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Results (10,000+)
Rakumarudu Nijam Land Trust Creation
7 May 2024 | 1 reply
I am seeking to establish a Land Trust for the purpose of acquiring a property while maintaining anonymity in a creative deal.
Marcus Auerbach Tenant wants to mount a TV in every bedroom
8 May 2024 | 14 replies
It's pretty normal I feel, but if you screen the right tenants and establish a good profile on them, then it would probably pay to keep them happy and let them mount.
Jamie Tracy Process for cancelling with Evolve and moving to local PM
7 May 2024 | 7 replies
I have a couple of PMs that I have established mentorships with, and I have access to a few groups via our PMS Hostfully that I can collaborate with, but I will take all the help I can get so if you can direct me towards STR mastermind groups I'll definitely take a look!
Ian Morales Building a team
7 May 2024 | 6 replies
Additionally, it's essential to establish relationships with other key team members, including a competent general contractor, insurance agent, and title company.Your agent plays a pivotal role in finding suitable properties and ensuring a smooth exit strategy.
Charlie Curtis Irvington, Indianapolis Outlook
7 May 2024 | 8 replies
It sounds like Irvington is established already but is it still up and coming?
Shannon Garst Need advise on setting up an LLC
7 May 2024 | 13 replies
Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.
Wayne B. New Member - Michael Torku
7 May 2024 | 24 replies
First, its best to identify a strategy, choose a market that aligns with it, and establish your Core 4.The main challenge I observed is that individuals often lack a clear end goal or strategy, or they select a market that doesn't align with it. 
Brandon Chen LLC virtual address needed?
6 May 2024 | 6 replies
You need this when you are trying to establish business credit.
Alecia Loveless Problem with Tenant Please Advise
7 May 2024 | 27 replies
@Alecia Loveless you haven't established proper boundaries.Also, willing to bet the other tenants in the building KNOW what this tenant is like and thus, has few friends in the building.How do you establish boundaries?
Marc Delgado Outsourcing Accounting/Bookkeeping duties
7 May 2024 | 16 replies
The company I worked for (very established and definitely not small) outsourced all of our Accounts Payable to India about two years ago.