Per the Participation Agreement all insureds sign, we are a monthly reporting program and are required to provide a 30-day notice outlining any coverage or cost changes, which was sent via email.

@Angie Hensley Most states require a lease to identify the owner of a leased property, whether a person, trust, LLC, IRA, etc.Landlord = Lord of the Land = Owner per deedAgent = someone legally representing the ownerProperty Manager = Agent

Secondly, is it common to do a normal application fee for background and credit?

PAYMENT DISBURSEMENTS - Incoming rents would come into a general rent account, replenish the maintenance fund for any expenses incurred through the month, take the PM fee, and then disburse the rest into the owners account.

After 45 minutes on this chat, the end result was his superiors confirmed the AI email was legit. 

I think you may have your understanding backwards as a very common strategy is for people to contribute to their 401(k) through their employer to get the full match, and then roll those contributions into a ROTH account at the IRS maximum per year (currently $7k).

If you guys could help breakdown the fees involved with the hard money loan, and the refi with the bank, that would help tremendously 🤟🏼

Do you cover the LL legal fees?

- What are your rates (all fees)?

Remember not to accept anything other than cash or hard money if you are assigning a property since conventional, FHA, and VA lenders flag assignment fees.