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25 May 2022 | 5 replies
I want to learn more about this industry and seeing if there is someone I can work alongside with.I look forward to connecting with you!
25 July 2021 | 53 replies
Maybe run a deep background check on them to see if anyone in the family has a record before you engage with them.
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16 September 2021 | 108 replies
I also have chosen to live at both end of the spectrum from complete frugality living in a van and "showering" in the park sink alongside my financially free homeless neighbors to living on a yacht with million dollar views.
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2 August 2021 | 4 replies
The latter change is meant to reduce roofers’ opportunities to identify damage they can pin on past weather events, like hailstorms or hurricanes.Still, those changes might not reduce claims and lawsuits for several years, insurers say, if attorneys are allowed to pursue claims for old losses under the old rules.The Legislature provided the Department of Financial Services $1.8 million specifically to investigate property and casualty homeowner insurance fraud.Department spokesman John O’Brien said the money will fund two squads of detectives at the Division of Investigative and Forensic Services.Meanwhile, several insurers, including Citizens, Security First and Tower Hill, are pursuing claims under Racketeering Influenced and Corrupt Organization Act laws, developed to fight organized crime, against roofing companies they contend are engaging in fraud.The problem of roof-based coverage denials and ever-rising claims costs might not be solved until the concept of homeowner insurance in Florida is revolutionized, said Paresh Patel, CEO of HCI Group, which includes Homeowners Choice and Typ Tap insurance companies.Patel envisions a day when homeowners most likely to file claims for repairs, like roof replacements, are allowed to buy more expensive policies that are designed more as home maintenance coverage.
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6 November 2021 | 10 replies
If your going to engage in finding lenders for clients I strongly urge you to watch the American greed episode on Remington financial its a great deed dive into lenders that charge up front and basically never fund..
31 July 2021 | 1 reply
I am interested in a property that I have 2 properties a 5 and 6 flex adjacent on one side and a 4 plex adjacent on the other side of desired property.From what I understand the current owner is 86 years old lives in Ft Walton beach in the Florida Panhandle 8 hours north of subject property, he has never seen the property and received it in an inheritance when his father had passed away.Sent the owner a personal letter telling him who I am and what we have been doing to the properties, total renovation to these 1950s buildings and if he would be interested in selling. owner responded with a voice mail to wife that he might be interested in selling in future and he would keep us in mind.A couple months went by heard nothing else.Sent him a unsolicited offer of 2.25 million that felt was a fair offer based on several other properties that have sold in the area.Never got a response.Had a conversation with his Real Estate lawyer over a neighborhood issue, told lawyer that I had sent a offer, lawyer said she talked to him and only response was "Might sell for right price" Have not been able to engage conversation to find out what " Right Price " might be.I am kind anxious One, because of his age, 86 years old.
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1 August 2021 | 3 replies
Check out proper, cbiz, foremost, or I use a local insurance co. that goes through openly insurance which is less expensive.Can’t believe I’m saying this, but this actually might be a situation to engage a local property manager if they want to be more hands off, but the income will be lower due to their commission.
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10 August 2021 | 6 replies
I bought a condo that has excellent staff and maintenance crew that would minimizing my engagement being a long distance investor.
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2 August 2021 | 3 replies
When we do receive offers of notes for sale, either these notes are priced way too high for the risk, or the properties are residential (we do commercial real estate only), or we receive a bulk offering with a financial commitment requirement above our capacity.Since I am not inclined at this stage of my life to engage personally in a cold calling, cold emailing, or any type of intensive personal sales campaign, I was wondering if anybody had any success utilizing contractors or employees to hunt for these notes that institutions may be interested in selling?
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3 August 2021 | 9 replies
When a tax exempt entity like an IRA engages in a trade or business on a regular or repeated basis the gains become subject to taxation as Unrelated Business Taxable Income (UBTI).