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29 August 2024 | 0 replies
The price for these 4200 SF buildings are very low about $135,000 per unit leased at $1350 a month and they have high end custom finishes and private patios, covered parking for 2 vehicles and usually all individual meters.
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29 August 2024 | 16 replies
Figure out who your "customer" would be and set everything up to target them.
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30 August 2024 | 15 replies
If you are concerned about lawsuits, an umbrella policy may be a better choice.An LLC is useful for two things: anonymity and legal protection.
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31 August 2024 | 5 replies
The rep confirmed that the W9 form has whatever EIN we put into the application.)I think it is a bad idea to move 401k funds to IRA because IRA has less protection, and subject to UDFI tax if you buy a rental property with debt.
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30 August 2024 | 8 replies
Therefore, there is no frost depth protection (heaving and thawing, etc.).I am unfamiliar with the construction approach.
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30 August 2024 | 2 replies
A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.
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2 September 2024 | 24 replies
You may want to consider asset protection for the consulting business and/or real estate by holding in appropriate entities, especially depending on how risky the consulting is and how many assets are attributed to that business.
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30 August 2024 | 2 replies
The DSCR loan allows you to close and title will arrange the vesting to the LLC.The LLC will protect you and your assets against any renter liability/claims.
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30 August 2024 | 9 replies
Not sure if there is anything else but an attorney can advise other steps to protect yourself.
29 August 2024 | 70 replies
You may have slightly higher closing fees, but are well protected because you are in title initially.