
29 August 2024 | 8 replies
It took a while but I eventually learned that this is not a get rich quick game and that the online folks trying to sell their books or services were doing just that.

29 August 2024 | 6 replies
-where is the best place to find deals online?

29 August 2024 | 3 replies
Finding the true appreciation rate for specific towns can be a bit tricky, but you can start by looking at historical sales data, talking to local realtors, or even checking out some online tools that track market trends.If the condos you’re eyeing aren’t meeting the 2% rule, it might be worth reconsidering or at least getting a more detailed breakdown of potential long-term appreciation and other benefits, like tax advantages or rental demand growth in the area.

31 August 2024 | 14 replies
We will have a website that grows as our portfolio grows, and the advertising will be completely online via sites like VRBO.

4 September 2024 | 84 replies
You are not going to get this knowledge by reading a guide online or asking the question in a forum.

29 August 2024 | 2 replies
Do they have any google reviews or a presence online?

28 August 2024 | 7 replies
@Rhett Tullis is there much new apartment construction coming on line in OKC for 2024?
26 August 2024 | 5 replies
Usually these fall into 2 groups: Additional protected classes, mainly source of income, and inspection/registration requirements.

29 August 2024 | 5 replies
Consider attending local real estate meetups or joining online forums where local investors share insights and opportunities.Educate Yourself Continuously: The real estate market is constantly changing, so staying informed is key.

26 August 2024 | 8 replies
Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.