
20 November 2024 | 31 replies
The fact this type of topic exists is mind blowing.

15 November 2024 | 7 replies
Most of what they recommend only makes sense from an operational standpoint if you are a larger investor and have a team to help you manage everything.Also, ensure your REI-savvy tax pro and your REI-savvy attorney link up during the entity structure creation process so things are optimal on all sides.Just something to keep in mind as you're beginning this journey.Answering your question, you'll want a checking account (minimum) per subsidiary entity and for your parent entity.

13 November 2024 | 5 replies
Our tenants don't seem to mind a security deposit (we charge 1/3 a month's rent), and we've already set up our systems to ensure no co-mingling of security deposit funds and rent (or other personal) funds.Still, I'd love to hear any experiences for good or ill that anyone has had with their services.

12 November 2024 | 5 replies
Keep in mind the law is new, and many cities are still working out the kinks in it.

14 November 2024 | 10 replies
I am still early in my journey of REI and wanted to buy property with end in mind.

15 November 2024 | 7 replies
Anyone anyone buying these is a commercially minded buyer and has a clear requirement for cashflow.Sidenote, while banks and realtors consider residential 1-4 units, the county only sees residential as 1-3 units.

13 November 2024 | 22 replies
(Keep in mind controlled group rules, meaning if you own a business with W-2 employees, you often can't just setup a side business and open a Solo without giving benefit to your W-2 employees with your main business - another area not often discussed in this industry until it is too late). 5) Lot's of pros with Solo 401(k)'s as you can tell from above with the UDFI exemption on debt financed real estate and ability to make larger contributions.

17 November 2024 | 32 replies
I live in a trailer court a mobile home trailer house I own just pay lot rent so other night we minding our own business he came over to stay the night because it was day of work and management was drunk didn't know to later but she was knocking on my door I didn't hear her as I was cleaning up a mess in bathroom my son made my older son said someone at door it was management she yelled screaming call my man all kids of names yell at me about my disability saying things about his sex offender registry and such in front of my kids made a much of threats and bunch of other things were said but problem was she did it drunk and had most of the neighbors on my street gathered together to watch or do this and then gathered around gossiping about me afterwards.

12 November 2024 | 2 replies
Hello @Roger Brittingham,Moving singlewides could be a great low-cost investment, but be mindful of these considerations:Moving & Setup Costs: Relocating singlewides can be expensive (transport, permits, setup, utilities).

11 November 2024 | 10 replies
My name is Eli and I’m interested in doing fix/flip and BRRR’s I’m glad to be apart of this amazing community and can’t wait to connected with other like minded individuals!