Deepak Malhotra
Fourplex in Georgetown, Texas, one of my worst deals
15 January 2025 | 8 replies
If I would have used competent management, the manager that I picked and vetted, then it would have cash flowed, assuming they could have filled the vacancies.The big lesson I learned is that the property manager selected can make or break a deal.
Jack Larkin
Lee Arnold's Capital Syndicate
21 January 2025 | 74 replies
I've even paid for a subscription to have limitless access to all articles on multiple of these websites.
Benjamin Blunt
How do you find Off-Market Properties?
29 January 2025 | 28 replies
Hey @Benjamin Blunt do you have a website that says that you help people with their real estate issues??
Amol Kulkarni
Amol Kulkarni - I need a PM
5 January 2025 | 4 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
Craig Jones
STR hotel makeover
22 January 2025 | 15 replies
One thing you might think of doing is having and promoting your own website to avoid the exhorbitant fees charged by the third party sites such as Expedia, Booking.com and Air BnB.
Account Closed
Property Management Fees in Rochester, NY
19 January 2025 | 1 reply
What specific websites will they advertise your vacant property on?
Christian Solis
Choosing my business entity
27 January 2025 | 3 replies
You can set it up yourself at www.sunbiz.org , which is the website for the State of FL Division of Corporations.
Matt Wan
How should I vet a small lending company
27 January 2025 | 7 replies
Google NMLS consumer access website.
Nichole Stohler
I finally moved to a self-directed IRA and here’s what happened
23 January 2025 | 16 replies
Hello All, I took another look at their website and was trying to understand the difference between the individual Notes and the Funds.Am I correct in my thinking that ONLY Accredited Investors can do the Note Funds, while Individuals can do the individual notes?
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.