Ryan Lantzy
10 Units Wanting To Start To Self Manage - LLC Formation or Not?
21 February 2024 | 6 replies
It will add a layer of complexity and cost.
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
27 February 2024 | 2053 replies
. $5k in Year 1 as organizational costs and the remaining $1k will be amortized over 15 years.PS - Unless there is something else involved (layered entities, trusts, etc.), $3k per LLC is extravagant.
Cindy B.
Applicant refuses to give out SSN before signing Lease
21 February 2024 | 51 replies
I live nestled in a high tech area with friends who work in data security and its a common question/concern so it doesn't trigger undue alarm.Good argument for a bonded/insured PM in providing a layer of protection for both tenant and landlord
Logan M.
Red Vs. Blue States real estate investing
21 February 2024 | 45 replies
You have to take this post with a grain of salt but I have a lot of people that ask me where I buy and where I don't buy.For the most part, I invest in Red states, meaning states that tend to vote for Republican candidates but let me add a few layers to this:1.
Sarah D.
Cost of painting vs DIY
20 February 2024 | 62 replies
That is a lot of masking and or cut-in time, which is where you really win on the labor.
Wendy S.
LVP flooring brands for buy and hold
17 February 2024 | 7 replies
It’s more expensive, but is thicker and has a thicker wear layer.
Kyle Morse
Investing with family - get a promissory note?
16 February 2024 | 3 replies
Don't overcomplicate things early on, as your business grows you will add layers and professionals to your team.
Drew Gelinas
Renting Property to Insurance Agencies
16 February 2024 | 11 replies
Just removing a layer of filtering on this for my STR was the main concern.
Zak Cooper
Creating the ultimate Seller / Owner Financing Checklist
16 February 2024 | 5 replies
This can add a layer of security for both parties, ensuring that funds are properly managed and disbursed according to the terms of the agreement.Legal and Financial Representation: Both parties should have their own legal and financial advisors or representatives.
Carolyn McBride
5% Down Requirements for New Conventional Multifamily Investing Option
15 February 2024 | 2 replies
A few tricks that I like to use that will often get the AUS to approve, after it denies at first cut due to "risk layers" (low fico + using rental income to qualify + 5% down + 2-4 unit + 1 borrower):- Document add'l reserves.