Ricky Smith
Advanages of setting up a separately run management company?
13 January 2025 | 3 replies
Hi Ricky,Being in operation for 10 years with mid seven figures of assets and NNN leases,it would be wise to speak with your tax advisor regarding if the tax set up should be an LLC, an S-Corp or a C-Corp.It would also be wise to speak with an asset protection attorney to find out if this is something that might be beneficial to you in that area.
Mohamad Guene
Mobile home investment.
8 January 2025 | 3 replies
Consider structuring your investment through an LLC for liability protection and tax flexibility.This post does not create a CPA-Client relationship.
Kandice Morgenstern
lease clause for tenant expectations/responsibilities during mandatory evacuations
30 December 2024 | 4 replies
It's not your fault that the tenant has to vacate, so the tenant should have insurance to protect them against any additional expenses.
Marc Robinson
Community input on a small mobile home park, distressed with high vacancy
13 January 2025 | 10 replies
Here’s MY general feeling; if a MHP isn’t TOH, or I can’t easily switch from POH to TOH, then I might as well purchase an apartment complex and have less problems.
Jamie Tracy
Objections to losing Airbnb reviews when switching from Evolve
4 December 2024 | 12 replies
Most people switching from large companies like Evolve or Vacasa to my PM co are switching because of their reviews.
Travis Mullenix
Aloha Capital Reviews?
27 December 2024 | 27 replies
This is advertised as a “protected” note as Aloha is supposedly fronting the first $100k in the line of loss.
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
15 January 2025 | 1 reply
This means you can sell, lease, or pass on the property as you see fit, just like any other property owner.Full Ownership RightsYou have the same rights as a Mexican property owner, including the ability to sell, lease, transfer, or mortgage the propertyLegal SecurityThe Bank Trust is a well-established legal mechanism in Mexico, ensuring your investment is secure and protected under Mexican law.Renewable TermsThe trust is set up for 50 years and can be renewed indefinitely, allowing you and future generations to maintain control over the property.Estate PlanningThe trust makes it easier to pass the property on to heirs, simplifying the inheritance process and reducing potential legal complications.Although the process might initially seem complex, it is entirely managed and supervised by a reputable banking entity.
Nathan Noorlun
Recommend Property Manager in Sacramento CA
4 January 2025 | 5 replies
You certainly want to vet your property manager to ensure they are focused on balancing asset protection with tenant satisfaction.
Jacob Havlovick
Duplex House Hack
13 January 2025 | 6 replies
Also, take time to understand Arizona landlord-tenant laws to stay compliant and protect your investment.
Matt Weddon
Legally Rejecting Applications
2 January 2025 | 18 replies
Maybe they've been burned by landlords in the past and are being very careful.You can legally reject them based on personality, facial tattoos, body odor, or other factors, but you better make sure you can prove that it wasn't based on any protected class like race, religion, familial status, etc.