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5 September 2024 | 4 replies
You do not need a separate LLC for each property or a series LLC!
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4 September 2024 | 2 replies
You also have to send them the letter explaining deductions so estimate TV value.
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4 September 2024 | 3 replies
Inbound includes channels like PPL, PPC, direct mail, radio, and TV, where sellers contact you because of your marketing.
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6 September 2024 | 9 replies
You do not need a separate LLC for each property or a series LLC!
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4 September 2024 | 9 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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2 September 2024 | 18 replies
Utilize the most efficient form of entities, Series LLC instead of individual LLCs, LLC instead of corporation (you can elect to have LLC TAXED as a corporation if that is desirable), LLC instead of limited partnership (eliminates the need for a separate entity to be created as general partner).
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3 September 2024 | 20 replies
I don’t know if Patrick was completely duped by Robert as well, but I do know that when I make inquiries, Patrick directs me straight to REM and doesn’t address the issues himself.Patrick seems to be a very intelligent guy and, honestly, I still occasionally listen to his educational content, but I will never invest with him again. is he licensed series 7 so he can legally take fees or was he a principal or employee so he could legally take fees ?
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27 August 2024 | 18 replies
After all, banks require a separate EIN for each series and each series is a separate entity for all purposes.My approach is to use both the series name and the LLC’s name in the EIN application.
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30 August 2024 | 3 replies
There's an axiom in Engineering that says one problem doesn't cause a failure, but combine a series of problems, and failure almost becomes inevitable.
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30 August 2024 | 7 replies
I call it a virtual concierge - Essentially, guests text a number with any questions they have (where's the TV remote?