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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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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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19 November 2024 | 26 replies
Check county auditor sites or Realist’s public records for this data.• Adverse Features: Do any of the comps have issues not considered in the appraisal, such as proximity to a high-traffic road, sewer plant, or power lines?
19 November 2024 | 10 replies
Just say something like "people with evictions on their record would not be accepted."
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20 November 2024 | 18 replies
The client retained the services of a well known attorney who has a great record of winning these types of cases.
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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.
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19 November 2024 | 9 replies
You would have ongoing filing requirements with the State and would need to keep business records and documentation.