Ashley Mierez
2025 CA Fix and Flip Margins
16 January 2025 | 3 replies
I regularly get sent underwriting on value adds in excess of 20%.I do not do work intensive value adds to flip so my acquisitions have slowed significantlygood luck
ZZ Song
Any experience with Prime Corporate Services?
20 January 2025 | 31 replies
That’s half the cost of Prime’s reduced rate.2nd, like everyone is saying, the cost of setting up and LLC is less than $100… closer to $50… if you just do it yourself through the state (not complicated).3rd, if you want someone to help you draft your operating agreement, hire a local real estate attorney and it will be significantly cheaper than $1660… probably cheaper than $550.4th, if you want someone to do your taxes and help you get your max deductions - talk to a CPA who specializes in real estate and they can review your operating agreement to see if you’re setting yourself up properly, and they can do your regular taxes… and be cheaper than Prime. 5th, a separate CPA can work with you regularly to review your investments and strategies to determine good tax strategies as you look to execute any deals. 6th - don’t lock yourself into a crazy subscription model before you start making money!!!
Elizabeth L.
Has anyone had a successful tenant eviction in Union City NJ?
21 January 2025 | 6 replies
If you do not regularly file for evictions, you'd best retain an attorney.
Ryan Mcpherson
Rent out house and bleed for a while or sell it and hemorrhage once?
16 January 2025 | 23 replies
Balloons are not allowed to owner occupants, but you can raise the interest rate at 5 years.You should be able to at least get out clean in Austin.
Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
21 January 2025 | 11 replies
.: I haven't passed this past legal review so for what its worth: Part of my standard requirements for everyone include income is at least 3X rent, minimum credit score, say 640, Clean record and no evictions as well as deposit is paid in full at signing of lease and 1st month rent is paid in full prior to handing over the keys.
Aaron Wolman
First Turn over
11 January 2025 | 7 replies
The law allows you to charge for ALL cleaning, including trash removal.
Beau Wollens
First time fix and flip opportunity in Stamford Connecticut - Total Gut Renovation
29 January 2025 | 13 replies
so... clean-out and demo?
James Carlson
Are STRs as we know them dead in Colorado (and other places)?
27 January 2025 | 56 replies
The last time I stayed in one, I was charged a large cleaning fee and then met with a list of what to clean prior to us leaving.
Rafael Valdor
Are there red flags in PM agreement?
20 January 2025 | 2 replies
If it's beyond the regular duties, then yeah, a fee for his time is valid.
Pete Resendez
A friend's divorce mediation and a townhouse involved
14 January 2025 | 4 replies
RESOLVE this issue NOW and make a clean break.