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14 December 2024 | 101 replies
And they end up talking about credit repairs.But then, things turned VERY FISHY:They asked people their credit score and asked us to fill out a "Strategy Session Checklist" that asked about the full legal name, occupation, annual income, bank account $, 401K, IRA, TSP, Available Credit on Cards, and Credit Score.Instead of actually having a 1-1 personal financial coaching, they got your financial info and "taught" you to apply for a credit card and pay for their $39,500 program.
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21 November 2024 | 12 replies
The idea of letting someone bring their own RV, live in it a week or three, and then leave with it and their mess is great.
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21 November 2024 | 11 replies
A non conforming unit is technically legal but it doesn’t meet current zoning (but possibly was once a legally functioning unit as a residence).
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22 November 2024 | 5 replies
Quote from @Corey Gelineau: The inspection contingency is used to legally back out of a contract due to the property being in an unacceptable condition upon inspecting the property.
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22 November 2024 | 12 replies
From what I'm reading here, and we immediately sought legal counsel on this, they're totally free to move out anytime they want.
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22 November 2024 | 7 replies
An LLC does not provide much legal protection, it acts as a legal firewall to separate assets.
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25 November 2024 | 2 replies
Even if every Concrete crew was "legal", wages would pull them to other low paid laborer jobs such as landscaping, house framing, meat packing, etc, causing wages and cost to go up for new Self Storage Construction, let alone availability.Security Systems- yep sourced overseas, China.Interest rates going lower, but I expect Inflation to go higher.
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26 November 2024 | 18 replies
The good thing about househacking a legal multifamily unit is that lender allows you to use the vacated units of 75% market rent as an income to offset the potential current mortgage.
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25 November 2024 | 11 replies
Generally there is consensus that DSCR Lenders can only offer a 1% prepayment penalty for up to 3 years in MI, but some lenders have recently reportedly been flaunting this rule - I would just tread carefully here in this area, generally not advisable to get potentially tangled up in a flawed legal doc with a non-sophisticated or fly by night lender
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25 November 2024 | 12 replies
Regarding number one, while it may or may not be legally necessary (not sure), I think it's a good idea to have a separate account for each entity.