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12 October 2024 | 7 replies
I suspect they drew you a flow cart and then your conversations went something like this: I need to transfer my properties to an LLC for anonymity.They are told they are not anonymous & that is not asset protectionBut I need it anyway for tax savings.They are told there’s no meaningful tax advantages But I can get non recourse debt because the LLC is the borrower.They are told they still have to personally guarantee the loanNo, I can get non recourse debt I read all about it.They are told yes, while that is true, the leverage is customarily low, applies to much larger CRE transactions and there are still carve outs.
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12 October 2024 | 4 replies
While no properties actually flooded, the entire area was a disaster - roads destroyed, rescues, loss of power, and loss of safe drinking water than lasted for two weeks.
12 October 2024 | 6 replies
From now to April has been a slower season for us in that our properties stay vacant for longer this time of the year.
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5 October 2024 | 1 reply
I also know that people are hesitant to buy property because of the aging population of Japan.
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12 October 2024 | 2 replies
We were able to work a deal in the last 2 weeks before it was finalized, we had to pay the max amount of interest for back taxes and water bills and liens on the property.
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5 October 2024 | 4 replies
The next license up would be a managing broker's license; which requires you be licensed as a broker for the previous 2 years.
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4 October 2024 | 27 replies
@Solomon NguyenBrosef, I would stay in my backyard and if you're considering property management, then I would definitely invest in my backyard.
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4 October 2024 | 10 replies
I've got both a property manager and agent recommendation and would be happy to discuss, just shoot me a DM.
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7 October 2024 | 1 reply
Cash management, bookkeeping, bidding, people, etc.
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7 October 2024 | 3 replies
Managing costs, especially with landscaping, can be tricky.