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14 December 2024 | 12 replies
As the owner of Oz Realty, I wouldn’t recommend any other property manager in Toledo to take you on.Most companies don’t allow landlords to use their own contractors for repairs due to internal operating inefficiencies.
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13 December 2024 | 16 replies
They operate in Houston, TX., and Albuquerque, NM.
13 December 2024 | 15 replies
Most commercial lenders permit this, but it’s critical to confirm beforehand.Liability Protection: Moving the property into your LLC can shield your personal assets, but ensure your operating agreement reflects this properly.5.
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12 December 2024 | 6 replies
I hope you are asking two separate unrelated questions, because there's no point in doing cost segregation for properties held inside your self-directed solo 401k, save for some very rare exceptions.Some of the Bigger Pockets experts who operate reputable costs segregation companies are @Bernard Reisz, @Yonah Weiss and @Julio GonzalezSome of the Bigger Pockets experts who offer Solo 401k administrator services are @Dmitriy Fomichenko, again @Bernard Reisz and @Brian EastmanReach out to them and see if they can help.
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16 December 2024 | 7 replies
Remember NOI, or net operating income is the basis of market value in rental property.
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13 December 2024 | 9 replies
Turnkey companies usually handle buying and renovating the property, then partner with a local third-party management company to handle day-to-day operations.
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8 December 2024 | 19 replies
Look forward to hearing posts on your deals and operations.
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13 December 2024 | 35 replies
@Kyle Kline“Investing for equity and not cash flow” doesn’t mean “buy properties that don’t cash flow.”To me, invest for equity not cash flow means that the PRIMARY reason to invest is for equity growth and an increase in net worth and NOT cash flow.I’ve been investing for over 40 years and while cash flow is important, it’s not why invest.A property must be self supporting ie produce enough cash flow to cover debt service, operational expenses including repairs and replacements.
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9 December 2024 | 3 replies
A two-bedroom condo for house-hacking could be a golden opprotunity to kickstart your portfolio.I’ll share a quick story about a client of mine, Tony.
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13 December 2024 | 4 replies
Its generally retail medical operators, so we include things like the market dynamics for our use and why statistically the market and location of the site will be viable form a business case standpoint, and speak to how the startup has enlisted the help of an EMR or other such consultant to help in their general rampup and ability to bill/get insurance contracts.