Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
@Brice Alef-Torrisi To manage finances for multiple properties, maintain separate bank accounts for each property if held under different LLCs to avoid commingling, which could jeopardize liability protection and complicate tax deductions.If properties are under one LLC, using a single account is fine but requires detailed record-keeping for each property.
Ashley Guerra
Central Jersey investors
9 January 2025 | 8 replies
If your not ready to spend money on a software you can use tax records.
Jake Bute
How to track time in business to accommodate 500+ hours?
9 January 2025 | 7 replies
Secondly, calendar and email functions/apps on computers and smartphones provide great records and a log.
Cheryl A.
Has anyone invested with Djuric Family Office aka Blake Capital Group
9 January 2025 | 30 replies
A sophisticated investor will also typically ask for the entire claimed track record and then run it through the wringer.
Chris Magistrado
Cybersecurity, Recruiting, or Real Estate?
14 January 2025 | 3 replies
Right now, you may be looking at it as scalable, but assembling a team without a track record is hard because some may end up being leeches.
Elvon Bowman
First time acquisition
13 January 2025 | 11 replies
My belief is that if you can find a good enough deal, you can make it work - even with limited track record.
Andrew Katz
What year do I count income for?
14 January 2025 | 6 replies
Keep records of the payment timing to substantiate your reporting if needed.This post does not create a CPA-Client relationship.
Griffin Malcolm
Options for Using Two Vacant Plots of Land
10 January 2025 | 8 replies
Chiefly, it says "Minimum lot size: 8,500 square feet, or 6,500 square feet for lots of record," along withMinimum lot frontage (width): 80 feet or 60 feet for lots of record.
Kin Lay
How to transfer my share of the house to my brother?
13 January 2025 | 4 replies
However, it’s important to ensure that the deed is properly recorded with the county recorder’s office to make the transfer official.
Jack Townsend
One Brokerage BRRRR Loans
6 January 2025 | 7 replies
DSCR Loans - Both Purchase and Cash Out Loans- Investors typically use these on the cash out portion of the BRRRR Strategy - Minimum Downpayment, usually 20% but some lenders offer 15% down - Max LTV on Refinances, typically 75%, but some lenders will do 80% - Minimum Title seasoning (since the property was purchased and recorded on county records) is 90 days, although some lenders have no seasoning at all as long as you can show rehab work completed. - 30 year fixed terms - Usually have a Prepayment Penalty from 1-5 years, although you can price out a 0 PPP for a higher rate or fee- Minimum Credit score is 650 usually, although you could do a lower LTV loan at 620.