
15 May 2024 | 5 replies
You then file the annual report each year and continue to fork over another $500 annually.Next "cheapest" will be legal zoom or a similar service, I believe they'll help roll the registration with the state into the start up package.I use "cheapest" in quotes - the primary purpose of an LLC is typically to provide some level of asset protection.

14 May 2024 | 7 replies
I aim to refinance the loan under conventional investment terms to avoid the high interest rates associated with hard money loans.With an excellent credit score, securing a loan shouldn't be a challenge.

17 May 2024 | 25 replies
In the lawsuit she was claiming now claiming to be my landlord - and she provided the courts with a blank unsigned rental agreement - another reason it was overturned: my mother had given me full permission to live in her house rent free for two years after she died.

15 May 2024 | 7 replies
He has not provided any copies of utility bills and apparently is the "gardner" that is billing them $200 a month.

16 May 2024 | 5 replies
As a good investor, always always keep this in mind, especially when you get an insane deal, how is the service provider give me an insane below market deal and still keep a successful business running?

13 May 2024 | 2 replies
Despite repeated requests, the agent has not provided certain essential documents or receipts, such as proof that the home was exterminated by the seller.

15 May 2024 | 4 replies
I just want to make sure that we provide the tenants with adequate notice..PS.

15 May 2024 | 21 replies
Providing the cash flow will support the loan payments.

15 May 2024 | 20 replies
@Ravi KaruturiRavi, a Project with a $10M “all in” cost will typically support a 70%-80% loan to cost (LTC).This means that you can borrow $7M-$8M which means that you will have to invest an equity infusion of $3M-$2M.More fundamentally, if you are asking a question like this, your priorities need adjusting.Raising capital from whomever, and especially from friends and family must come after you have acquired and can demonstrate the skills necessary to build a $10M ground up development.I believe that if you pursue a plan to raise the equity required that you will find it very difficult to secure bank debt without a track record and or the skills noted above.Feel free to reach out to me if you want to talk.

15 May 2024 | 7 replies
I always have tenants provide me with an emergency contact.