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17 October 2024 | 10 replies
Splitting duties and addressing risk aversion worked for us.
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14 October 2024 | 9 replies
I believe it’s important to address these two items separately: First, there are still ways to find out the identify of the member(s) behind the LLC and secondly these anonymity strategies do not actually shield liability because claims are still brought regardless of whether the members of the LLC are identifiable.
15 October 2024 | 8 replies
.--- The tenants just won't cooperate:Yes, you can try to get in with a Legal Entry, but then they can easily sabotage the showing by:----- Being rude----- Keeping the house dirty (or worse)----- They can keep an aggressive dog in the house when they are not there----- They can deliberately leave an unattended minor alone in the houseYour current PMC should be taking the time to address and explain all this to you!
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15 October 2024 | 24 replies
Neighbors tree fell on the roof of my rental during the Hurricane (state Florida).I called the city and they gave me the address of the LLC that owns that lot (its an empty lot, probably a builder owns it).I probably could find the phone number as well.Do I call them if I find the phone number and ask them to fix my roof and remove the other trees from the empty lot that they own?
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13 October 2024 | 9 replies
Ask address, reno , and what will the rent be ?
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12 October 2024 | 7 replies
Unfortunately, it doesn't really matter because a quick biz search will show me as the manager, and, even though my registered agent address should be the one to show up on county, most of the time they are still putting my home address :( This might actually be something that is happening at title and I may need to address it there.
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20 October 2024 | 147 replies
Please provide me with a correct address to send my billable hours.It's real estate related so, as you know, it's always nothing until closing.
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14 October 2024 | 8 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
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11 October 2024 | 7 replies
Myself I had my title company pull every NOD in the MSA which was 4 counties 2.5 mil people. create a spread sheet and they would up date it daily as new NOD's came in.they would give me address lien position tax information and lien judgment search.. having our title plants digitized and off shore allows for this data to be gotten in a few clicks.. then when I got my short list I would give them that list about 48 hours before the sale and they would do a date down for me on those..
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24 October 2024 | 139 replies
Alas the opposite is true.The hypocrisy of people crying for a green world yet don't put any effort into addressing this issue is astounding. most flippers don't even pull permits!