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24 June 2018 | 10 replies
If someone like Aldi/Trader Joes dropped in around 40 and broadway and a few savvy Airbnb pioneers were willing to set up near stitsel weller and Michters who are working on bourbon trail tourism now, then it could happen but everyone’s betting on that Nulu, Smoketown and Shelby park corridor right now.
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19 June 2018 | 3 replies
One thing that I have heard from other sources is ask for the trailing 12 (if I am understanding that it is the last 12 months of income/expense reports), is that something to ask the listing agent on a duplex?
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27 June 2018 | 9 replies
I'm trying to establish a business credit trail for my llc, so I can fund future flips.
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27 June 2018 | 2 replies
I am thinking of investing in a syndication that is buying a 157 unit apartment project located at 3117 S 192nd St. in SeaTac, WA 98188.It appears the property last sold in 2015 for $1.8Mn….the syndicators now plan to buy this property at a price that is about 60% higher and around 10.8X trailing 12 months gross rental income or 9.7X gross income projected over the next 12 months.They plan to renovate the units and increase gross rental income by 11-13% in each of the next two years and then level off at 3% annual rental growth thereafter.
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12 July 2018 | 13 replies
I am thinking of investing in a syndication that is buying a 157 unit apartment project located at 3117 S 192nd St. in SeaTac, WA 98188.It appears the property last sold in 2015 for $1.8Mn….the syndicators now plan to buy this property at a price that is about 60% higher and around 10.8X trailing 12 months gross rental income or 9.7X gross income projected over the next 12 months.They plan to renovate the units and increase gross rental income by 11-13% in each of the next two years and then level off at 3% annual rental growth thereafter.
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27 June 2018 | 4 replies
I get excited learning new things and I have been talking to everyone I know about it.Happy Trails-John Kedziora Jr
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28 June 2018 | 10 replies
In addition, when a property is passed from you, to S-Corp to LLC, there is no paper trail associating you with any homes if, for any reason, the LLC is sued, it can not be traced back to you personally.
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6 July 2018 | 8 replies
Similar to buildium itself, once you set it up how you want it, it works seamlessly and helps keep a paper trail of move in's, periodic inspections, and move outs.
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13 July 2018 | 6 replies
Any other paper trail?
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10 July 2018 | 3 replies
I disagree as to me they are both needed, but I understand that for some it may not be necessary due to their threat level.Also using entities will create additional costs (creation, maintenance fee) and additional administrative burden to keep its protection veil intact (multiple bank accounts, paperwork trail, tax reporting).