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5 December 2024 | 1 reply
I have 21 units and have recently formed a Series LLC for all 21 units. That has gone smoothly with the exception of one unit that I have my disabled brother living in. I have placed 50% ownership of that one unit in ...
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15 December 2024 | 25 replies
Because of the balance sheet is off you can certainly bet that something is wrong with the profit loss statement.
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18 December 2024 | 16 replies
The product is real and solid, but getting to the finish line might be a little tough, especially on anything long term.
13 December 2024 | 4 replies
Condos are a better bet since they usually give you more freedom to rent and are easier to sell.
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18 December 2024 | 9 replies
Besides we're hospitality people, not selling property or leasing it long term, and somewhere along the line a few states got their definitions very very mixed up!
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16 December 2024 | 2 replies
It also means doing your due diligence to ensure the property you pick up actually makes financial sense, not just in year one but down the line.
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18 December 2024 | 15 replies
If the property is making money - and I mean really generating good cash flow - then those taxes are just another line item in your budget.
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12 December 2024 | 2 replies
Some use very specific goal setting metrics, some use more general goals, there is no right answer for every person, but I am willing to bet that those that set some goals will be more successful in the upcoming year than those that do not.
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16 December 2024 | 3 replies
When running numbers, especially on small multis more western markets with direct access to NYC tend to be more favorable from the numbers stand point and many of these towns offer 30 minutes or less taking commuting lines.
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16 December 2024 | 4 replies
Do you want a disgruntled heir contesting the transfer sometime down the line?