
21 January 2025 | 31 replies
With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.

19 January 2025 | 354 replies
The annual 2% management fee comes out before you get your principal back.
2 January 2025 | 11 replies
What is your average rent amount for all properties managed?

18 January 2025 | 19 replies
Not only do some landlords allow their personal and political ideology to be in the mix, but many do not understand how to manage this population.

14 January 2025 | 9 replies
In the past two years we have completed over a dozen flips, We are holding 20 rental units self managed and 2 self managed Air BnBs.

13 January 2025 | 25 replies
You are also going to need to decide how to manage the property.

20 January 2025 | 62 replies
My operations manager just notified me that we did in fact fund 3 out of the 4 condominium deals you brought us.

13 January 2025 | 5 replies
I am hoping to learn about managing my own property and how to get tenants.

18 January 2025 | 3 replies
They agreed to pay in accordance to the lease and failure to manage to the lease is the #1 reason why landlords fail (Source: American Apartment Owners Assn).Cowboy up and stop having the tenant control your ROI.Best.

13 January 2025 | 11 replies
Our manager’s credit score requirement is 550, but even that has been hard to satisfy.