
26 August 2024 | 10 replies
State Farm seemed to have the best rates for a company I was familiar with, there was some new online one that was lower, forget the name, but I was a bit unsure about using them.

28 August 2024 | 21 replies
In other words, if the person has an online presence, you can find out many things about them and then add them to your contact list.5) There is a nice follow-up feature that you can setup.6) Integrates with alot of the other different services that will allow you to "do business within your business".7) Can be used from within any browser and also has an IOS app for both my iPhone & Ipad.There is more that I can say about the service, but, I'll stop here.

28 August 2024 | 17 replies
He’s obviously not motivated by friendship, loyalty, reputation, fairness, morals or ethics.

28 August 2024 | 32 replies
Expand your network by attending industry events, joining online forums, and engaging with professionals in the commercial multifamily space.3.

25 August 2024 | 3 replies
Does anyone have a reputable roofing contractor to recommend in Tampa?

27 August 2024 | 5 replies
Check out other online guides available here: https://www.biggerpockets.com/guides3.

27 August 2024 | 6 replies
Great to see you putting the BP calc to work.Did you get an actual quote for insurance or is this an online estimate?

26 August 2024 | 28 replies
The reputation for Chicago continues to hold true.

26 August 2024 | 8 replies
Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.