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9 June 2015 | 64 replies
It took us a long time to get the property back to where it is performing near where it should be.
25 September 2013 | 15 replies
The Nine states with a true Series LLC statue are; Delaware, Iowa, Nevada, Utah, Illinois, Oklahoma, Texas, Tennessee, and now Kansas (Yeppie :) Here is an interesting Article about NC recognizing legal internal/external structure from a Series LLC from NV: Sounds to me like one could hold assets in one the Mother I'll call "9" business friendly states, operate a series (or property) in NC, depending on how the operation is structurally performed end up under 9 or NC law in a landlord-tenant or flip limited liability suite, foreclosure, or charging order.
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9 January 2023 | 22 replies
We pay our cleaners by the job as well, but we've had to fire many a housekeeper for poor performance.
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18 February 2015 | 9 replies
When it comes to residential (1-4 units) and small multi-family (5-10) we typically purchase distressed properties and perform a deep energy retrofit, with the result being units which operate 40 - 75% more energy efficient following the retrofit.While this does not necessarily increase the rent we can command, it has proved to decrease our turnover and vacancy - tenants stay longer and, when they leave, we often have word-of-mouth applicants before the unit becomes vacant ... just last month we had 5 inquiries and 3-applicants on a property we had yet to advertise.
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22 February 2015 | 7 replies
But to answer those, I would have to put up a performance and payment bonds from surety agency, not the $12,500 that contractors need to put up when they get the license, what i meant is 100% of the rehab cost, that way, if contractor doesn't perform, you could hire a different contractor and i pay for whatever is rehab cost in the contract. thats an agreement between the owner of the house and contractor.
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25 February 2015 | 25 replies
You would hold title as "So and So Trustee FBO @Brent Mattison " There are specific rules about comingling funds and performing services on your own property, but worth looking into.
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26 October 2015 | 26 replies
Get all insured, perform good management and let it ride.Now, your future investments you may want an LLC, cross that bridge when you get there.
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20 February 2015 | 14 replies
It's one of my better performers with a great tenant and a great house.
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12 March 2015 | 9 replies
We perform due diligence on each project prior to placing them on the platform.
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22 February 2015 | 45 replies
The landlord &/or his employees are not allowed to do the move out, it must be performed by the court approved movers.