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14 November 2024 | 2 replies
Hi I recently won a Small Claims Judgment against my former tenant who damaged the property and failed to pay rent.Does anyone have a recommendation for a good Small Claims Judgment Collection agency/firm that can help me collect?
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13 November 2024 | 7 replies
@Darrell Perkins,For insuring a high-value, older fix-and-flip property in St.
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13 November 2024 | 3 replies
Did you include language that If you digest they need to refinance and cash you out?
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13 November 2024 | 12 replies
This is highly specific to the loan product and the lender.
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13 November 2024 | 0 replies
I recommend that you learn the tax code and take ownership over your strategy.Not having some foundational knowledge and an opinion on how to approach taxes as a business owner is a huge mistake.In my experience, every single business owner who says "I just let my CPA worry about it and I focus on my business" is doing a suboptimal job at tax planning.They are likely missing out on 10s or hundreds of thousands in saved dollars every year.Stop making excuses and get to work.Just a few months of part-time learning about taxes will pay you for the rest of your career.
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13 November 2024 | 2 replies
If you just called someone up and asked how you could help them, you would be ten steps ahead of Bobby, who is stammering through the first line of a script from 1974 about a cash offer when the homeowner bought the house for 51k in 1978 and it's worth 804k (aka does not need cash, he needs a place to go).Agree 💯!
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13 November 2024 | 2 replies
And you’re right, those doorknobs probably did end up in the trash.
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13 November 2024 | 2 replies
Looks like previous registrations were entered incorrectly and preferential rents were listed as legal rents.
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13 November 2024 | 1 reply
Hi all,I'm sure some have heard of the properties being built by Clifton Homes:Location: 9440 N Adrian AveThey are a fully vertically integrated operation (prop mgmt, construction, and financing).This is their deal:Cash in: $50K6-8 months later:One time refinance to put a long term mortgage on it at or around 75% which gets your $50k back + 16%.
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13 November 2024 | 1 reply
These allow you to bundle renovation costs, and if the post-renovation value meets 20% equity, you may be able to avoid PMI.