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4 February 2016 | 30 replies
Considate a 2nd time, incorporate, transfer the profits to the business.
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30 April 2015 | 68 replies
The bank was, and still is extraordinarily slow to lend, and we're having to change our strategy a bit to incorporate flips into our model while we wait for the properties to season a little more.Metrics look like this :~$440k in via equity investment + a minor amount of rental income$110k debt (Resulting in debtservice of $750/mo)For a total of $550k invested.ARV between 3 properties of $850k - So a net equity of $300k or so.Monthly rental revenues of $11,000Costs are $1000/mo in insurance$1000/mo in property taxes$1500/mo saved back for maint/repairs - Actual expense last year was around $700/mo due to the fact we try to fix everything that might need repaired in the next 5 years, so far it's worked quite well$500/mo for vacancies (Actual vacancy rate was 3.8% last year based on total of damages + lost rental days).$750/mo in debt service ($285 or so goes towards principal curtailment)For a grand total of $6,250 in monthly cashflow or 16.6% return based on the $450k cash invested.
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3 November 2014 | 8 replies
The last renter did not maintain the yard like it needed to be so I am looking for advice on how to incorporate the requirement of you must own a working riding mower or pay an additional maintenance fee for the yard.
28 October 2016 | 2 replies
Some states will require that you register your business in that state even if you incorporated it in a different state.
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22 November 2015 | 31 replies
Lastly, peruse through Cedar Home catalogs for ideas you can incorporate into yours!
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13 August 2014 | 70 replies
. - I have read before that you can incorporate your LLC in a state where you DO NOT live.
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12 September 2017 | 63 replies
Incorporates the old elements with the new and provides some shade.
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5 December 2017 | 1 reply
As I've done before, I'm hoping to incorporate your questions into my blog here on BiggerPockets.
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28 July 2016 | 68 replies
Find a deal and negotiate terms that allows you to incorporate your student loans into the property while still maintaining a positive cash flow every month.
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8 August 2023 | 50 replies
Just google "AIA-G703 template", and you will find plenty of excel spreadsheets that you can modify with your company and project information and incorporate into your contract as an exhibit or addendum.