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25 January 2025 | 15 replies
So...Assuming we're considering the advantages for American's to invest in Japan, I personally think it only makes sense in a select few situations.
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18 January 2025 | 8 replies
I say "may" because while I have read about this in several places, I have not personally verified this to be true.I usually pay contractors by check the minute the work is finished and approved.
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15 January 2025 | 8 replies
It might because they don't want any random person just setup a property management software to make it look legit and using it to scam people (tenants)
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13 January 2025 | 11 replies
If they've genuinely abandoned, you'll notice their clothing, personal hygiene, and things of value are all gone.
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9 January 2025 | 28 replies
How many properties have you seen in person during these years you've been looking, but not buying?
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19 January 2025 | 27 replies
Now the tenant may have a legitimate personal injury claim and more.3) "Citing Renters Insurance declined coverage"- So, tenant has Renters Insurance?
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1 January 2025 | 12 replies
What entry point do you usually do business in?
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21 January 2025 | 31 replies
With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.
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21 January 2025 | 5 replies
If one project slows down, others can keep moving.Stagger Projects: Start planning your next project while finishing the current one to keep your pipeline full.DSCR Loans: These loans focus on the property’s income, not your personal income, which can help you finance more properties.StrategyFlip and Hold: Flipping one property while prepping another for rental keeps cash flowing and builds your portfolio.BRRRR Timing: Since BRRRR is slower now, using DSCR loans to get multiple properties might be a good hedge.Good luck with your flip and future investments!
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18 January 2025 | 18 replies
During the slow season, do you personally focus on getting more rentals, focus more on family/personal life, or do you do something else?