
16 October 2024 | 4 replies
@Adolphus Fletcher For multifamily investing, most real estate investors typically use an LLC for several reasons:Liability Protection: LLCs protect your personal assets from lawsuits or debts associated with the property.Pass-Through Taxation: Income and losses from an LLC pass through to your personal tax return, avoiding double taxation seen in C-Corps.Flexibility: LLCs allow for flexible management structures and are easier to maintain than corporations.Anonymity: In some states, LLCs can offer a degree of anonymity if you use a registered agent and form the LLC in a state that doesn’t require public disclosure of members, such as Delaware or Wyoming.S-Corps are should be avoided for real estate investing because of various reasons.

17 October 2024 | 4 replies
While this option is the most accurate land valuation approach and least likely to be challenged by the IRS, it is also the most costly and can require several weeks to complete the process.Limited-scope land appraisal: A limited-scope land appraisal can be completed by a real estate professional who provides an analysis of sales comparisons or other limited metrics.

15 October 2024 | 6 replies
This one will require moving several walls to reconfigure the space.

15 October 2024 | 2 replies
REI Central is the most popular meetup, but there are several other that are worth attending as well.

15 October 2024 | 9 replies
I have several clients who have had good experiences with that strategy in Brimingham and in other markets.

15 October 2024 | 8 replies
According to several studies (Google it!)

17 October 2024 | 12 replies
@Toby Mims when our first manager stopped communicating, we interviewed companies with several licensed managers so if one had issues, it didn’t disrupt business.

15 October 2024 | 0 replies
I just need coverage for 2-3 months.I have already tried a large insurance broker in Florida who had no options, and I've called around several other companies that also don't know how to handle it.

15 October 2024 | 2 replies
Several of my investments have foreclosed or gone into default, and my earnings were negligible, but I have always gotten my money back.

15 October 2024 | 4 replies
We believe rehabbing this house could be a great addition to our portfolio.I’ve consulted several architects who’ve indicated that I could potentially build up to seven 1,250 sqft homes on the lot.