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2 December 2022 | 13 replies
And are the property managers meeting your expectations as well as your pro-forma?
10 November 2020 | 2 replies
I am excited to get started in wholesaling but I am not sure if I should form a business or just do the first deals in my name.
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4 December 2022 | 3 replies
S-corporations are still subject to some corporate tax provisions, which generally make owning real estate not as attractive for long-term ownership.In the simplest form, a single member LLC offers the best of both - strong legal protections if the LLC formalities are maintained (separate bank accounts, annual member meetings, etc) and easier income tax compliance on your Form 1040 (no double tax, no extra return, no corporate income tax rules).If you add a partner to a single member LLC (aside from another disregarded entity you own), you then have to file a partnership return (Form 1065).
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5 December 2022 | 1 reply
I keep hearing to form a holding company, and put each rental as its own llc.
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7 December 2022 | 3 replies
My question is: Should I form a Property Management LLC, RE Holding Co, or a Series LLC?
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13 July 2021 | 5 replies
When creating/reviewing a Pro Forma for a MF investment when they have both have Payroll and a Property Management Fee are they double dipping?
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12 December 2020 | 15 replies
Offers include price, timeline, contingencies, who pays for what as far as inspections, termite, repairs, title insurance, You may be able to get a basic template form a local title insurance company.
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4 January 2021 | 2 replies
Funds are much more challenging because they are often blind pools where the assets don’t yet exist.If you have the pro formas for the individual deals then you’ll want to compare the property level cash on cash returns and then the IRR and equity multiple.
12 February 2021 | 4 replies
I already completed my offer form as a rehab/resell applicant.
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17 June 2021 | 32 replies
I'd love to form a local group of people with solid character, looking to better themselves, that also are interested in local real estate investment and long-term financial freedom.