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17 February 2025 | 5 replies
Btw, your or anyone else’s success can NOT be guaranteed by any guru, mentor, course, etc.
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19 February 2025 | 15 replies
Quote from @Havital Miltz: Normally you would set the LLC in the state where the property is.You have no tax benefits for setting up an LLC, it is more a protection from lawsuits and going after your personal assets, however not a guarantee....As a husband and wife you do not need to set up a partnership - IRS has special considerations for married couples for self employment, you could also apply that for a rental...Hope that helpsA joint venture is available to any 2 people co-owning real estate for investment purpose as tenant in common under Proc. 2002-22 (unrelated to marriage) but it can't be owned in an LLC together.
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20 February 2025 | 5 replies
houston is probably similar pricing to Columbus Ohio but way worse zoning laws. we take 20% on top as a GC and a guaranteed fee agreement. our contracted new construction projects recently:Single family new build spec home: 1513 square feet with 3 beds 2.5 baths 1 car attached $275000 approx $182 a square foot if calculated using heated square feet which means our cost is $145 a square foot. 3 unit / triplex new construction: 2008 square feet 2 bedrooms 1 bath per unit or total 6 bedrooms 3 bathrooms with 3 off street parking spaces. contracted build cost $395,000. no garage on this and better economies of scale with shared roof, slab, etc. $192 a square foot hard cost with our cost running approximately $157 a square foot.
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8 February 2025 | 3 replies
Old lists which are on the mentioned platforms practically guarantees saturation and others already having reached out and made offers/solutions because all your competitors are getting the same leads and at the same time.
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2 February 2025 | 22 replies
When you use it, search for a town, not the address because if you use a specific address it reroutes to a webpage where you have to pay.
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11 February 2025 | 8 replies
Out of state investors can do really well here, but you can also lose a decent chunk of money if you buy wrong.Lots of out of state investors, especially those from California get a little blindsided because everything here is so cheap it all looks like a guaranteed great deal.
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9 February 2025 | 3 replies
If you're dead set on that path then I would recommend getting a google meet with the person and give them as many advantages they have to using you as opposed to a property manager ex: guaranteed rent, more exposure, and less fees (use chat GPT to get a good list).I would emphasize the fact that it is much easier to get rent, and there is less risk to them in the sense of cash flow.
8 February 2025 | 10 replies
I jumped the gun and bought BP pro last month but I’ve been having second thoughts about it and have been trying to get a refund due to the 30 day money back guarantee.
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12 February 2025 | 1 reply
This question goes without saying, that the seller's coverage of the commission is promised but not guaranteed, potentially leaving me (the buyer) with the check.Next, what are your guys' opinions on limited dual agency with assigned agency?
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17 February 2025 | 7 replies
If you buy a fix-and-flip property and use a hard money lender to fund it (your LLC as the borrower), why would the bank ask for a personal guarantee?