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23 January 2025 | 7 replies
A knowledgeable attorney can advise here.Create a solid operating agreement: Since you own the condo with a friend, a clear operating agreement is essential to outline responsibilities, decision-making, and profit-sharing for the LLC.To save on costs:Look for real estate attorneys who specialize in investment properties and might offer package deals for the retitling, operating agreement, and filing the LLC.Shop around for title companies that can handle the transfer smoothly and provide competitive rates.Research DIY options for setting up the LLC if your situation is straightforward, though I’d still recommend a lawyer for the transfer process itself.Good luck with the process!
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17 January 2025 | 6 replies
They tested the appliances thoroughly and offered a one-year guarantee.
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20 January 2025 | 6 replies
Markets like Texas (San Antonio or Dallas) or North Carolina (Charlotte) could offer better cash flow with lower costs.
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19 January 2025 | 13 replies
The only thing I will say that I wish they offered within the app that they don't is a way to track mileage.
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15 January 2025 | 29 replies
If I create a debt fund that offers 9% interest on first lien notes with a 5-7 year payout, would that be attractive to high net worth investors?
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22 January 2025 | 22 replies
Offering discounts for weekday or longer stays could also help improve occupancy.
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21 January 2025 | 10 replies
I can also offer some insight into where you can find and create partnerships.
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16 January 2025 | 7 replies
I'm looking to not only share my experiences but also offer my services to those who might need them.
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23 January 2025 | 5 replies
Learn how to analyze deals, and analyze at least 20 of them just for practice and feedback before you make a real offer for any property.
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20 January 2025 | 16 replies
That is often a matter of opinion and will depend on the attitude of your municipality.Most municipalities do not require neighborhood approval, but will offer the public opportunities to provide input which will be considered.