
28 August 2024 | 22 replies
A good agent should be able to present multiple options and describe the pros and cons of either option/policy (whether on admitted paper or non-admitted paper).I hope you find this helpful.

26 August 2024 | 2 replies
Been trying multiple sites or softwares like dealio, crexi, zillow in finding the best deals.

28 August 2024 | 32 replies
There are multiple billion dollar companies dumping money into the city, such as Intel, Google, and Amazon.

26 August 2024 | 3 replies
After all contractor work is done in 10-12 months would than want to rent it out.Thanks Multiple issues here.

26 August 2024 | 13 replies
This is particularly important as I prefer to self-manage properties, and accurate cost estimations are crucial for maintaining profitability.Scalability: These rules help in maintaining a consistent evaluation metric across multiple properties and markets, aiding in scaling my portfolio systematically.That said, I understand that each investment should be evaluated on its own merits and that these rules may not capture the full picture.
26 August 2024 | 2 replies
Hey @Chryl WilliamsI've never run into this scenario where someone is being overpaid due to tenants having multiple voucher/programs... but I would keep it as is since the city typically is pretty thorough about issuing these payments.

28 August 2024 | 22 replies
Insurance is going to get more expensive, the government wants to keep people in homes, home equity financing is only growing in popularity, multiple generations are living under the same roof more, and all of those trends are going to lead to changes in how tax law is used and possibly the law itself.

28 August 2024 | 23 replies
I just need a few extra days to get my stuff out. lol I don't disagree, but just as you mentioned anecdotal cases on BP and elsewhere, I have seen it work well for multiple clients anecdotally as well.

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.

26 August 2024 | 6 replies
The other questions would be is it possible to purchase multiple properties from the 2-3 million?