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20 January 2025 | 1 reply
I’ve had most luck with signs in front of my plaza and word of mouth - networking at Chamber of Commerce and chatting with other business owners in the area.
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23 January 2025 | 7 replies
FYI I do have plenty of reserves for my other units already, but would like to keep each property separate.My question is, where should I draw funds from to pay the least amount in penalties, taxes, loan interest, etc. from the following sources I have available:- 20 year 401k loan for a property- Sell a piece of my stock portfolio at 15% capital gains tax- Take a HELOC against an existing property- Private money loan from a trusted partner I have worked with beforeAlternatively, I could pool the reserves for all my properties to ensure I can cover anything immediate and know that I could always sell off a piece of my stock portfolio if needed and have the funds within 3 business days or set up a HELOC and only draw from it if needed.Appreciate any thoughts or what you have done in the past.
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20 January 2025 | 6 replies
They’ll coach you right into it being your own business that allows you to leave your W2, if that’s your goal.
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1 January 2025 | 1 reply
To navigate the nuance in the laws properly for compliance and to accurately structure our LLC, I am looking to consult with an attorney who knows immigration + business + tax laws.
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4 February 2025 | 24 replies
It is a lot of work to build property (more than fix and flip) so prepare to be busy.
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8 January 2025 | 5 replies
A study recently completed showed that most squatters are attracted to two properties: vacant and those listed for rent stating 'for immediate occupancy' or vacant.
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25 January 2025 | 12 replies
@Jonathan Blanco If you’re worried about $3000 in fees you’re in the wrong business.
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18 January 2025 | 3 replies
Hi guys, I have some questions about putting property into LLCs/protecting assets, any information is greatly appreciated: Question 1: my understanding is that an LLC needs to be actively conducting business in its registered state in order for the LLC protections to apply, otherwise a judge could potentially pierce the corporate veil.
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21 January 2025 | 5 replies
Thanks for the feedback; some quick stats: 9 doors across 4 states, about 50% LTV ratio with a Net Income of about 17% and cash on cash of about 3%.....in fairness those numbers include some overall business expenses not tied directly to one specific property.
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29 January 2025 | 10 replies
https://azbigmedia.com/business/economy/mesa-phoenix-rank-in...