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20 January 2025 | 10 replies
When it comes to analyzing properties, I’ve developed a specific checklist to make sure the home fits both resident needs and operational goals:Square Footage: Ideally, at least 2,000 sq. ft. to ensure enough living space for residents and staff.No Stairs or Pools: It reduces liability and keeps the home accessible for everyone (this is just my preference).Corner Lots: I love corner lots because they often provide extra parking and outdoor space—both of which are critical for families and visitors.
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21 January 2025 | 31 replies
With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.
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18 February 2025 | 180 replies
I live in Ocala and have never heard of this company, but that doesn't mean anything since I prefer to buy already built properties and rehab them.
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5 February 2025 | 69 replies
I look forward to hearing from you via email or if possible, I'd really prefer a phone call.
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19 January 2025 | 354 replies
Since the distributions are from a preferred return they are not guaranteed payments.
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6 January 2025 | 8 replies
If there is a choice to be made, it comes down to what an investor "likes" or prefers about one over the other?
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14 January 2025 | 17 replies
I would prefer an individual PM (not associated with any company) to manage my 3 doors in FL..
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10 January 2025 | 2 replies
I absolutely prefer renewals.
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28 January 2025 | 19 replies
I thinks what I’d prefer to do is use the BRRR method and have rental properties.
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2 January 2025 | 13 replies
Before you move out in two years, see what niche of tenants you like, and see if you can market accordingly.