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29 December 2024 | 3 replies
Hey! I'm curious on what is the general consensus on leveraging conversational AI for outreaching to leads? There has been a ton of interest in the technology but I'm curious to know what are the thoughts from those w...
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8 January 2025 | 14 replies
Not once has one member ever said the LLC saved them when insurance wouldn’t have.
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3 January 2025 | 5 replies
I don't think I could justify custom cabinets for a $1500 rental.
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8 January 2025 | 10 replies
That's easy compared to trying to fight and erroneous $13k water bill (a real issue we had) or an insurance policy tripling (that too).
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12 January 2025 | 2 replies
It's all about risk in the event of a lawsuit, which can also usually be covered by insurance.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.
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12 January 2025 | 8 replies
There's a big swing here in insurance and tax calculations I see and getting those numbers accurate are critical for your ability to not miss on good deals
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5 January 2025 | 2 replies
The PPM and Docs are customized for your project so you will need to have it outlined upfront on the structure and payout (is it pref equity, debt and the capital stack etc).
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12 January 2025 | 21 replies
@Taylor Daschyes, we used propstream with our own custom design. not handwritten but a high quality photo.
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12 January 2025 | 10 replies
Sometimes they forget to tell you that many tenants in Detroit don't pay (depending on the property manager skill and the type of tenant) - but taxes are very high in the city and so is insurance.
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16 January 2025 | 7 replies
@David R Pustelnik recommend you first focus on raising the rent for the first time in 10 years.By the way, how much have your property taxes and home insurance gone up since this tenant moved in?