15 July 2024 | 5 replies
Build your toolbox to success in this business.
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14 July 2024 | 6 replies
In OHio you aren't allowed to double dip and charge two tenants for the same dates.
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14 July 2024 | 6 replies
They can provide guidance on potential legal options and rights concerning the city’s demands and the lender.Negotiate with the City:Seek Extensions or Variances: Your friend can request an extension on the deadline to comply or apply for variances that might allow the property to meet less stringent requirements.Explore Grants or Subsidies: Check if there are any local, state, or federal grants or subsidies available for renovating older properties, especially those providing low-income housing.Engage with the Lender:Discuss Financial Hardship: Present the case to the lender, explaining the situation and the financial hardship imposed by the new building codes.Propose a Loan Modification: Suggest modifying the loan terms, such as extending the loan period, reducing interest rates, or even deferring payments temporarily.Negotiate a Short Sale: If the property must be demolished and rebuilt, your friend can discuss the possibility of a short sale where the lender agrees to accept less than the owed amount to avoid foreclosure.Explore Refinance or New Loans:Seek New Financing Options: Look for other financial institutions or private lenders willing to provide financing for renovation or rebuilding.
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13 July 2024 | 20 replies
There are many syndicators that had built a reputation for having executed business plans, very communicative, and accountable.
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15 July 2024 | 1 reply
First, we have had some issues jointly owning the property with family and would like to separate business from family.
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15 July 2024 | 50 replies
Fast-forward to July 2022, I found the actual company which allows tlwb access to their software. tlwb gives the impression that they developed the software 😒😒😒of course, I shared my experience with the software company’s rep and asked if there was any way for him to make his company aware of the sketchy company.
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14 July 2024 | 9 replies
Hello all,I recently filed for a new LLC in Michigan to hold investment properties under, and I'm currently in the process of looking for a bank to open a business checking account with.
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13 July 2024 | 22 replies
Plus he and his team genuinely want to help people succeed in both life and business.
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15 July 2024 | 10 replies
Can you elaborate more on what you mean by "Commercial" - are you looking for a business-purpose loan on a residential investment property or are you looking at true commercial real estate (office, retail, etc)?
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14 July 2024 | 16 replies
Here's some advice to consider for each of your options:Purchasing a single family/duplex and renting it out: This option allows you to continue building equity in your current home while also diversifying your real estate portfolio.