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12 January 2025 | 2 replies
I have so many questions though.1) Can anyone tell me more about series LLC and whether it's necessary to hold each property in a separate LLC2) What are your thoughts on a trust, rather than an LLC - advantages, disadvantages etc?
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9 February 2025 | 36 replies
@Tramaine Robinson I can’t pinpoint a moment in time where it “clicked,” but instead I’ve found a series of small victories that yielded improvements.My first profit gave me confidence.
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23 February 2025 | 246 replies
We assure you, if you have been approved for a redemption/distribution, your approval will remain valid and remain in que for payment once the freeze is lifted.The following link is to the 1U Amendment to our SEC Offering Circular and SEC Offering Circular itself. https://www.sec.gov/Archives/edgar/data/1721469/000110465924043461/tm2411068d1_1u.htm https://www.sec.gov/Archives/edgar/data/1721469/000110465922002821/tm222539d1_partiiandiii.htm It’s vital to understand that the journey forward for us has a series of progressive steps: 1.
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26 January 2025 | 24 replies
If the tenant doesn't move after receiving the eviction notice, there are a series of steps you need to go through to get them out (and it can be a lengthy process).
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19 January 2025 | 9 replies
Generally, the biggest difference is that DSCR Loans often have prepayment penalties attached which typically will have a 1%-5% fee if you prepay the loan within the first five years so its the "risk" of having to pay a little extra fee if you sell or refinance the property pretty early on.PS - check out this series of 10 articles published on BP on all things DSCR Loans which can give you a full rundown on everything you would need to know when using this type of loan!
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19 January 2025 | 9 replies
@Spencer Cornelia I just listened to your podcast episode two days ago and read through your 6 part series.
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16 January 2025 | 17 replies
Hi, you seem like a potentially good candidate for DSCR Loans, a loan product that was essentially designed for exactly this - investors that want to build a portfolio relatively quickly and not be slowed down by DTI requirements or other hassles from conventional options.Would be glad to help, also check out this 12-part series published here on BP on everything you would ever want to know on this loan option!
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12 January 2025 | 10 replies
Every Market (Detroit) has a series of Micro-markets (neighborhoods) of which they are all different in cost, value, cash flow, rents, etc...
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7 February 2025 | 13 replies
I realized, there is no destination, but a series of stops along the way.
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16 January 2025 | 12 replies
Also be open to knowing that you are acquiring a series of problems.You're in the solution business.