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14 January 2025 | 7 replies
@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.
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11 January 2025 | 15 replies
Try interviewing at least three managers.1.
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9 January 2025 | 4 replies
Quote from @Jay Fayz: Hello everyone,I've recently been exploring real estate as a potential career path and I'm looking for advice on the best entry-level job to gain experience and knowledge.
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5 February 2025 | 2 replies
I feel I am qualified enough to get an entry level analyst position.
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6 February 2025 | 40 replies
Investors here consistently see properties that have cash flow from day one, and the barrier to entry is much lower than in California.From a tax and landlord standpoint, Tennessee is also attractive.
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6 February 2025 | 42 replies
Investors come to our market because of the low barrier to entry and that we have a solid tenant base that provides solid cash flow to out-of-state investors like yourself.
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16 January 2025 | 9 replies
I hate to say this, but if you want to get a job with Yardi as the main software, you will need to start at the entry-level accounting.
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27 January 2025 | 4 replies
Being able to look one of these sellers in the eye and tell them that you can, as a licensed agent, either list their property or attempt to assign the contract, assuming wholesaling is legal in your state, is a huge credibility booster.2) Get an entry-level job, hustle, save as much as possible and plan to house-hack when you turn 18-21.
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14 January 2025 | 5 replies
It’s true that many property management companies are now incorporating tenant benefit packages as part of their offerings.
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17 January 2025 | 4 replies
However, my true goal has always been to develop, buy, and manage real estate—something I’ve dreamed about since I was 12 years old.