Melanie Baldridge
One of the best strategies is this
22 October 2024 | 18 replies
Form an asset protection plan that's so complexed it must be described in flow chart form and must include a Wyoming LLC, otherwise what's the point if they aren't "anonymous"?
Robert Morris
Your tenant your manager
23 October 2024 | 8 replies
This is different if you own a 100 unit complex and need an onsite manager, you hire the person knowing they are hired as an employee and will have a place to stay while they are there..
Abraham Orozco
Starting out in a community property state
21 October 2024 | 2 replies
Hi there,It sounds like you're looking for some advice on how to navigate a complex situation with your brother and your wife.First, let's address the joint account and mortgage issues.
Paul Ross
First Flip, how do you avoid scope creep and diminishing returns?
19 October 2024 | 2 replies
As I look at it .. there could be simple ways to "Spruce it up" and then there can be more complex ways.
Tony Thomas
Should I start a property management company?
24 October 2024 | 12 replies
However, this approach might add complexity, such as additional tax filings, self-employment taxes, and administrative costs.
Clint Absher
Starting From Scratch - 2-4 unit multifamily or 5+ unit - Long Term Rental
22 October 2024 | 7 replies
If you see yourself owning 2-3 apartment complexes, I would start with at least 4 units, maybe even 8-16.
Kristin Johnson
Info For Setting Up LLC Business Account: Is Online Or Local Bank Better
21 October 2024 | 2 replies
I’ve heard good things about some of the newer online options, but make sure they can handle the complexity of a growing real estate business.I had a friend in Scottsdale who ran into an issue with her lenders when she tried to close on her second property.
Joseph Fenner
How do I buy 10 rental properties in 1 year?
30 October 2024 | 94 replies
Growing to the large number you are looking at in the time frame you want will require outside equity investors and will require a large team to help manage and support your work (at which point you'll probably move to apartment complexes rather than single family homes).
Brody Veilleux
House Hacking Combined with BRRRR
29 October 2024 | 24 replies
@Brody VeilleuxHouse hacking and BRRRR (Build, Refinance, Resell, Reinvest) strategies are effective for property acquisition, but they carry risks like delayed refinancing, increased debt, and property management complexity.
Fausto P.
Does taking on my father's property make sense as a first time investor?
21 October 2024 | 15 replies
.: There are ways for him to sell the property to you even with a mortgage, but there's a lot of complexity involved and I don't recommend it.