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9 October 2024 | 6 replies
I simply want to offer a second opinion should you need it.
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15 October 2024 | 26 replies
Are based on their capabilities rather than what is ideally offered to you (for example, if a lawyer is only licensed in Texas, they might recommend structuring in Texas even when it's more advantageous to establish, say, a Wyoming holding company, simply because they cannot facilitate the latter).Comparing this to the medical field, as discussed in this thread, physicians generally provide more consistent advice.
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9 October 2024 | 17 replies
If you build (via managing a general contractor), you should (ideally) know more about how the property was built than if you bought an existing home--you know what's behind the walls, and ideally you might avoid anything wrong with buying an existing home with issues you and your inspector didn't catch.I understand there's risk to building--it just seems right now that the risk is lower than buying an existing house--a house where you simply cannot know every detail without tearing it down to the studs and doing a complete remodel.
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11 October 2024 | 21 replies
Even if I entertained the idea of allowing a tenant to do work on a property, I would simply pay them for work completed and they could either receive payment or apply it to the rent.
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10 October 2024 | 2 replies
It's hard to tell simply from the information provided.
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11 October 2024 | 12 replies
Its getting to the point where the rates almost have to be so astronomical that people simply can't afford them.
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9 October 2024 | 3 replies
It is simply a disclaimer of interest in property.
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11 October 2024 | 11 replies
I have been utilizing Facebook MTR groups in my market as well and have come up flat.Like I originally stated in my post I am currently breaking even simply with my in season short term rentals, which has been covering my annual expenses.
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8 October 2024 | 5 replies
So@Jay Hurst and @Chris Seveney are y'all recommend no LLCs at all or simply an LLC to own the property in the correct state?
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9 October 2024 | 1 reply
They said it was a lot easier and better to simply create a new LLC to properly match what you are trying to do. 2) So, that is the other route, creating a brand new LLC.The PartnershipThe hardest ship to sail is a partnership, and there is no "fairest way" to do things.