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21 January 2025 | 0 replies
Here is an example with some figures:My LLC total investment = $204,000Partner LLC total investment = $196,000Value of project when complete = $500,000Each LLC value afterwards = $255,000 / $249,000The plan was for me personally to go get the refinance loan because the terms are so much stronger than if I went portfolio with the LLC.Loan total = $300,000 (keeping at 60% or under of value for best terms from the bank)Partner LLC payout = $249,000My LLC payout = $51,000In this scenario, I am struggling to see how to get the remaining equity in the project into my personal name?
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31 January 2025 | 3 replies
And will you be utilizing property management firms to help out?
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27 January 2025 | 17 replies
At the time QB was not the best for property management.
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5 February 2025 | 2 replies
Reach out to a LOCAL property manager that knows the rental market BEFORE you go under contract!
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7 February 2025 | 22 replies
I am a local Property Manager and would love to help in anyway I can of youd likeThank you!
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15 February 2025 | 11 replies
The local property will give you practical management experience.You might do better buying a REIT if you are planning to buy single properties far from home.
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30 January 2025 | 6 replies
Quote from @Doug Teasdale: Quote from @Dustin Tucker: Hello Doug, Here is the Arizona Association of Realtors Forms page.https://www.aaronline.com/manage-risk/sample-forms/residenti...You will probably need to use the Residential Resale Contract.For the Buyer as an example use "Doug Teasdale and/or assigns" This allows you to assign the contract to your wholesale buyer.
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29 January 2025 | 18 replies
Especially if you are hiring property management.
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22 January 2025 | 2 replies
It’s a pretty big project but great opportunity.
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15 February 2025 | 15 replies
For appointment setting: we offer an AI-powered re-engagement and appointment setting platform specifically built for RE investors that integrates with your CRM and ultimately makes your lead management process much more efficient.