Loren Souers
Moving Rental Property Into Revocable Trust
5 December 2024 | 6 replies
Putting a property into an LLC before placing it in a trust is generally recommended because an LLC provides a stronger layer of asset protection against creditors and lawsuits compared to a trust alone, effectively isolating the property from personal liabilities while still allowing for estate planning benefits through the trust structure; essentially, the LLC acts as a shield to protect the asset within the trust from external claims.Consider getting professional advice on how to structure your assets to shield and protect the asset(s).
Brandon Tusing
Other Marketing Platforms?
4 December 2024 | 4 replies
SEO optimization with targeted keywords can significantly boost visibility across these platforms.Strong photos and virtual tours tend to convert leads more effectively - tools like Asteroom or Sphere.app let you create these yourself.
Matthew Hull
How to Talk To Homeowners
5 December 2024 | 4 replies
Main questions should ask about the seller's:- Reasons/Motivations for wanting to sell- Desired timeline to close- Plan's after selling (relocation, reinvesting proceeds, 1031 exchange, etc)- Back-up plan in case they are unable to sell within the desired timeline- Reasons for not already selling to/with a investor or RealtorAdditional questions will depend on the type of seller lead i.e. pre-foreclosure, probate, fsbo, absentee owner, etc.Here is an example of a youtube search you can use to begin finding call recordings.There are 1,000s and you'll find that the best/most effective ones don't even sound like sales calls.
Michael Anderson
Do we need to update existing leaseto an LLC if we move rental property to an LLC?
1 December 2024 | 9 replies
Effective December 1, 2024, ownership of the property has been transferred from Michael Anderson to Electric Sage Brush, a limited liability company.All terms and conditions of this lease agreement remain in full effect, and all payments, notices, and correspondence should henceforth be directed to Electric Sage Brush LLC at the following address:2001 Space Odyssey Dr, Cody, WY 82414This change in ownership does not affect the tenant’s rights or obligations under the lease agreement.All parties sign to confirm the change.
Ryan Goff
Grocapitus - Anyone have experience with them?
11 January 2025 | 168 replies
So in effect investors already lost 15-20% of money.
Brian J Allen
The Dunning-Kruger Effect in Real Estate Investing
20 November 2024 | 4 replies
The Dunning-Kruger effect is running rampant in the forums.
Cole Harris
Considering Selling 2 Bedroom Cabin Gatlinburg
9 December 2024 | 8 replies
It's just a single family home so the rents don't effect the appraised value.
Chris Blackburn
Student Housing.... Why would realtor not put the project for sale on Costar vs RCM?
4 December 2024 | 3 replies
In my market, CBRE, Cushman, Marcus effectively never put their listings on Loopnet.
Glenn McCrorey
I quit my job today
29 December 2024 | 253 replies
@Sam Alpha I think this thread is effectively over.
Charlie Cameron
Assisted Living Investing Q&A!
7 December 2024 | 11 replies
I don’t know of any other opportunity where you can net $10-20K (in some cases even higher) per month on a single residential property.There’s usually plenty of room to bring investors in and everyone involved still win, even in todays higher interest rate environment.Financially, residential assisted living is usually a more cost effective option for families than alternatives.