Christian Conti
Anyone have any Farmfolio Experience?
28 January 2025 | 3 replies
The company cries the blues about having to inject money into maintaining the trees so they can make a profit.
Casey Graham
11 Doors, 13% Stabilized Yield, Town of 13,000?
23 January 2025 | 15 replies
For example, using 70-80% leverage could preserve your cash for more deals while maintaining strong returns.A blended approach might work: pay cash for smaller deals to avoid delays and borrow on more significant properties to spread risk.
David R Pustelnik
Looking to maximize my potential with rental properties
16 January 2025 | 7 replies
No one's perfect and honest mistakes happen and a PMC often needs guidance as to what level an owners wants to maintain their property.Wasn't trying to solicit your business,so I'll respond via DM about the rest of your questions:)
John Winters
Is This Plan Financially Feasible? Northeast Multi-Family, then Move South?
29 January 2025 | 5 replies
THEN, I plan to purchase the second home using a FHA or conventional loan (3%-5% down), for which I will likely pay the monthly cost out-of-pocket, maybe with some rental income support if it is a duplex.My concern is, I do not want to spend my savings or weigh down my debt-to-income ratio so much so that I cannot qualify for and pay the down payment and closing for the lending on the second home.Questions: - With the first home being multi-family, 75% of the rental income (or potential rental income initially) will relatively either maintain or boost my debt-to-income ratio from lenders' perspectives, right?
Chris Kittle
Wyoming LLC Set-Up and Recommendations
29 January 2025 | 12 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
Raquel Baranow
Suing utility company for not notifying landlord (me) they shut off electric/ water
30 January 2025 | 5 replies
This is not the utility company's responsibility.Your lease should state the tenant is responsible for maintaining utilities.
Ajay Bodas
1031 Exchange Property from Revocable Trust to an LLC
29 January 2025 | 4 replies
This means the IRS will treat the LLC as if you and your wife still own the property directly, maintaining the continuity of ownership for tax purposes.
Nish Chakilam
New and Aspiring Investor
29 January 2025 | 2 replies
We have created work instructions for every step of the process so we can maintain consistency in how we evaluate properties, communicate with tenants, market our properties, handle rent increases, manage property turnover, etc.....
Spencer Ware
Retired NFL Player 2x SB Champ
27 January 2025 | 48 replies
Its more hands off than being a landlord or flipping homes but you have know how to do it correctly.
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
@Brice Alef-Torrisi To manage finances for multiple properties, maintain separate bank accounts for each property if held under different LLCs to avoid commingling, which could jeopardize liability protection and complicate tax deductions.If properties are under one LLC, using a single account is fine but requires detailed record-keeping for each property.