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3 October 2013 | 17 replies
Justin Joseph , Mark H. makes very valid observations.
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19 August 2012 | 5 replies
I do think the buisness of construction and holding property is different enough to validate another company, as I did.Might speak to an accountant to as to consolidating your earnings and having the construction comapny perform work, you may have issues if either are not making money, but it can be an advantage with multiple entities
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22 August 2012 | 12 replies
I was just told that same formula by a realtor, must have some validity Jermon Clayborn
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17 August 2016 | 22 replies
most good turnkey providers have some sort of rehab warranty or rent guarantee built in to the additional costs of buying turnkey..
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2 September 2012 | 3 replies
Most municipality landlord licenses are valid for two years regardless of the number of times you turnover the unit to tenants.Typically the landlord inspection is less burdensome than obtaining a C of O because only one inspector is needed and they are mainly focused on safety and welfare issues, i.e. smoke detectors are working, no peeling paint, grounded electrical system if 3-prong plugs are present, furnace has been inspected by a licensed contractor etc.
5 September 2012 | 2 replies
Hello David,not all properties and houses have a QC deed some have warranty deeds.Here on BP are more topics for this site.
25 January 2014 | 1 reply
Generally, to be eligible for an FHA loan, you must have a valid social security number and have lawful residency in the United States and be of a legal age to sign on a mortgage in your state.
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9 September 2012 | 28 replies
Regardless of what you do many people will be sued in their lifetime for something whether it is valid or not.The best thing to do is be pro-active.Have a plan and run operations in a way that slant things in your favor if a case happens.When someone sues they tend to make many mistakes before it gets to court.Even if they have a valid or partially valid claim you can leverage their mistakes to weaken their position for a settlement before it goes to a judge.Money isn't the only thing lost in a suit.It's everyone's time to deal with it and money lost from not just the claim but focusing on money making activities as well.When an attorney sees an LLC or a corp versus an individual many will not take pro bono unless they have a slam dunk case.It will be more of a challenge with the extra layer of asset protection if you run it properly.You can create a master llc and then have a sub llc for each property etc.
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10 September 2012 | 5 replies
The only ordinances that are valid are square footage based."
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13 September 2012 | 28 replies
It's a cash-only sale with no right of inspection, and no warranty.