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25 October 2024 | 66 replies
Mine were: 216 Earl Street, Daytona Beach, FL, purchase price $325,000 and $289,0001189 Jimmy Ann Drive, Daytona Beach, FL purchase price $89,000 and $135,000There were 4 contracts, two for each address with the different prices, had the seller's name and his name as the buyer.
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29 October 2024 | 131 replies
No subjects, new learnings, etc. are being taught.Systems, processes, and operations are outdated and poorly managed.
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24 October 2024 | 6 replies
Now I have the opportunity to buy another co-op (the one next to mine), but I don't have more cash, maybe I can apply for another HELOC to get around $100K, but still will be short for $50K since the asking price is $150K.
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24 October 2024 | 7 replies
The more properties and equity you use, the bigger your line of credit can be.I let mine go a few years ago.
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23 October 2024 | 1 reply
The owner/operator must reside within 75 miles of the Short-Term Rental during periods in which the Short-Term Rental is rented. a.
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23 October 2024 | 7 replies
What MAY make sense is to setup a Master LLC that operates like a PMC and collects all your rents, pays all your property-related expenses, etc.The owner of each property (you, LLC, trust, IRA, ect.) would have to execute a management contract with the Master LLC, so the Master LLC could legally act on behalf of the property owner(s).Check with Account Closed read our
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27 October 2024 | 25 replies
Prior to investing in anything for myself, I also set a clear expectation of a result that I require- mine was to acquire a BRRRR property, which I was able to achieve.
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25 October 2024 | 2 replies
By maximizing net operating income now, you are positioning yourself for a stronger refinance when rates drop.Looking Ahead: The 2026-2027 OpportunityIn my view, 2026-2027 is shaping up to be a critical period for the real estate market.
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24 October 2024 | 5 replies
A PM company in California is required to have a broker officer, so either your dad can take on that role and put you in charge of the operations, or you can obtain your broker's license first.
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18 October 2024 | 7 replies
We've already put together an LLA, and found a generic operating agreement online.