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20 May 2024 | 19 replies
Initially I was planning to establish an LLC for liability protection, but after several consultations with different law firms, entity structures seem more complicated and much more expensive than what I need just starting out and with and no real wealth to protect.
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20 May 2024 | 32 replies
I will live there for a year (It was an REO and I signed an addendum that I have to live there at least a year) while I complete the remodel and then rent the property out to establish cashflow.
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20 May 2024 | 7 replies
The tax increase was 14.75%The 2023 tax without the special assessment was $4,054.04The 2024 tax without the special assessment was $4,274.83Here's the breakdown from the County's website:Values established by the assessor as of January 2, 2023Estimated market value:$334,000Taxable market value:$326,820Total improvement amount: Total net tax:$4,274.83 Total special assessments:$8,137.29Special assessment details:010272316GST IMPRV RESURFACING$247.350109602023VACANT BUILDING REG$7,703.710125121T052021 TREE REMOVAL-5$186.23
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19 May 2024 | 9 replies
I have already established a SD IRA with a custodian.I am looking at establishing a SD solo 401k with checkbook control with a provider at lower costs.I also am looking for advice if it is smart to leave my SD IRA with a custodian and pay the higher fees or if I should roll it over to a provider to minimize cost and gain checkbook control.Thank you.
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19 May 2024 | 5 replies
It's not the easiest way to make money, you need to stay on top of the logistics of things, and keep a good relationship with FedEx, but it's steady money, and once the route is established and you have some reliable drivers, it's good income.
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22 May 2024 | 74 replies
These events are a fantastic chance to connect directly with established GPs and operators, learn from them, and forge face-to-face relationships.SponsorNetwork also allows syndicators to submit their offerings for hosted webinars.
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18 May 2024 | 15 replies
If you hate living here due to the neighbor, you think you will have a thriving STR with excellent reviews?
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19 May 2024 | 13 replies
wherever you are looking for land I'd argue it's a bad strategy unless you are buying for pennies on the dollar. where I'm at in columbus ohio there is a 12 months supply of land on the market so it's a buyer's market. unless the market is a seller's market which can be established with a real estate agent (less than 6 months supply on the market, and really I'd say 3 months), then I'd avoid this strategy
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21 May 2024 | 44 replies
With your experience in mind, I’m going to get established with a few other lenders before I offer on another property and count solely on Constructive.