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28 January 2025 | 48 replies
But on this specific guy, I jumped on a call to explore the program and it was a high pressure sales call, it did not feel organic, not trustworthy and certainly did not feel the right fit.Why would someone spend 10k on a so niched-down space of real estate when they can get someone for the same amount to teach him/her everything?
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26 January 2025 | 2 replies
Property taxes and insurance costs are best obtained through local county websites or reaching out to insurers directly for quotes specific to the area.Tools like BP Pro and Reventure can be helpful for an overview, but it’s a good idea to validate their data against primary sources to ensure accuracy.
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29 January 2025 | 22 replies
I'm not sure what specific areas in OH I'll focus on yet.
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3 February 2025 | 5 replies
Would be happy to chat if you have any specific questions.
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21 January 2025 | 4 replies
Feel free to reach out if you have more questions specific to Indy.Best regards,Keagan
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27 January 2025 | 8 replies
@Morgan Vien For your Oregon rental property, forming an LLC in Oregon can provide liability protection specific to that property.
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1 February 2025 | 9 replies
And if you’re targeting specific regions, what makes those areas attractive for your strategy?
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31 January 2025 | 6 replies
There is no specific IRS-mandated minimum holding period for a property acquired through a 1031 exchange before you can retitle it, that's why it's hard to find an answer.
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12 February 2025 | 4 replies
You should consult an attorney or CPA for your specific situation.An LLC is useful for two things: anonymity and legal protection.
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1 February 2025 | 0 replies
Here are five dangerous provisions to watch for in an Operating Agreement:Dangerous Provisions to Watch:Authority to incur debt without investor approvalPower to make loans to other entities/projectsAbility to cross-collateralize with other propertiesPermission to use investor capital for other venturesCommingling of funds across different projectsWhy These Are Potential Ponzi Indicators:• New investor funds could be used to pay existing investors• Project-to-project lending can mask poor performance• Cross-collateralization puts your investment at risk for others' failures• Commingling enables masking of financial problems• Lack of project segregation enables fraudulent schemesProtective Measures to Look For:Strict single-purpose entity requirementsProject-specific bank accountsDebt limitations and investor approval requirementsProhibited related-party lendingClear fund segregation requirementsProfessional Best Practice:Request bank statements showing separate accounts for each project.