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14 January 2025 | 18 replies
Could you provide more details on how to get started with this approach?
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14 January 2025 | 16 replies
Sounds like a good approach @Jeremy Jareckyj!
9 January 2025 | 4 replies
One common approach is to form a legal entity, such as an LLC, where both of you are equal partners.
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12 January 2025 | 2 replies
Be professional, but also authentic and approachable.
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9 January 2025 | 4 replies
Here’s how you could approach this:Set Clear Criteria: Use objective criteria (e.g., income, credit score, rental history) to evaluate applications in the order they are received.Notify Applicants: Let each applicant know you will process applications sequentially and explain your timeline for review.Act Promptly: If the first applicant meets your criteria, move forward with their application and provide them with a clear deadline to sign the lease and pay the deposit.Move to the Next: Only if the first applicant does not meet the criteria or declines the lease should you proceed to the next application.By focusing on one application at a time, you simplify the process, maintain transparency, and mitigate any potential fair housing concerns.Lastly, since housing laws can vary by location, double-check Arizona’s landlord-tenant regulations to ensure compliance with any local rules about how applications are handled.Best of luck with your rental process!
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5 February 2025 | 10 replies
This approach can create a sustainable retirement income while preserving your retirement accounts for long-term growth.This post does not create a CPA-Client relationship.
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29 January 2025 | 25 replies
However, i've never really seen the logic in taking those paths when you can just take the safe and slow approach.
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15 January 2025 | 14 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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4 February 2025 | 24 replies
Damien,Build-to-Rent (BTR) is a great long-term wealth-building strategy, especially if you have a stable W2 and want to take a more methodical approach to investing.
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7 January 2025 | 22 replies
2025 is approaching fast, and I know many of us have already started our business planning for the year ahead.