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30 January 2025 | 5 replies
You’ll likely need to look beyond the city limits (in areas that are still close enough to the city to benefit from its local economic tailwinds) if you want to find deals that pencil out.
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4 February 2025 | 9 replies
Zelle has monetary limits and the federal gov. sued Zelle for failure to provide its users from fraud.8) Understanding your local landlord-tenant laws, so you don't make a mistake or get taken advantage of by tenant--follow landlord mentor advice9) How will you handle maintenance issues?
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30 January 2025 | 4 replies
@Lillian Pintaro,Birmingham’s a lucrative market—it’s been my stomping ground for nearly 20 years, and you can find some excellent deals if you know what you’re after and dive deep by zip code, neighborhood, and city block.For what it’s worth, we manage 2,000+ units (many for out-of-state investors) mostly in the north and west part of town—so think suburbs outside the city limits like Graysville (35073), Adamsville (35005), Mount Olive (35117), Center Point (35215), and the like.Since you’re also open to the surrounding areas, places like Odenville (to the east) and Tuscaloosa (to the southwest) could be worth checking out.
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19 February 2025 | 15 replies
If your AGI is over $150K, passive loss limitations may apply.Setting up an LLC is straightforward but consider state fees, tax implications, and liability protection when making your decision.
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25 January 2025 | 155 replies
The Gator method isn't just limited to providing funding to wholesalers for earnest money.
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16 January 2025 | 9 replies
With the limited access in Yardi, you won't be able to adjust account trees and create multiple customized financial statements.
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21 February 2025 | 30 replies
Now there are tertiary markets in the US that will be low value assets but not super high risk those are your smaller towns but your upside is severely limited.
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24 February 2025 | 13 replies
In contrast, a traditional TN LLC may face challenges due to limited charging order protection, potentially making it less secure against creditor actions.To address these concerns, some investors use a two-tier structure where a TN LLC—holding the property—is owned by a Wyoming holding LLC, benefiting from stronger asset protection laws.
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30 January 2025 | 4 replies
I started off with the standard turbo tax for 1099s and it felt limited.
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10 February 2025 | 11 replies
I'm mostly a silent investor on that one, so I don't have much control over it.