All Forum Posts by: Lev Platsman

good morning all, I'm an out of state investor in Louisville KY. I have 5 properties and am looking for property management companies. I current have one but starting to get unhappy with what's going on. Any recommendations for property management company? 

thank you.

I actually trust them a lot. Just looking at other options. Since I am a new investor im just exploring other options to see what would be better. There is a price to pay when a management company handles this. 

good morning BP community,

I am an out of state investor. I need to find a contractor. The  management company that I deal with has they're own preferred contractors and they can manage for a fee. But I am also interested in maybe getting my own contractor where there's no fee. I am just exploring other options. When you have a contractor not through the management company who usually oversees the work? How does it work? Any questions to ask the contractors, that can help me decide on which contractor?

So I am totally new to this. Have not bought anything. But aggressively looking for a rental property as an investment. I live in new york and are looking in other markets. 

So the decision I need to make right now is do I buy under my personal name or form a corporation or an LLC and buy that way. By buy I mean mortage.

I just got off a call with my accountant who advised my to NOT buy under my personal. He said the tax benefits is much better under a corp or LLC. He also advised me that I may not be able to utilize a lot of the tax advantages because of my high income.

Any one have any advise? I understand the rates are better under personal and the amount of down is less. 

Can I transfer the mortgage or the property onto an LLC after I purchase it on my personal?

HELP.

Good morning everyone. 

So I am trying to get my feet wet with real estate. I am looking to invest into a rental property. I live in new york city. I currently have no interest to invest in my own area. So from the research I have done there are a few cities that come up as great investments for rental properties. Some of these are orlando, tampa bay, jacksonville charlotte, and Raleigh. My biggest dilemma is the distance from where I currently reside to where the investments are. I am currently leaning towards orlando, but worried about the distance. Does anyone else do long distance investing? How has it worked out for you? Any tips you can provide?