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25 November 2024 | 19 replies
Handle all maintenance in a timely manner (know how much time you have to respond and correct problems)?
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19 November 2024 | 12 replies
Consult an attorney or CPA to structure this correctly and protect your LLCs.Hope this helps and be careful!
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18 November 2024 | 13 replies
I stand corrected:)They do have an office in Metro Detroit and while we're far from perfect, we seem to get a lot of their unhappy previous clients.In our opinion, they built a system for Class A rentals - where tenants have 680+ credit scores and rarely have to be evicted or trash properties.They then tried to apply their processes to Class B & C rentals and that's when their service issues increased.All this caused them to recently significantly increase their Flat Fee pricing and monthly minimum charges.
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20 November 2024 | 45 replies
And it all thus incentivizes the correct future actions of others.
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20 November 2024 | 37 replies
You still may have negative cashflow, but it may be smaller, so is addressed by rising rents sooner.As a professional in the Build-4-Rent space, let me make some corrections here.
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11 November 2024 | 0 replies
Great episode with Florida commercial real estate developer Joshua Pardue! Check it out on Spotify
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22 November 2024 | 24 replies
If you didn’t specifically advise on what to do, they drew it a specific way at the end of the day you approve the drawings to be built so it’s not their fault it appears and they should be compensated for the revisionIf it’s something they screwed up (does not appear to be case here) - then they correct their error
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17 November 2024 | 5 replies
I have made a career of telling people no and not worrying about it because it's the correct answer.On the inside, the core value I push the most is family.
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19 November 2024 | 11 replies
The same is true for a house—placing a tax-advantaged asset into a tax-advantaged investing account cancels the tax advantages (or many of the immediate ones).Maybe @Michael Plaks or @Kaaren Hall can explain this better or correct my understanding here?
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17 November 2024 | 2 replies
But hopefully it sells quick this time around.As far as Owner Finance, I have tried a few times but not sure if I am structuring it correctly.