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7 November 2024 | 22 replies
She/he should be able to provide you with a chart of accounts to choose from, such as Repairs & Maintenance, Supplies and Amenities, etc.
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5 November 2024 | 15 replies
If you have the WY holding company for your corporate structure, DO NOT just quit claim the house into your LLC.
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29 October 2024 | 1 reply
Hi all,I'm under contract on a home in Cleveland Heights and inspector suggested a structural engineer look at a few things.
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5 November 2024 | 11 replies
As mentioned if the holding company is not solely holding or owning assets together funneling monies as a loan would further complicate if there is a default but also cause you to file extra tax returns = $...Yes you are taxed on interest income or any money that you make, does not matter how you structure it, what comes into play is not how much your taxed but how much you pay someone to figure out for you how much you need to pay and each layer is an added cost.
3 November 2024 | 0 replies
The property had good bones and a solid structure, making it a great candidate for renovations that could increase its value.
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28 October 2024 | 8 replies
I'm familiar with how a hard money loan is structured, but structuring a deal from a private lender seems like the wild west.
3 November 2024 | 0 replies
The property had good bones and a solid structure, making it a great candidate for renovations that could increase its value.
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31 October 2024 | 25 replies
Be aware there are infrastructure issues that affect Jackson involving the water supply, road issues, etc.
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5 November 2024 | 22 replies
Total still owed $13,600 (rent, late fees, legal fees) and $550 for the locksmith.Place reeks of pot, she had her adult son, who by the paystubs left behind only made $152 a month and spent his days laying on the couch (which reeked of pot) smoking and playing x-box (abandoned and power supply cut up).
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3 November 2024 | 6 replies
bump this up to 4 units no reason to only build 2. you could go vertical on top of this 2 more. switch to asphalt. save every penny you can where you can. we build triplexes in columbus ohio ground up and similar structure. mostly urban core where the numbers are the best