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21 June 2024 | 10 replies
I would like to get all the knowledge I can and see in many different perspective on how you started and any tips that I could use.
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23 June 2024 | 105 replies
From an asset protection perspective, it is important to note that an LLC is a very efficient legal tool to hold and manage investment real estate and to isolate the risk it generates.
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22 June 2024 | 28 replies
It was a very interesting perspective and he is very highly regarded as well.I tend to personally feel the next 2 years are going to be mostly a lot of the same as now, operating properties to maintain rather than growing a ton.
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21 June 2024 | 10 replies
I work with a significant number of hotel entities, I can address this from a tax perspective, I'll leave the liability issues to the attorneys.The lessee / lessor entity structure can be used for a few different tax reasons:1) There is a REIT investor - in which case they can only have "Rental" type income, while hotel operations generates "Ordinary" income.
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22 June 2024 | 23 replies
Just another opinion from an inspector and investor perspective: it is important to have an electrical shut off switch (at least 6 switches or less) to kill all power to a home in case of an emergency.
20 June 2024 | 3 replies
I’m trying to solve for a lack of funds to put up down payment, not sure another lender is the solution here but open to perspective if you have something in mind
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21 June 2024 | 31 replies
Talk to enough homeowners and you'll soon find someone willing to sell at a wholesale price, especially if the owner lives out of state.Driving for Dollars: The last method is to simply drive around and look for homes in disrepair... things like uncut grass, broken down cars in the driveway, or properties that could really use a fresh coat of paint.
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19 June 2024 | 8 replies
Keep up with changes in the market, fresh ways to do things, and new rules in real estate.Good luck!
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19 June 2024 | 4 replies
Haven't done LTR though, I like that the tenants are new, fresh and employed so far and haven't had much incidents.
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21 June 2024 | 13 replies
Hi Jeff,As Dick said, Springfield is a challenging location from a tenant perspective.