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2 July 2024 | 3 replies
I do know that the more complex/custom you make it, the harder it is to maintain.
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2 July 2024 | 3 replies
Manage the Property: If renting, manage it effectively and maintain communication with the seller.Advice and Tips:- Educate Yourself: Understand legal and financial implications.- Build Trust: Establish rapport with the seller for ongoing communication.- Be Clear: Define all terms clearly in the agreement.Mistakes to Avoid:- Incomplete Due Diligence: Conduct thorough inspections and financial analysis.- Unclear Documentation: Ensure agreements are well-drafted to prevent misunderstandings.- Market Trends: Consider future market impacts on property value and income potential.
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2 July 2024 | 10 replies
You need to ensure the work is done professionally to maintain a safe living space.
2 July 2024 | 8 replies
I do think bonusing her on getting and or maintaining 95% occupancy is a good incentive.
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5 July 2024 | 73 replies
Reason is the property has been maintained, it has a tenant and cash flowing and it's a good way to get your feet wet without starting from square one, and you may walk into a situation where you have equity.
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1 July 2024 | 5 replies
My goal is to determine if I can still use this LLC as a holding company while maintaining liability protection.
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1 July 2024 | 12 replies
If I maintain proper records I can't see why the personal credit card is a bad option.Any opinions?
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1 July 2024 | 13 replies
Regarding OH specifically, some good info on the OH secretary of state website:https://www.ohiosos.gov/businesses/information-on-starting-and-maintaining-a-business/starting-a-business/Scroll down to...Guide to Starting a Limited Liability Company in Ohio
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1 July 2024 | 27 replies
Many wholesalers fail to understand the long-term value of maintaining strong relationships with buyers.
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30 June 2024 | 4 replies
LLC is VERY IMPORTANT to organize in the correct states that don’t require formal records to maintain separation between LLC and personal.