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Results (10,000+)
David Cianci Should I create an LLC before I buy my first property?
15 October 2024 | 40 replies
Yes, it requires work to run an LLC properly.  
McKinly Springer Self-leveling basement floor. Does this look right?
8 October 2024 | 2 replies
@McKinly SpringerThis did not bond as they didn’t prep the floor properly nor was this done properlyIt does not appear they even used a self leveling material like ardexTo me this appears all of it needs to be ripped out and redone properly
Chida Truong Pace Morby Mentorship
14 October 2024 | 420 replies
It’s up to individuals though, to get serious and learn things properly.
Dana Yobst NC LLCs & anonymity
8 October 2024 | 5 replies
Your accountants will love you and hate you as they love you because they will charge you a fortune but despise you when you do not put money in and out properly
Noah Clark LLC Structuring Help
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. 
Mohit Khanna Australian investor looking at entering US residential market
16 October 2024 | 25 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
David Herfel Advice for First House Hack
9 October 2024 | 9 replies
Your agent should be able to point out if the property was properly renovated or if they just slap something together to make it look good right before sale.
Lexie R. New to Landlording and Perplexed
10 October 2024 | 24 replies
If they remain to be difficult and unresponsive after providing proper notice and communication, then maybe it's time to give them a 30-day notice to terminate their tenancy so you can do the repairs needed for your property.
Maria Diaz contractor best practices
11 October 2024 | 17 replies
I am not sure if anyone ever cared to pull together the data but I am quite confident in saying a study that compared licensed to unlicensed contractors would tell the story of unlicensed contractors seeking greater deposits in relation to total project costs than those with all proper licenses.
Jonathan Ludizaca Looking to start investing
9 October 2024 | 5 replies
With using the FHA loan, your offer loses a large competitive edge in the market, but a good agent will navigate it properly for you and also weed out the unqualifying homes.