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30 December 2024 | 5 replies
That means, when they are damaged it doesn't eat up the whole security deposit leaving more money to cover other damages better protecting me. 3.
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20 December 2024 | 8 replies
Real estate investing is a team sport and at different points in the game different players will play more important roles.
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23 December 2024 | 6 replies
How cool.Well, It's because I was seen as a player, a closer (meaning I close on deals I put under contract).I said, "I didn't know you owned a building" and to that he said "yes, it's the building with two - first floor retail spaces and 9 apartments on the corner".Dang, just what I love.
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27 December 2024 | 2 replies
Staying proactive not only protects your tenants but also safeguards your investment.
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19 February 2025 | 88 replies
My cash flow calculation is based on accurate and ideally conservative underwriting that includes all expenses including maintenance/cap ex, vacancy, PITI, book keeping, asset protection, misc.I would never bother with a unit for pure investment that was projecting anywhere near as little as $300/month total return.
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24 December 2024 | 9 replies
An LLC is useful for two things: anonymity and legal protection.
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24 December 2024 | 14 replies
@Tar-U-Way Bright Using your LLC for real estate ventures offers legal protection and tax benefits.
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27 December 2024 | 2 replies
We plan to remove them all to protect from tax increases on our current primary, but I am afraid that now that the other properties won't have homesteads, we may see skyrocketing tax bills and it will eat into already small cash flow from rental income.Does anyone have advice for how to handle this situation other than just increasing rent?
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1 January 2025 | 32 replies
Only government and insurance companies insist on not letting go of mail.It's good asset protection.