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19 September 2024 | 7 replies
Your fee to your CPA will be double as well as your on-going maintenance to keep those LLC’s in compliance.With the simplistic process of having one LLC for operations and one Series LLC for asset holding; you will save yourself a ton of time, money, and headache which would occur if you move forward with juggling 4 LLC’s – yuck!
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21 September 2024 | 44 replies
Once the projected expenses are listed, estimate when the costs will occur.
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16 September 2024 | 6 replies
If you just need the "Im a professional: see my website" build it on WordPress.
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19 September 2024 | 11 replies
This has saved a few of my landlords from having to claim the dog bite liability on the landlord policy EVEN IF THE DOG BITE OCCURS OFF PREMISES.I would not recommend having your tenants get their renters policy from the same agent/company you have your landlord policy from.
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23 September 2024 | 81 replies
I told him the second occurance if it’s due to TP again then it’s on him.
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18 September 2024 | 6 replies
Meanwhile, they form LLC's in preparation for when claims or conflict will arise almost as if there is an acceptance this will occur.
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18 September 2024 | 7 replies
This account includes ESCROW IMPOUNDS being collected for the payments of taxes and insurance bills as their occur.
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17 September 2024 | 1 reply
The plan is to sell it in 4 years once appreciation has occured.
18 September 2024 | 3 replies
Something has occurred causing floors to begin to grow mold.
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19 September 2024 | 6 replies
Kind of a misnomer since you aren't really "refinancing" any previous loan, but new debt on a previously owned property that was owned free and clear will still have "refinance" terminology label.Correct on not needing to see a history of rental income - just forward-looking, there will be some variance among lenders and situations though whether the refinance can occur only after the lease has begun or if they will allow the refinance with just a signed agreement but not yet commenced (i.e. if the tenant signed an agreement today 9/10/2024 for a lease starting 10/1/2024)