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13 November 2018 | 4 replies
Fast forward 3 years... we’ve both built our credit, bought our primary residence, have two kids with a third on the way, solid middle class jobs, and some consumer debt.We were gung-ho to get going in 2019 after bonus and tax time to get a rental property finally.
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13 November 2018 | 6 replies
., transfer the LLC shares to a Trust at a later stage to avoid probate), and any other advantage that may come up down the road.Then the other LLC would be with my wife, so we can operate it as a business - tax advantages to using pre-tax dollars to purchase consumables used to operate the AirBnB, and then for her to derive an income at the end of each month.
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14 November 2018 | 10 replies
Big banks to me are only good for buying consumer products I probably shouldn't be buying in the first place.
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26 November 2018 | 15 replies
You will benefit from the education and networking, but more importantly, you can position yourself as an expert in the multifamily nicheIntern for a multifamily investor: find an experienced investor who is currently doing what you want to do and proactively add value to their business for free to get in the doorStart small: start with an SFR to 4-unit and work your way upAs you will notice, all of these strategies are time consuming.
20 November 2018 | 18 replies
The 203k is by far the most time consuming.
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15 November 2018 | 3 replies
@Jim Goebel I agree, it definitely takes away from the privacies of the consumers.
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24 August 2020 | 1 reply
I wrote a blog recently about some of the overall trends and gradual evolution of the PM industry primarily focused on the evolving consumer services expectations.
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25 November 2018 | 12 replies
The Lift The Ban group has paraded folks who've lost their rentals due to health issues, old folks who couldn't afford their rent in "their" neighborhood anymore, and a whole crowd of people in similar situations and things that have nothing to do with the cost of rent across the market.
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19 November 2018 | 11 replies
All the lease option/executory contract issues only apply to consumer transactions (intended for personal use and enjoyment; that includes 1-4 residential units).