Nick McKinnis
Would you choose Turn Key vs BRRR as an out of state investor?
5 December 2017 | 18 replies
The issue I have with a traditional turnkey is for me feel comfortable with the deal I'd have to run all the numbers myself, which really kind of defeats the entire point of paying for that service.It's easy (relatively speaking) to find a property remotely, it's far more valuable to have a reliable local team to take care of the property after I buy it.
Tony Sierra
Doing business under an LLC
29 October 2016 | 13 replies
However, not putting the properties into the LLC defeats the main purpose most people use them, which is for asset protection.
Paul Winka
Need help changing members of a single-member LLC.
3 December 2016 | 3 replies
It seems to me like holding onto any ownership in your personal name would sort of defeat the purpose of creating the trust in the first place.
Account Closed
Finding deals for an investor
1 October 2015 | 1 reply
Almost sounds like a wholesaler without tying things up into contracts (which kind of defeats the purpose of a wholesaler).
Kyle Soderman
House hacking with a property manager
7 August 2015 | 9 replies
If they did know, it would pretty much defeat the purpose of using PM.
Bill S.
Non-success Story
25 November 2015 | 54 replies
A place where we can post our defeats, where we can process what went wrong and share with others so they can avoid the pain.
Pat Noyes
Newbie “Bob” with little time
16 November 2018 | 61 replies
I hope you love it ;-)As a commercial size multifamily syndicator, hiring others to do the various jobs is a given and line item in my spreadsheet, since the scale prohibits any type of hands-on work from my side, plus it defeats the goal of becoming an investor with a passive and residual income.
Kevin O'Donnell
Should You Dissolve an LLC after a Sale?
22 March 2019 | 7 replies
So while you can continue using the LLC for future properties, it can defeat some of the purpose of the LLC in that you are attaching liability from different properties to the one you currently have in the LLC.Many investors who work through fix and flips have found the Series LLC to be the idea entity for this type of issue.
Rob Bergeron
Short-term Rental Moratorium Fails
4 January 2019 | 4 replies
https://insiderlouisville.com/government/short-ter...The investor community came together and defeated the Moratorium!
Beka Shea
Rental to Flip Deal Advice
7 March 2016 | 7 replies
@Beka Shea, the thing I am concerned about is having a recorded interest that creates an ownership that can go of record to defeat later claims.