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21 June 2024 | 12 replies
Most likely, yes, especially if you have a clause in your lease stating that the written agreement reflects the latest understanding of the parties as to the rights and obligations and that no other promises or statements shall be incorporated to the lease (a preeminence clause).
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23 June 2024 | 105 replies
Heck, you can live in Delaware or Nevada, have a LLC in those states, then like most investors have a investment property in lets say California where you are sued, and the courts will not care what type of LLC you are or where you are incorporated, or the state you live in.
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21 June 2024 | 11 replies
Its not advisable to hold real property in corporations, and S Corp are more corporate-like.Just stay with the default partnership and deal with the 1065 and K-1.More importantly, discuss with a qualified professional or two.
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20 June 2024 | 7 replies
It's so simple, anyone can pull it off, and many of my clients are first time investors employing the exact same strategy.I think you already have it pretty much figured out, but I might suggest incorporating some kind of creative housing in the mix to increase revenue, like STR/MTR or renting by the bedroom.
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20 June 2024 | 1 reply
Possibly incorporate a business.
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21 June 2024 | 10 replies
In summary: if a landlord has a provision in its rental agreement, which includes any rental documents as they are incorporated into the rental agreement, that violate any of the “10 Deadly Sins,” the landlord must return all rent that it received from the tenant during the tenant’s entire tenancy.
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19 June 2024 | 4 replies
Unfortunately, Marriott generally restricts franchisees from incorporating other businesses into their interstate properties, although they do allow for more creative designs in urban markets.According to the STR report I commissioned for the five closest competing properties, their occupancy rates were 73% in 2022 and 75% in 2023.
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17 June 2024 | 11 replies
Seeing their logo on a rental listing does not mean they own it.
17 June 2024 | 8 replies
As I am building out my pro forma, I keep running into this headache as to whether I need to incorporate sensitivity tables.
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20 June 2024 | 245 replies
We also believe that longer-term neutral real rates have shifted higher in recent years and have incorporated this into the outlook.Central banks are likely to remain on hold until mid-2024 in most cases with the BoJ bucking the trend with hiking in the spring & autumn and the PBOC easing policy to help support growth.