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11 November 2021 | 7 replies
Can the third be incorporated into the second and rented as one big unit?
6 November 2021 | 2 replies
I would listen to the BP Podcast with Thach Nguyen on how he knocked on one hundred doors a day , five days a week for ten years and that got him one million USD per year from that ACTIVITY.Make sure you dont miss the part where he says one home seller let loose a dog on him and he had to get attention at the hospital from the bite.I would also pay attention to the Tom Hopkins Champion formula to embrace rejection on pages 110-125 in his book Mastering the Art of the Sale.Especially the part where he says , you are paid for each rejection you getThen TAKE ACTION, make the calls, follow up leads, ask for referrals, make offers, buy properties, choose your exit strategy etcin making calls i would attempt to incorporate "negative phrasing" as taught by Steve Trang, to locate buyers, sellers, private money lenders.I would also set a saving rate as taught by Anthony Robbins from book Money, master the game, becoming of an investor, taking advantage of the power of compounding I would also keep in mind the 10000hour rule from Malcom Gladwell's book, Outliers reminding myself that attaining world class takes commitment
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9 December 2021 | 3 replies
I'd put down ceramic tile in a "wood look" style for the floors.
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14 November 2021 | 40 replies
Personally, I do incorporate that language into the lease and will make exceptions on a case by case basis.If tenants are neglectful I will force them to remedy the issue.
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2 January 2022 | 13 replies
This is my first partnership multifamily deal after purchasing and renting my own properties, and I'm a bit lost on this topic.My goal is to have equity ownership, take advantage of depreciation, and hold the property in the LLC long term, while collecting distributions and paying applicable taxes on those distributions.My intention was to assign % ownership when the entity value was $0, like can be done when founding a company prior to incorporation.
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7 January 2022 | 7 replies
The floor had ceramic tile and a vinyl baseboard.
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3 January 2022 | 3 replies
The LLC is incorporated in NC, but the property is located in South Carolina.
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4 January 2022 | 2 replies
My question - can I issue a 1099 NEC/MISC to my realtor as a sole proprietor (using my name as Company name ) or do I need to incorporate/form an LLC first?
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5 February 2022 | 2 replies
I am the owner of a small business (LLC- soon to incorporate S-Corp, possibly) and our eldest is heading to college.
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10 January 2022 | 6 replies
Or I could possibly ask the buyer if I could incorporate them in the sale price.Any advice?