Fetch Phoenix
1 Property, 3 doors - should we set up a Real Estate LLC?
19 November 2024 | 9 replies
This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).
Janet Behm
$500 DAILY FINE for ALL your Corps & LLCs
15 November 2024 | 2 replies
Be sure you have registered ALL your Corporations and LLCs by December 31, 2024Failure to file is a $500/day/entity fine!
Madelyn Felix
Remote property access and cameras for self-guided tours?
20 November 2024 | 23 replies
We only do single family homes, so it's not an apples to apples comparison, but the average national turnover rate is about 40%. 4 of the last 5 years our turnover rate was under 6%, and in the last 10 years we've never had an eviction.
Scott Trench
Purchasing a small Office Building
22 November 2024 | 13 replies
The more parking the better and the more options for a bit of increased corporate amenities, the better.
Scarlett Tao
Co-signer income requirements
18 November 2024 | 14 replies
So, we obtain a full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc. to build an overall credit evaluation.Public RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.
Brad Herb
Syndication using SDIRA $
19 November 2024 | 11 replies
A national builder is under contract to purchase all the finished lots to construct the units.
Robbie Shiver
Short Term Rental Alternatives? Need Help/Ideas
15 November 2024 | 17 replies
Here are a few alternative rental strategies:Medium-Term Rentals: Platforms like Furnished Finder connect you with traveling professionals, such as nurses and corporate employees, looking for 30-90 day stays.
Zack Rosenbaum
Insurance on a 4 unit in Columbus Ohio
16 November 2024 | 8 replies
@Zack Rosenbaum National Real Estate Group, NREIG.com
Camille T.
Rent Control Discussion
15 November 2024 | 1 reply
Interesting discussion about national rent control here- Why Rent Control and Housing Subsidies Backfire: James Burlinghttps://link.theepochtimes.com/mkt_app/epochtv/why-rent-control-and-housing-subsidies-backfire-james-burling-5732950?
Valerie Bowman
Blanket/Portfolio Loans and buying an 8 unit with a single family next door
20 November 2024 | 13 replies
In Ohio, some banks and credit unions are known for flexibility with mixed-use or investment properties include:Civista Bank - Known in Ohio for its flexibility with investment properties, they may have options for mixed-use financing.Liberty Home Mortgage - Offers a range of loan products, including commercial options that might suit your situation.Huntington National Bank - Has experience in commercial lending and may offer portfolio loans that allow combining the properties.Asking for a price adjustment for buying the single-family home in cash could be feasible, especially if the seller needs flexibility for the divorce settlement.