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26 November 2024 | 19 replies
I must abide by the law and trust that mandate enforcement occurs even though I don’t see signs of it.
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23 November 2024 | 9 replies
At my level of properties, I don’t think the price per month justifies joining Buildium
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24 November 2024 | 9 replies
If you do not have experience with this, I would highly recommend getting advice/assistance from someone that you trust in the business.
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25 November 2024 | 7 replies
Just keep in mind, the costs of setting up and maintaining an LLC and the bank account that goes with it, not exorbitant but important to consider.I'm not a CPA or an attorney, but I would suggest taking the time to diligently put together a trusted team to facilitate your long and successful investment journey!
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22 November 2024 | 7 replies
From what I'm reading we don't lose our tax exemption in a trust, but you're not protected like an LLC.
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23 November 2024 | 8 replies
Excited about learning from those doing it at a much higher level than me, and networking and educational opportunities seem excellent as well!
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24 November 2024 | 5 replies
As a general rule of thumb if the property has a ground level commercial requirement in order to show sufficient hardship to seek a residential use change the property should be located in a location that is not conducive to commercial use i.e residential street, close but not as marketable as properties located on neighborhood's primary commercial corridor etc.
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25 November 2024 | 12 replies
I would say these are not deals for a retail investor.Regarding investing in syndications, its really a personal choice of being passive and trusting people when real estate is not your specialty - similar to stocks - I do not manage my stock portfolio because I am clueless on it and my wife is 1000x smarter than I am and manages it.
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21 November 2024 | 7 replies
The only way you can break that log jam right now is severely lowered fed rates, but the level of federal debt is such that they're in a no-win situation because there's going to be little appetite these days for buying 1% fed notes from overseas.The fed rates were kept too low for too long.
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23 November 2024 | 10 replies
With the LLC my mom just “does business as” my LLC because I trusted her but I also got her to do that because the legal age in Alabama (where i’m from) is 19.