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16 October 2024 | 4 replies
@Chris SeveneyI do want to minimize liability considering I intended to have multiple properties under one LLC capped at 10 just because somewhere along the line I was told this is good practice.
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17 October 2024 | 5 replies
@James Sedano If you feel this strongly in favor of having the trust, I would recommend a firm who specializes in estate law or has a practice group who does rather than a generalist.
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17 October 2024 | 4 replies
A qualified professional appraiser will generate a comprehensive analysis considering factors such as sales comparisons, highest and best use, market conditions, and income generated following Uniform Standards of Professional Appraisal Practice guidelines.
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16 October 2024 | 5 replies
Unfortunately, I don't think it's realistic that you will find a generic commercial lease online that checks all the compliance boxes for your state, city, and county.There are limited service property managers that will do retail tenant placement (rather than full property management, which it seems like would be overkill for this one commercial unit you manage), and this would be included as part of that basket of services.You could also hire a lawyer, but I think that property management company will be more cost effective.
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16 October 2024 | 14 replies
Since you mentioned investing out of state, I'm assuming you're asking about getting a partner online, or at least not a friend/acquaintance.
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15 October 2024 | 4 replies
I use Quickbooks online for the formal accounting so it's easy for my tax guy to get in there and do his piece every year, since I have an LLC per building.
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22 October 2024 | 15 replies
For me - Subto has been tremendously helpful for me.The post wasn't about BP, which I thoroughly enjoy visit regularly and use the online calc tools incredibly often.~ Randy
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16 October 2024 | 11 replies
Do you believe online accounting services like 1800 Accountant are good for the owner of a Real Estate LLC?
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11 October 2024 | 17 replies
Hello, I am trying to vet general contractors. What is the legal maximum allowed amount for a down payment (%) on rehab projects? How do I avoid a mechanics lien on a future property? How do I make sure the subs are p...
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15 October 2024 | 3 replies
I hold and practice real estate out of Texas.