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1 July 2024 | 7 replies
Most importantly, it's great to hear that you found value in the tools and resources we spent years putting together in an organized fashion to help newer investors both start and continue to expand their investment portfolios.
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2 July 2024 | 11 replies
If it's a larger organization, feel free to inquire about their staff qualifications.2.
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1 July 2024 | 28 replies
Good communication with guests and a well-organized system for handling issues are also crucial.
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3 July 2024 | 14 replies
This is pretty much how banks do things too - the idea is that not only do you have to afford your rent - but also your electric, your food, your car, your insurance, your gas, internet, etc.
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1 July 2024 | 8 replies
The bed isn’t even made, the fridge and freezer are absolutely full of food.
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30 June 2024 | 4 replies
LLC is VERY IMPORTANT to organize in the correct states that don’t require formal records to maintain separation between LLC and personal.
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30 June 2024 | 8 replies
@Marisa VoelkelI think having properties in their own LLC is not necessary for the reasons that @Andrew Syrios and @Benjamin Aaker mentioned.It depends on your risk tolerance and ability to keep organized.
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1 July 2024 | 5 replies
A simple holding-operating LLC strategy is what I want, where the Holding LLC contains properties organized into series, and the Operating LLC collects rents.Thanks in advance
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1 July 2024 | 25 replies
I once gave a tenant $100 after their fridge quit and food spoiled.
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2 July 2024 | 26 replies
Recognize being the GC is work, requires strong organization skills (especially with tight timelines), decent communication skills, and design skills.I have acted as GC many times and have done well on these rehabs but I recently completed a large rehab (completed mid May).