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1 December 2024 | 377 replies
What is important is to realize the banks and bankers are putting their name on your success, its very important to have a strong mission statement and business plan when approaching future projects.
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14 November 2024 | 24 replies
--> Form an LLC in investors name is created for each property, with Kris listed as the partner on that LLC.
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19 November 2024 | 5 replies
I will still be managing the property, as well as be an inheritor, so ideally my name should remain on the title.
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14 November 2024 | 21 replies
Your best bet is to invest in growing areas that are landlord friendly and where you can either connect with or build a good team yourself- realtor, property managment, contractors, etc.
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14 November 2024 | 4 replies
The best bet is to talk to a small local bank (or three) about your options.
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15 November 2024 | 13 replies
@Andres Triveno, operating the LLC 100% means that we sign contracts and other documents as member or manager of the LLC instead of using our own names, we have a business phone instead of using our personal phone, we have a business checking account for business spend.
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23 November 2024 | 26 replies
@Michael WilliamsIf it’s who I think it is (Scottsdale was in the name) I heard they went under and your money is gone.
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12 November 2024 | 5 replies
Your best bet at this point is to get together with an architect and see what your options are.
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15 November 2024 | 3 replies
I currently only have 1 duplex, however I want to set this up right so it will work for any size portfolio.Currently I haveHome folder>multi family/single family/legal documentsInside the multi family I have Name of property-> general property maintenance/first floor/second floor Inside of first floor (the one currently rented)I have, pictures (before and will have after) / lease documents / a spreadsheet with each month, what day rent was paid, if it was late, if late was fee paid?
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19 November 2024 | 111 replies
Lawyers, police, emotional stress, your name associated with a shooting, stigma on your building, opportunity cost by being distracted, possible jail time... none of that is good for business.