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20 December 2024 | 9 replies
This is why I stress the importance of knowing the laws and the strength of the legal system before investing in a particular market.
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23 December 2024 | 12 replies
There is some room for creativity here, but it takes careful planning and execution, and there is only so much you can push it before crossing the line from aggressive but legal to reckless and punishable.GROUP 2: Tax strategies that do not belong on the EOY to-do listForm an S-corporation.
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22 December 2024 | 4 replies
I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units.
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12 December 2024 | 5 replies
I am not a lawyer and this is not legal advice.
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3 February 2025 | 79 replies
Utilities paid by me or lawn mowing and snow, realtor commission for renting, legal expenses etc.
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23 December 2024 | 9 replies
I cut off PMs that constantly try to find ways to add revenues by what I call trickery; selling some 3rd party service that they have contracted to all their clients, recommending small fixes turn into large one's,etc, make it difficult to get 2nd opinions.
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24 December 2024 | 8 replies
We are deciding between hiring a property management company, finding a full time handyman or a hybrid of hiring a property management company for our bigger buildings and using a handyman contracting company for the easier ones.
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25 December 2024 | 12 replies
Overland Park, KS vs Kansas City, MO) Very landlord friendly, worst case eviction is usually 8 weeks + $500 + lost rent (cannot comment on individual cases and this is not legal advice) Large diverse metro area - variety of jobs, companies, people can have a career in KC.
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24 December 2024 | 1 reply
The very next morning, he was at the seller’s property with a contract in hand.
20 December 2024 | 4 replies
This also leads owners to ASSUME simpler is better when it comes to management contracts.