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25 October 2024 | 4 replies
Consider if it will truly benefit your tax position, liability protection, or asset management, or if it will just add unnecessary paperwork.If you’re in a state like California, keep in mind that you’ll have to pay $800 annually to the Franchise Tax Board, file a periodic Statement of Information (SOI), and submit a Beneficial Ownership Information (BOI) report.It’s a good idea to consult a real estate attorney to ensure you’re making the best decision for your specific needs.
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31 October 2024 | 23 replies
A larger sum might provide more leverage to ensure they leave on time and in good condition.Rental Agreement: You could also consider having a formal rental agreement in place with the seller for the two-week period.
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28 October 2024 | 46 replies
There is a ramp up period for a str business.
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19 October 2024 | 3 replies
If that strategy works, then it’s $99 a month and they also have some add-ons to make the process more efficient.
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28 October 2024 | 30 replies
You could have a really solid portfolio in a relatively short period of time.How are W2 employees different than subs?
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22 October 2024 | 0 replies
Our streamlined process allowed us to quickly close the deal and immediately prepare it for resale, emphasizing the efficiency of our funding model.
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23 October 2024 | 38 replies
Keep in mind things take time to really launch and takeoff , but with the resources and experience that Direct2Deals has, it makes the process a whole lot easier and something less that I have to handle inside of my business & can now focus on optimizing and being more efficient in the way I conduct business and close our deals.On another note, if you are looking for qualified homeowners that are seeking to get an offer on their house or sell soon, and your goal is to have the most amount of opportunities to close for yourself and your team, we recommend doing a nationwide, multiple state targeted campaign with Direct2Deals.They have a dedicated team to handle all questions you may have on a weekday basis through their email support system that they go through Monday through Friday to help you with your success at Direct2Deals.
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23 October 2024 | 18 replies
I understand my role should include more than raising the initial equity investment and continue throughout the holding period and disposition.Here are my questions:Is Number 3 (from above) a good idea to create anonymity for investors?
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23 October 2024 | 4 replies
As a new investor, a duplex gives me some pause because I'm afraid there might be long periods of vacancy where I'll have to come out of pocket to cover expenses.
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24 October 2024 | 4 replies
Were seeing a lot of BRRRR refinances in the sixes rate wise recently - rates have been a bit volatile last couple of weeks but some really solid BRRRR deals going on with DSCR considering the short seasoning periods and rates really competitive with conventional alternatives