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9 January 2025 | 4 replies
My recommendation would be to get approved as a Landlord, contact the director's office and request that an inspection be completed before a tenant is selected (sometimes they will do this as long as you select a tenant within 14 days - which you want anyways), and have an online application and screening resource in place.
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17 January 2025 | 3 replies
You search for existing guides, select the best and provide the link or the document to your clients.
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5 February 2025 | 13 replies
Investors tend to incorporate in either Nevada or Wyoming because the corporate veil is the hardest to pierce in those states.As for market selection, there are great opportunities in the Midwest and Southeast.
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6 January 2025 | 5 replies
Best of luck with selecting your market—there's a wealth of knowledge and supportive investors here to help guide you along the way.
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1 February 2025 | 9 replies
It's really your choice if you want to select a home that has already been leased prior to closing or not.
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8 January 2025 | 11 replies
I’d love to connect with experienced landlords and investors who can share advice on getting started, selecting properties, and navigating the Section 8 process.
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15 January 2025 | 8 replies
If I would have used competent management, the manager that I picked and vetted, then it would have cash flowed, assuming they could have filled the vacancies.The big lesson I learned is that the property manager selected can make or break a deal.
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24 January 2025 | 12 replies
When you can access the opportunities first, you get to analyse and find the best deals first which means you have the broadest selection with minimum/to no pushback from the lead.Unfortunately using PS guarantees you will not be at the front of the queue and certainly not first mover.
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14 January 2025 | 7 replies
I definitely plan on building a team in the market we select.
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14 January 2025 | 7 replies
@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.