Dan N.
Can a Wyoming LLC own an investment property in ANY state?
9 January 2025 | 18 replies
I ask because most who write similar posts on BiggerPockets are unable and I am sorry but "A unique blend of benefits that are favorable for R.E investors who are sole proprietors" sounds like something a fear mongering asset protection company will tell you before upselling the expensive and unnecessary asset protection product.
Chris Kittle
Wyoming LLC Set-Up and Recommendations
30 December 2024 | 10 replies
The proper answer is "it depends" I don't know anything about your case.I do prefer simple over unnecessary complexity.
Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
11 January 2025 | 50 replies
And you can also buy them when they're beaten down and underpriced due to market overreactions like currently, due to rapid rise in US 10yr rate.I've read and watched multiple Good Egg offerings and they are typical of many feeder funds and to be fair like many primary GP/syndicators as well for both taking on unnecessary risks and also charging confiscatory fees, as #1 they have no skin in the game and #2 they get a big cut up front whether project fails or not, find GPs that are investing >10-15% of their own cash into every deal.good luck and sorry this happenedlooks like they are a fund of funds setting up crowdfunding to invest in other offerings.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
13 January 2025 | 8 replies
The online eFile providers can do it for you, sometimes for free.Warning: Email is NOT secure, and you will expose your contractors to unnecessary risk of identity theft.
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
15 January 2025 | 9 replies
For new or small-scale wholesalers, these costs may feel unnecessary if they’re primarily focused on off-market deals.3.
Zachary Kessler
Section 8 Rentals
24 December 2024 | 5 replies
You may be profitable, but I'd prefer to avoid the possibility of having to do unnecessary repairs or not holding my tenants accountable for damage when I know their actions might have caused any unforeseen damage.
James Syed
5 Day Notice Illinois
5 January 2025 | 18 replies
Failure to adhere to the strict requirements of notice may jeopardize your case and cause unnecessary delay in the processing of the eviction.
Fed Finjap
Reflecting on my first year house hacking a 3-flat in Chicago
2 January 2025 | 11 replies
I agree that for more significant renovations, hiring contractors that are experienced can help make timelines more predictable and avoid unnecessary delays.
Satyajeet Dodia
Is my Entity Structure overkill ?
20 December 2024 | 28 replies
Quote from @Bruce Woodruff: Waaaay too much, lol it must be exhausting running all of those unnecessary companies.
Rene Hosman
What do you consider a "good" cash flow for a property in 2024?
7 January 2025 | 22 replies
A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, that you should sit down and assess your finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.