Jacob Hrip
Book on estimating rehab costs
30 December 2024 | 4 replies
You can read a book and multiple books, but unless you are out there doing it (I.e. getting bids and getting contractors to truly get you an exact estimate) you will be far off from the numbers you want and may even lose money on the flip/rehab.The best advice I would suggest in my experience is that you should get into the line of work by either partnering with someone or working with someone on some projects prior to going into a flip on your own.
Devin La Croix
When can I buy again?
21 January 2025 | 4 replies
I also have a $175,000 line of credit ready if something catastrophic happens.
Christopher Lynch
How To Start a Syndication ?
10 January 2025 | 9 replies
The other method is to use a “safe harbor”, i.e., the specific procedures laid out by the SEC in Regulation D.
Jim Vasica
Painting pricing question
15 January 2025 | 6 replies
That is online with what we’ve been paying when we were able to find help.
Tuan Tran
Section 8 Fort Wayne, IN
15 January 2025 | 7 replies
Quote from @Michael Smythe: @Tuan Tran don't fall for all the hype about S8 by so called online "gurus"!
Michael Beirne
Section 8 BRRRR in Baltimore
22 January 2025 | 15 replies
A property manager that can assist with rent collection, tenant screening, maintenance, and run an online ledger for us to track expenses.
Avery Oblepias
Section 8 Tom Cruz
10 January 2025 | 22 replies
It's the basic formula for selling an online course that teaches you nothing you cannot learn on your own.
Matthew Paul
L.A county California fires
22 January 2025 | 13 replies
Hopefully, everyone stays safe and the firefighters can get a handle on it soon.
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.