
2 September 2018 | 1 reply
@Gabrielle Martin Contact the local construction equipment dealership sales people.

2 September 2018 | 2 replies
LLCs that are thinly capitalized are more likely to be viewed as “shells,” thereby losing their capacity to shield the members from liability.or fails to maintain a separate identity from its owners ( using the business bank account for business purchases, maintaining separate books)Conversion of entities Assets for Personal Benefit:Another factor that poses a risk of piercing the corporate veil is the draining of entities assets (such as payments of large salaries to shareholder-employees) that leaves the entity with inadequate resources to pay its debts.Do not commingle personal and LLC assets.Maintain a separate LLC bank account.Execute an operating agreement.Follow the provisions of an operating agreement.Have LLC member meetings according to the operating agreement.Title property in the name of the LLC.Maintain insurance on LLC property in the LLC's name.Sign all LLC documents in the LLC's name, not the members' names.b.

4 September 2018 | 80 replies
It just means they will pay for the bill not equipment (except modem).

3 September 2018 | 0 replies
This past May, the HOA replaced the roof and is currently also replacing the siding to the outside.Both four plex's are identical so for this breakdown, lets focus on the first four plex.

24 September 2018 | 147 replies
Our strategies are identical.

14 February 2019 | 6 replies
Divide it by 12 then that's a monthly income of $610.Cash Flow: $610 (income) - $466 (expenses) = $144Cash on Cash would be: $1,728 / $29,922 = 5.70% It's not outstanding but at least, it's not negative.Another option is just to sell it and start over (now at least, am better equipped with this experience and not make the same mistake).Any other advice for me?
9 September 2018 | 17 replies
If it's not a broken pipe, immediate fix needed, or requires special equipment, I do most of the work myself.

9 September 2018 | 4 replies
I could be completely wrong about this but the units are all identical so I could just appraise one and offer the same amount to each owner (I'm aware some individuals will want more than others).

5 September 2018 | 7 replies
When you hear "small business loan" that is normally for office equipment, inventory, things other than real estate.I understand the motivation - I once thought as you do - but that's the reality of real estate lending.