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23 January 2025 | 11 replies
I've had tax companies lie to me about this and I ended up wasting money on unnecessary entities.
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10 January 2025 | 1 reply
Findlay is a real oppotunity beause you’ve got a combination of stable job sources, a decent population size, and often lower acquisition costs compared to bigger metros.About choosing an agent..
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4 January 2025 | 35 replies
For out-of-state investing, find a trustworthy property management company and network with local real estate investor groups.
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19 January 2025 | 61 replies
and I was just one little mortgage guy with 450 loans out.. can you imagine the banks with hundreds of thousands of loans and servicing companies.. so having mass equity or paid for keeps this from ever being an issue. then when I sold these off.. most for cash but a lot I did a 30 to 60 month ZERO interest deal on.... and boy you should have heard the cash flow cool laid drinkers..
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7 February 2025 | 31 replies
The macroeconomics for Columbus Ohio are on fire especially with population growth, job growth, and companies moving/developing here so there's amazing appreciation as well.
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10 January 2025 | 17 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases: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.
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18 January 2025 | 1 reply
With your experience and possible skillset, perhaps finding a company to sponsor you for a green card may be a better option?
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16 January 2025 | 2 replies
Some carriers won't allow insured to be a trust, so in that case do it in your company name with trust as additional insured.
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17 January 2025 | 5 replies
If you don’t, maybe work with or for an existing company first for awhile?
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21 January 2025 | 5 replies
@Bobby Paquette, someone had asked about this group a while back and I will say, there is a lot that scares me about this company.