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26 November 2024 | 13 replies
I think the first question you need to answer is if you want to be an active investor or a passive investor.
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2 December 2024 | 35 replies
Family, friends, activities, etc.
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26 November 2024 | 10 replies
Someone has to manage the rental, and it's very active.
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5 December 2024 | 31 replies
We know working with policy makers is an important part of our growth and we actively are.
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25 November 2024 | 12 replies
I inquired about the possibility of a two-company structure: A traditional LLC that is the public face of the activities (collecting rents, paying contractors, etc.) and managing the Series LLC with each property in once cell in it (in this case, Series LLC is serving as a holding role).Again, one attorney said that would be much better than a standalone LLC and that is recommended approach, and the other said it is waste of time and money since there are some requirements from Texas Real Estate Commission, which is requiring being a licensed broker in the state to operate in the managing LLC.So, just want to hear what other Texas investors are doing when it comes to series LLCs regarding these issues.
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23 November 2024 | 9 replies
What you see on social media isn't real most of the time.
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22 November 2024 | 5 replies
Quote from @Michael Smythe: @Steve K.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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21 November 2024 | 9 replies
For finding off-market properties, PropertyRadar has been a lifesaver for me.On social media, I’ve had success connecting with property owners and fellow investors through Facebook groups and LinkedIn.
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25 November 2024 | 4 replies
A low-cost investment in fencing or a gravel driveway could make the land attractive for outdoor storage.Recreational Use: Open the land for recreational activities like ATV riding, horseback riding, or camping.
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26 November 2024 | 12 replies
I would focus on shorter-term activities to generate revenue (flipping, wholesaling, etc.)