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9 April 2024 | 2 replies
Blanket Waiver of Subrogation - It is an endorsement that normally means the Insurance company waives their right of Subrogation (to go back after the certificate holder) if it is required in a written contract3.
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10 April 2024 | 15 replies
Phenomenal perspective on creating a company with culture and core values.And if you are looking to scale, or improve your manage right skills, reach out to us because I know we can help.
10 April 2024 | 13 replies
For example, SSN and validate it with a 3rd party background check company.
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9 April 2024 | 5 replies
What would your mortgage company say if you could not pay because a tenant didn't pay rent?
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9 April 2024 | 1 reply
If one of the members of the LLC operate the company, its member managed.
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8 April 2024 | 2 replies
We get lots of leads and have two homes available to walk through and tour, and they can buy those or customize and order different floor plans.
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8 April 2024 | 4 replies
Here are some considerations for each option:Option 1: Using the HELOC for a down payment and renovation on a second property to rent:Pros:You can leverage your existing property to acquire another investment property without selling your current home.Rental properties can provide a steady income stream and potential long-term appreciation.You can use the HELOC funds for renovation, which can increase the property value and rental income.Cons:You'll have to manage the property yourself or hire a property manager, which can be time-consuming and add to your expenses.There is a risk of vacancies or unexpected maintenance costs, which could impact your cash flow.You'll have to pay back the HELOC, which will increase your monthly expenses.Option 2: Building a new house in a new community and selling it for a profit:Pros:You can potentially make a significant profit if the market is favorable and the property value increases during the construction period.Building a new house allows you to customize the property and potentially attract more buyers or higher rents.Cons:This strategy involves a higher level of risk, as you're betting on the market to appreciate in a relatively short period.There are many unknowns and potential delays in the construction process, which could impact your timeline and profitability.You'll need to have a good understanding of the local real estate market and construction costs to ensure that your project is profitable.Before choosing either of these strategies, consider the following:Research the local market conditions in Chandler, Arizona, to understand the current demand for rental properties and new construction homes.Consult with a real estate agent or investment advisor who has experience in the local market to get their insights on the best strategy for your situation.Evaluate your financial situation, including your income, expenses, and risk tolerance, to determine if either strategy aligns with your goals and financial capacity.Consider the tax implications of each option, as this can impact your overall profitability.Create a detailed financial plan for each option, including projected income, expenses, and potential risks, to help you make an informed decision.Ultimately, the best strategy for you will depend on your unique situation and goals.
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10 April 2024 | 37 replies
Properties go to auction Highest bidder wins 30 days later or so you get a tax deed.. depending on title company you may need to wait 1 to 5 years before they will insure title..
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8 April 2024 | 10 replies
ADA is a bit different - If a business such as a hotel normally charges guests for damage that they cause, a customer with a disability may also be charged for damage caused by himself or his service animal.We have had 2 service animal guests.
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9 April 2024 | 6 replies
Can I get an independent umbrella policy through a different company?