Stephen DeFalco
Tenant Trying to get out of Lease Early
7 August 2024 | 17 replies
Thanks for all the feedback thus far.One piece of information that impacts a lot of this - this is a condo in a larger building and the HOA doesn't allow leases under 1 year including MTM so we can't implement that strategy but keeping leases to a year makes sense.
Kyle Weinapple
LLC or not? If so, which LLC option is best?
5 August 2024 | 9 replies
Meanwhile they completely ignore the action items that should be implemented on a daily basis to greatly reduce the claims from arising in the first place and fail to take the steps that properly prepare for when the claims arise.
John S.
Is this the proper way to run a portfolio with multiple LLC's?
4 August 2024 | 5 replies
As long you clearly identify and track the expense per property (and you can do that in Quicken, with properties, categories and subcategories, or in Quickbooks), you’ll not need CCs and accounts per properties.Here are some graphical diagrams to help you on this quest (or confuse you further): - Asset Protection Decision Diagram - to help assess the need for asset protection, and what to implement: https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-decision-diagram - Asset Protection Onion Diagram - what, when, and at what cost one should implement in terms of asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2 - What is needed for complete asset protection OR the domains that need to be intersected to find asset protection
Mann Phan
Drowning in repairs, any advice would help
8 August 2024 | 46 replies
The properties here require a proactive investment strategy that most investors are not accustomed to or simply have limited knowledge and resources to implement properly.
Sam McCormack
NAR Lawsuit and Questions
7 August 2024 | 23 replies
Maybe we have a regime change by the time this is ready to get implemented and it all changes again.Buyers and Sellers need us.
Craig McCarter
Am I creating a potential discrimination claim for myself?
4 August 2024 | 8 replies
To navigate this, consider implementing a standardized application and screening process that focuses on objective criteria, such as income, rental history, and credit checks.
Michael Guido
Anyone hear of Vestright land deals
6 August 2024 | 49 replies
People want their money now, they don’t want to wait for decades to realize their gains.It’s an understandable objection because the land banking strategy does take a long time to implement.
Alan Asriants
What styles should I use in my renovations? PLEASE STOP USING GRAY!
2 August 2024 | 27 replies
So if your flooring is So if your flooring is light Oak, and the rest of your kitchen is white your backsplash can implement some light, beige and gold colors.
Kevin Farrell
Cost to put separate meters in older multi family
3 August 2024 | 29 replies
I just implemented it in a rental property acquired.
Michael Calvey
Unpacking the Rent Crisis: It's Not Just Greedy Landlords..
6 August 2024 | 54 replies
Speaking to investors last spring, AMH executive Bryan Smith touted a recently implemented "pet program" and said, "we're very excited about the opportunities we're going to have for ancillary revenue," referring to fees.