somehow, a quitclaim was made from the sole heir just 5 days before the tax sale - and recorded in the deed book the day after the tax sale.
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17 November 2024 | 0 replies
It’s essential to consider factors like payment plans, projected infrastructure developments, and the track record of the developer to make informed decisions.The most successful investors are those who carefully analyse the potential of each project rather than being swept away by the allure of glossy marketing.
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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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18 November 2024 | 14 replies
Of course the co-signer should be significantly stronger in ALL areas as compared to the applicant...usually this is a parent or relative, and they should be well established, with ownership of real estate for years; long and stable employment; no, or very distant, criminal and traffic court records; well funded SAVINGS/IRA's or stock market accounts.
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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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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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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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17 November 2024 | 0 replies
.📝 Pro Tip: Keep receipts & records to back up your claims.
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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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.