Renay Reese
Open Carry, Concealed carry or no carry while do business
19 November 2024 | 111 replies
I don’t think it’s overkill anymore.
Will Gaston
Nearing 1,000 College Student Tenants: Here's what I've Learned
21 November 2024 | 305 replies
I certainly think one per property is overkill, but 50 units (in my market) would probably be too much.
Ryan Kline
Seeking assistance with setting up Illinois Land Trusts, Illinois LLC, Wyoming LLC
25 October 2024 | 6 replies
This is overkill on top of overkill.
Jacob P.
Bank that works well with multiple accounts
26 October 2024 | 6 replies
I think having one account for each property is overkill.
James Rowe
Startup costs for STR cabin in Gatlinburg
29 October 2024 | 19 replies
Most Gatlin guns are chambered for a centerfire rifle cartridge, and that's probably overkill for the backyard.
Mayer M.
Buildium for accounting too?
24 October 2024 | 18 replies
It'll be overkill, to be honest, but it's better than using software that lacks some essential features.
Zac Kucharek
Starting LLC questions - 1 or 2 member LLC
27 October 2024 | 13 replies
I was initially told from others I talked with on the subject that it is very complex structure for a single property portfolio and overkill.
Adriana Collado Hudak
LLCs for each investment property?
24 October 2024 | 19 replies
I think an LLC for each property is over kill but it may make sense if each of your properties has a lot of equity in them.It is best to bring your litigation concerns to an attorney and insurance agent to see if they would be able to solve them with either an entity or added insurance coverage.
Jasmine Wilkes
Cash out refi no mortgage on home
20 October 2024 | 13 replies
There is a lot more paperwork for these traditional mortgages and they will probably take 2-4 weeks longer, but you could save quite a bit in fees and rate.Otherwise, DSCR or a commercial loan is the way to go.You may be engaging in overkill if this is your first property and you are trying to put it into an LLC.
Jose Quinones
Double Net Lease
16 October 2024 | 5 replies
Unfortunately, I don't think it's realistic that you will find a generic commercial lease online that checks all the compliance boxes for your state, city, and county.There are limited service property managers that will do retail tenant placement (rather than full property management, which it seems like would be overkill for this one commercial unit you manage), and this would be included as part of that basket of services.You could also hire a lawyer, but I think that property management company will be more cost effective.