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4 January 2024 | 11 replies
Best to consult a lawyer about incorporating in the best state for your situation.Also, as others have stated, most of your questions are discussed in this article: The Core 4 Members Vital to a Profitable Long-Distance Real Estate Investing Team.
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22 January 2024 | 4 replies
Many times the main pipe will freeze because it is overly exposed to outside temps and wind.If you incorporate these tips into your Winter prep or Winter scramble trying to avoid frozen pipes and damage I am confident you will sleep better and avoid a lot of stress.Bonus:If your pipes do freeze a few tips are propane heaters.
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19 January 2024 | 15 replies
At what stage are you going to incorporate property management?
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22 January 2024 | 0 replies
- Incorporate repurposed materials like old bricks or reclaimed wood for a boho-chic look.4.
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24 April 2021 | 99 replies
Go talk to your REI CPA and attorney to see how the tax changes will effect your investing, current partnership agreements, future intended agreement and how you incorporate your company.
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20 January 2024 | 11 replies
Incorporating your GM and PM in this process might make things much simpler.
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5 March 2021 | 65 replies
Again, I don't really know CA market and Togo's I can only speak from them being incorporated in our east coast stores.
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14 January 2024 | 4 replies
@Nick Benedick this is a common question and a good one :) The answer is it depends and it may not be your choice.Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal you need insuranceOne solution to the above is to buy the property in your personal name and immediately transfer it to the LLC after closing, but you will need to get pre-approval from the lender before you buy a property and plan to do this since not all of them allow this.
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12 January 2024 | 4 replies
@Mary-Grace Harley this is a common question and a good one :) The answer is it depends and it may not be your choice.Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal you need insuranceOne solution to the above is to buy the property in your personal name and immediately transfer it to the LLC after closing, but you will need to get pre-approval from the lender before you buy a property and plan to do this since not all of them allow this.
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22 January 2024 | 2 replies
I don’t remember a lot about this particular renovation, other than the trashout, but it birthed standards we tried to always incorporate into our future flips and rental renovations.