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17 December 2024 | 29 replies
You'll want to maintain as few appliances as possible, but not at the expense of extended vacancy.
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16 December 2024 | 13 replies
Agree , those are all incredibly important as is good property management and the ability to price the property correctly based on your competitors rates( dynamic pricing ) .
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17 December 2024 | 7 replies
Asking in the correct forum will get a better response.Read the RULES!
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17 December 2024 | 8 replies
In addition, 1031 Exchange Qualified Intermediaries are generally not required to be bonded, insured or maintain any other form of minimum equity capitalization.
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16 December 2024 | 35 replies
Without complete financials up to that point, extra work (and headache) will be required to get everything straight after years of failure to keep complete financials.There also might be an asset protection wrinkle by not maintaining complete books for an LLC, but I won't comment on that as I'm not an attorney.
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16 December 2024 | 3 replies
There is nothing illegal as long as the property is zoned correctly.
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11 December 2024 | 1 reply
When it comes to selling properties, I firmly believe in maintaining transparency throughout the process.Let me share some insights and experiences regarding this important aspect.● Resident Impact.
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16 December 2024 | 0 replies
This won't change the numbers at all, but it will correctly reflect the personal ownership of the RV.Since the RV is in our personal name, and our two LLCs use it for travel, should we treat the RV as a separate rental business (sole proprietor) and rent the RV out to our LLCs when needed for travel?
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16 December 2024 | 2 replies
This is correct, but that .5% is IN ADDITION to all the other closing costs associated with a refinance (Title/Escrow Fees, prepaids, and depending on the bank, Underwriting / processor costs) - so in reality it can be a little more expensive to refinance with IRRRLs.
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18 December 2024 | 8 replies
If I am correct (sorry if I have that wrong), there isn't a big win in it for anyone, even an underperforming asset, to help someone get some experience on their listing.