Kayla M.
Looking for Guidance and Help to Get Out of a Baltimore Property
2 January 2025 | 53 replies
I’m not sure if that helps.
Michael Quarles
Anyone need help?
16 January 2025 | 2 replies
A few years ago I stopped coaching, I sold my print marketing company (Yellow Letters) to care for my wife. She went through a couple brain surgeries and major post issues. She’s better now and I’m friggin BORED.
A...
Sophanara Khoeun
New to Investing: Repairman? & Hire or Not to Hire a Property Management Company
27 December 2024 | 9 replies
OR do you call each individual specialist (plumber, electrician, mold expert, etc.)?
James Wise
Failed Leadership is why California is on fire.
18 January 2025 | 137 replies
Oh yeah, that's right, all but ZERO help or assistance.
Brice Alef-Torrisi
Managing finances between multiple properties
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.
Erick Pena
Advice Needed: Identifying "Good Deals" in Real Estate Investing
16 January 2025 | 12 replies
It may be helpful to analyze each deal as a flip and a BRRRR so you understand why sometimes it works as one but not the other.There will be some people that say it’s not all about the numbers though, and I would agree.
Alissa Schmitz
Has anyone tried TurboTenant's maintenance program Lula?
31 December 2024 | 8 replies
This plan covers 24/7/365 troubleshooting services from Lula's experts (such as guidance on resetting a circuit breaker), tenant coordination for scheduling repairs, and access to a network of vetted professionals.Once you're subscribed to Lula, you can set aside a pre-approved amount for repairs, which can be used without needing to contact you as well.
Christopher Morris
Is Relying on Cash Flow Feasible?
13 January 2025 | 57 replies
And experts said that was a good idea.
Basit Siddiqi
Investing in Spain: Good idea for non-residents(Americans)?
18 January 2025 | 19 replies
I am not an expert on the spanish tax system but I am reading upon it - It appears that your worldwide assets(Properties in the US) would be subject to Spain's 'Wealth Tax'.Spain is a great place to live...but their tax system is killer
Grant Woodward
Post cleaning pictures?
26 December 2024 | 9 replies
On the other hand, I'm not convinced pictures would always capture the details needed to serve this purpose.Curious to hear the thoughts of the expert hosts and property managers here.