
3 August 2024 | 3 replies
Please be gentle; I'm new at this and it's pretty complex :)Structure / Legal Details- we'd establish market value through a combination of comps from local real estate agent and an appraisal- attorney would establish all required "arms length" aspects including a mortgage at a minimum standard federal rate- LLC would pay us back based on a standard promissory note over 30 yrs Pros of selling to the LLC (I think)- A sale now would be the only time we'd be able to take advantage of the cap gains exclusion on this house bc we won't qualify for the "live there 3 of 5 years" rule due to the timing of our lease and our last time of residence.

2 August 2024 | 18 replies
The key is to build your portfolio slowly but consistently, focusing on quality over quantity. shervinrealtor.com

2 August 2024 | 1 reply
They apparently provide mentorship for all aspects of your business and Real Estate and Rentals is one of the areas mentioned as a potential business.

5 August 2024 | 21 replies
What investment will get you a greater return and fit with other aspects of your lifestyle and investment goals?

3 August 2024 | 9 replies
Consistent reminder of paying rent, automatic charging of late fees and ability to add addendum for changes in lease agreements.

9 August 2024 | 184 replies
I think one aspect to keep in mind, as I understand it so far, is that "business as usual" can still continue.

6 August 2024 | 29 replies
One of those provides direction, the other manages every aspect of the business to include who sweeps and mops and what paper to order for the cash registers.

1 August 2024 | 10 replies
Thank you.What aspect of syndication are you looking to learn more about?

2 August 2024 | 4 replies
Direct mail works but it takes consistency over time.

1 August 2024 | 7 replies
A trust is a more expensive route to go administratively (mostly amount of headache), but there's a good chance you don't really need an LLC anyway as you may not get the limited liability aspect depending on how you operate the properties.