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17 February 2025 | 5 replies
Yet another reason, (albeit not in the top three) why all rental property should be in an LLC with a wife or child as a partner (even .1%) so as to file the Form 1065.Number 1 is liability protection, Number 2 is privacy, Number 3 is ease of transfer for estate planning, Number 4 is possible sale of the LLC to conceal sales price (also called drop and swap), Number 5 is having a single entity for financial reporting, Number 6 is brand identity.
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14 February 2025 | 6 replies
Once renovations are complete, carefully screen tenants, set clear house rules, and consider furnishing the units with utilities included to attract reliable renters.
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20 February 2025 | 1 reply
**Mesa's Eastmark area** - Strong school districts driving family demand Property Types in DemandThe most profitable flips currently involve:- 3-4 bedroom single-family homes built between 1970-1990- Properties with pool potential (but without existing pools)- Homes with generous lot sizes that allow for expanding square footage Renovation Trends That SellPhoenix buyers in 2025 are particularly drawn to:- **Energy efficiency upgrades** - With Arizona's extreme temperatures, smart thermostats, improved insulation, and energy-efficient windows offer significant appeal- **Outdoor living spaces** - Covered patios, pergolas, and native landscaping that requires minimal water- **Modern desert aesthetic** - Clean lines, earth tones, and natural materials that connect to the Sonoran landscape- **Flexible spaces** - Home offices or multi-purpose rooms that accommodate remote work Challenges to Navigate Water ConcernsThe ongoing drought situation means water-conscious renovations are no longer just trendy—they're essential.
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31 January 2025 | 0 replies
Both units rented at $1500/mo with all utilities included.
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10 February 2025 | 9 replies
And since I am beginning I am looking for single family.
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14 February 2025 | 2 replies
Under expert guidance, I began investing in single-family homes, gaining firsthand experience in the art of deal-making.
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14 February 2025 | 4 replies
It's a pleasure to meet you, Andy.. are you considering venturing beyond single-family homes down the line?
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8 February 2025 | 2 replies
If you want to be mentored your best bet is to go work for a company - most CRE is not a single individual and CRE is fast moving and things happen fast and you can't structure a "follow me to learn" without working for someone
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17 February 2025 | 7 replies
I did something similar but with a single family home.
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11 February 2025 | 19 replies
I can tell you at our Phoenix branch every single employee loves what they do and take an immense amount of pride and accountability in every transaction.