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Results (8,777+)
Christopher S. Unlocking Chicago's Community Development Grant Program: A Streamlined Financing Path
4 September 2024 | 4 replies
However, the new Community Development Grant (CDG) program simplifies access to critical funds, offering three distinct grant categories:-Small Grants (up to $250,000)-Medium Grants ($300,001 to $5 million)-Large Grants (over $5 million)These grants can support a wide range of projects, including office, retail, cultural, industrial, and mixed-use developments of more than 10+ housing units with ground-floor retail.
Marika Aubrey What would you do with 135k?
3 September 2024 | 6 replies
Maybe chat with a financial advisor and have them help you set up an IRA and throw 25k directly into that on a high/medium/low-risk level and watch that slowly grow as a slush fund for further investments. 
Matthew Dawson AirBNB Pensacola Florida
3 September 2024 | 5 replies
There are lots of options like VRBO, booking.com, direct booking platforms, snow bird sites and medium term rental sites. 
Sean Petrash Newb looking for wisdom
2 September 2024 | 7 replies
I'm thinking we may end up doing a medium-term rental like furnished finders instead.
Jerome Morelos MTR Income Loan Qualification
30 August 2024 | 15 replies
The medium-term rental (sometimes referred to as mid-term rental) is an investing strategy that combines elements of short-term rentals and long-term rentals.
Andrew Acuna What is everyone's obsession with hiring PMs!?!
4 September 2024 | 84 replies
One of the largest competencies of REI is scalability through other people's time (OPT), often times carried out through PMs.If your goal is to own a smaller portfolio, then perhaps doing your own property management makes sense.If you want to acquire medium to large scale apartment buildings, then you probably won't even get a loan from a commercial bank without proof of using a PM with a solid reputation.
Esteban Cardenas Using property manager to run renovation
30 August 2024 | 18 replies
Usually, your PM might do some light rehab/turnaround to get ready repairs, but in general you would hire a contractor yourself for a medium or bigger sized job. 
Kevin Luttrell How do you pay your cleaners?
30 August 2024 | 22 replies
If I was using 1 cleaner for 1 property I would have a Friday payday via PayPal or some other medium that is free and have them invoice by thursday for any and all clean done for the previous week. 
Salvatore Spano BOI (Beneficial ownership information)
28 August 2024 | 11 replies
However, if you have a Single-Member LLC (SMLLC), it will need to file the BOI.Entities that must file the BOI include:1.Small and Medium-sized LLCs: Typically required to file unless they meet specific exemption criteria, such as being highly regulated or having significant gross receipts.2.Single-Member LLCs (SMLLCs): Required to file because they are legally separate from their owners, even if they only have a single owner.3.Other Non-Exempt Entities: Any business not meeting the exemption criteria must comply with BOI filing requirements.Filing Deadlines:•Entities created or registered before January 1, 2024: Must submit their BOI by January 1, 2025.
Matthew Samson Corporate refugee (tech). Excited to get started.
27 August 2024 | 9 replies
For that reason, in the medium-to-long term I like the idea of multifamily residential for the more aggressive depreciation and ability to scale (vs single family).