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21 January 2025 | 31 replies
With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.
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23 January 2025 | 7 replies
Lenders that don’t require an appraisal will perform a desktop appraisal but will typically have a very conservative view on the value of the property to protect the company’s investment.
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22 January 2025 | 22 replies
Michael - you can use this platform and FB Groups in order to find off market, live STRs in all of these neighborhoods.
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11 January 2025 | 0 replies
Open to ocean view, close to tourist areas by transit, farm ground or ranch land.
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1 February 2025 | 56 replies
My view is there is more protection on a wrap than a sub to and with the right disclosures and underwriting can be an alternative option.
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7 February 2025 | 2 replies
I view these as fear-mongering, and it makes me bristle.
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27 January 2025 | 21 replies
I view real estate investing as another wealth building tool in my tool kit.
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27 January 2025 | 11 replies
You can view homes with the help of a buyer's agent without any down payment required.
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25 January 2025 | 8 replies
And the big ones are: firepit lit after dark, a kitchen with fancy appliances, and of course, the amazing views if you have them.
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11 January 2025 | 11 replies
Airdna is a good resource and tool, but I wouldn't rely solely on that platform for data.