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Results (10,000+)
Gabe Morrell Is Now a Bad Time to Start Out?
10 May 2024 | 19 replies
We still haven't paid the piper for "free" COVID money and everything else our government has done to create this inflation.Spend this time educating yourself, saving, getting clear on your goals, and studying the market.
Monte Bolds Seeking Guidance and Mentorship!
6 May 2024 | 7 replies
In reality there is a 4th one, and it is credibility.
Jimmy Humphrey Over Leveraged?
10 May 2024 | 116 replies
When I pay someone to do it my profits go down.Trust - Talking about paying someone. is really hard to find someone hardworking and trustworthy and even the best are probably not as good as you(vested interests)Local government - yeah, they can be a pain in the ***...I don't see using real estate as a form a diversification as wrong, but I also understand why people like it and are willing to invest all of their time, effort and money investing in it.  
Henry T. More Maui STR threats
8 May 2024 | 7 replies
Like you mentioned, 80% of our economy is based on tourism, so take a macroeconomic view on this, and all the subsidies we see in health care, construction, government jobs, low property taxes, etc. are all because they're being paid on the backs of tourists.
Steve Stinson Jeff Bezos’ Space Company Is Building an Engine Factory in Alabama’s ‘Rocket City’
7 May 2024 | 1 reply
The space company is expected to make around $200 million in capital investment in the state.Construction of the new building will begin once a contract with United Launch Alliance has been finalized and the City and County governments give their final public approval, Gov.
Zachary Schimenz WARNING: Don't Use Ohio Cash Flow unless you want to lose thousands of dollars
8 May 2024 | 112 replies
Why do you think the federal government regulates and investigates businesses like this?
Daniel Barad Wildly Different Rent Estimates
8 May 2024 | 26 replies
I’m not saying the tenants and the government are out to screw you, but they’re not on your side.
Shannon Garst Need advise on setting up an LLC
7 May 2024 | 13 replies
Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.
Jake Andronico Home Ownership Rate Actually Increasing...?
7 May 2024 | 14 replies
Firstly, various government policies and programs aimed at promoting homeownership can sustain or increase these rates, even amidst rising prices and interest rates.