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26 November 2024 | 3 replies
This log should include:•The date of activity•The property worked on•Specific activities performedExamples of activities that typically count include approving tenants, setting lease terms, handling repairs, and other hands-on operational tasks directly related to managing the property.
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3 December 2024 | 21 replies
But, an LLC will not limit you from liability in total.
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26 November 2024 | 5 replies
I believe that any losses you have in the stock market could offset rental income.On the other hand, the better solution is to not have any net rental income.
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24 November 2024 | 8 replies
There are a lot of groups out there right now that had made-for-TV track records that will likely not be in business in a couple years.Focus on the experience of the team, how long they have been in the business, how many market cycles they’ve survived, their philosophy on leverage, and how many properties they bought in 2022/2023 (a good answer would be few, a great answer would be none).And do yourself a favor and read The Hands-Off Investor (in the BP bookstore) before you invest a single dollar in a syndication.
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28 November 2024 | 9 replies
Wish in one hand and spit in the other...
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26 November 2024 | 6 replies
You could run a syndication.But, at the end of the day, I would read a handful of books, like Don noted, and start talking to investors.
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1 December 2024 | 93 replies
@Mark Allen Any chance I can get my hands on this business plan with projected returns included?
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25 November 2024 | 9 replies
The total linear feet would be around 120’.
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25 November 2024 | 12 replies
For 2-4 properties.When it reaches 5, I plan to hand it over to a PM company. with only 2- 4 props you really do not need anything.
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7 December 2024 | 14 replies
We did some fix and flips on rental cabins (6 in total) a couple of years ago.