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30 January 2025 | 21 replies
The reason I ask is at that rent point there is no profit on a sustained hold.
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30 January 2025 | 13 replies
Usually the numbers don't work to build in these neighborhoods, unless government tax credits, etc.Do you see the problem with your two statements:"The turnover costs could/will be high"and"How much more damage could they do?"
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21 January 2025 | 5 replies
The changes that have occurred in the past year is making sure the comps are truly there, getting the material costs down (or accurate) number with changes all the time on costs. 3.
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21 January 2025 | 10 replies
When a PM does charge a markup, he's usually getting a discount on the service to keep the cost stable.
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4 February 2025 | 17 replies
All you can do is work with what you know now and what is a reasonable expectation for the future.
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7 February 2025 | 9 replies
I made a few thousand less than expected but I figure that's just the cost of doing business sometimes.Based on my experience I wouldn't let the remote possibility that a homeowner might go into greed mode dissuade you from doing these deals.
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22 January 2025 | 39 replies
The reason we supply a couple packs is to avoid the cheap knockoffs.
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31 January 2025 | 22 replies
I will provide more information later.The two main setups are:1- Holding company in Wyoming if I want Charging Order Protections advantages, then a Series LLC in Kansas holding my Kansas RE and another Series LLC in Missouri holding my RE in Missouri.2- Holding company in Wyoming if I want Charging Order Protections advantages, then form as many LLCs as I want inside of it, one per rental or one LLC per 2 o 3 rentals.Fees are pretty reasonable and the same as they disclosed before the appointment, on their website or youtube videos.
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3 February 2025 | 79 replies
That seems reasonable and realistic, especially given the parabolic inflation during this hold time.
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18 January 2025 | 9 replies
Stating that they are using the mortgage of the investment property as a reason because it would put me above their threshold.