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11 December 2024 | 2 replies
I also have tenants set up monthly on Lolo Gifts, which costs me 1.50 per tenant per month, and sends them a little monthly treat from a local business in town.
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5 December 2024 | 6 replies
If your pressure points are cash flow, don't max leverage.
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10 December 2024 | 6 replies
Typically I set up a zoom call so I can show a map and where the good investment pockets are in AZ and why.
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10 December 2024 | 39 replies
Our cleaning fees for the year were $40k, landscaping $2.5k, handyman $3k... all tasks that can be done by an operator and off set the loss of income from occupying the main house that brought in about $40k for 2024.My wife and I have decided that even though it makes good money, we have been in Texas for a year and we want to do something similar here and we are very much DIY people and don't want a PM company to run it to the ground.
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10 December 2024 | 16 replies
Sounds like no HOA, which is great--- but based on what you are saying I think it's worth setting it up.
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11 December 2024 | 0 replies
If you're not careful, the administrative requirements can trip you up—but when done right, the savings can be well worth the effort.For those of us scaling our portfolios or actively managing real estate deals, the conversation about structure isn’t just theoretical—it directly impacts how we protect our wealth and position ourselves for long-term growth.What I’ve found is that many investors don’t realize how critical their personal credit is in setting up these entities successfully and accessing the funding they need to operate and grow.
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13 December 2024 | 35 replies
We keep "kiddie" as we say backhome which is a pot of money set aside for rainy day fund in case we need to replace appliances, perform repairs or other capital improvements.
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2 December 2024 | 6 replies
Deadlines are almost a foreign concept in Mexico, so we've learned to set them far in advance of our desired schedule.70% funded.
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11 December 2024 | 13 replies
My question is, what about setting up an LLC and/or a land trust to avoid probate when you pass on?