14 June 2024 | 3 replies
My advice is don't stop wholesaling as it will keep fast cash coming in and also provide you deal flow for your own acquisitions.
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13 June 2024 | 3 replies
Any clarification you can provide would be much appreciated!
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15 June 2024 | 54 replies
His continued operations truly amaze me by the fact that he has so blatantly mis-represented himself as a "Turn-key" provider when all he is...is simply a fraudster hiding behind his LLCs.This is just an extremely simplistic journal of my woes with Clayton Morris and Morris Invest I am damaged financially and emotionally to such an extent and am profoundly regretful that I EVER listened to that smooth talking SNAKE of a former news show host of Fox and Friends.
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13 June 2024 | 4 replies
Read the Fine Print: Carefully review the terms and conditions, privacy policies, and any disclosures provided by the fintech company.
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13 June 2024 | 3 replies
Landlords worry that the security deposits allowed under the bill will not be sufficient to cover these damages.The presence of pets can lead to higher maintenance costs due to wear and tear, noise complaints, and the need for more frequent and thorough cleaning.Financial Implications: The bill prohibits landlords from charging additional rent or security deposits specifically for pets, which landlords argue is necessary to offset the increased risk and maintenance costs associated with allowing pets.Landlords may need to increase their liability insurance coverage to protect against potential issues arising from having pets on the property, which could lead to higher insurance premiums.Key Provisions of AB 2216No Blanket Pet Bans: Landlords can’t have blanket bans on common household pets without valid reasons.No Extra Charges: Landlords can’t charge extra rent or security deposits for pets.Documentation Requirement: Landlords must provide written documentation if they restrict pets for health or safety reasons.Pet Liability Insurance: The bill might require tenants with pets to have pet liability insurance.As always, I’m here to discuss how this might impact us as property managers and landlords.
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13 June 2024 | 3 replies
So in your example, if I’m trying to keep it but allow me time to save up for the eventual down payment, I could provide 1) an upfront down payment (a percentage) and then what would be an example of how the deal is structured for the time that I’m “leasing” the property?
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14 June 2024 | 14 replies
Google RUBS for service providers and policies.
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13 June 2024 | 2 replies
Just like you would do with any non-family contractor working for you:- get them to complete Form W9 for you, as you will need their SSNs- have them provide receipts for materials/supplies and keep those receipts- have a written labor agreement (how much and for what) - pay for materials separately from labor- make all payments electronically rather than cash so you can trace them- pay out of your business account, not personal- issue them 1099s next year if you paid them $600 or more for labor (for the whole year, not per job): https://www.biggerpockets.com/forums/51/topics/1167632-expla...
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13 June 2024 | 3 replies
(C) Criminal history is clean(D) Provide references and call the references2.
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14 June 2024 | 13 replies
Cash flow can be difficult to achieve, but appreciation has been pretty great for about a decade.Hope this helps a little, reach out if I can provide more info.Best of luck!