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26 November 2024 | 35 replies
Several things to consider: 1) One of the main purposes of segmenting your assets into separate LLC's is so that your personal net worth or equity in other business ventures or properties isn't exposed, so unless you have a high net worth or a lot of equity in a property, it might not be worth bothering going the separate LLC route, especially when it restricts your financing of the property. 2) Most any commercial financing you get from a local bank for a small property is going to have recourse anyhow and require that you sign a personal guarantee, so you're still personally on the hook to the bank even in the case of a commercial loan. 3) If you're a newer investor and buying a deal that's tight on cash flow, or if you don't have a ton of cash sitting in the bank already, your greatest risk factor as an investor is your investment failing economically due to poor financing terms or not operating the investment properly, not because you get sued.
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15 November 2024 | 10 replies
I wasn't aiming for a high-end look, but I also feel that if I'm already putting in the effort then I might as well put in decent materials and invest in doing it right.This apartment is pretty small, 500 square feet.
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25 November 2024 | 19 replies
With a small portfolio, it will eat away at all your cashflow.
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21 November 2024 | 1 reply
Would be great to build a small group for zoom discussion.
22 November 2024 | 4 replies
., small houses or retail buildings) that can be torn down and redeveloped.Challenges in South Florida: Be mindful of market conditions and local regulations.
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26 November 2024 | 86 replies
And a very small percentage of these will have to be liquidated at a loss.
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21 November 2024 | 1 reply
There is also a small local Meetup that meets once a month.
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21 November 2024 | 2 replies
Then start sharing your expertise in small posts every day, at least one post.
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20 November 2024 | 4 replies
A few small changes can turn things around.If you want to brainstorm some ideas or need a second pair of eyes on your listing, feel free to reach out.
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23 November 2024 | 10 replies
Cash flowing in the type of market we have is extremely difficult, especially with such a small down payment.