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29 December 2024 | 13 replies
You could also talk to professionals like attorneys or CPAs who might know people interested in lending.
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24 December 2024 | 24 replies
Work with a real estate attorney and CPA to draft an operating agreement outlining ownership, decision-making, and dispute resolution.
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25 December 2024 | 10 replies
@John Cooper find an experienced landlord-tenant attorney for their input and potentially handling your eviction.
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27 December 2024 | 4 replies
You either pay the tenant, or you pay the attorney.
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28 December 2024 | 23 replies
He love to quote that he has partner attorneys that say this and that.
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6 January 2025 | 15 replies
Otherwise I could just hire an inspector, real estate attorney, and title company.Quote from @Nathan Gesner: Quote from @Allison Park: Good agents won't want to work with you.Nothing has changed with commissions.
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30 December 2024 | 7 replies
For all non-attorneys, be very careful when modifying your residential lease!
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9 January 2025 | 20 replies
Interestingly, attorneys are not permitted to offer services to strangers except by general advertising.
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16 January 2025 | 78 replies
This is accomplished with an excellent team around you including an investor friendly Realtor who ideally is an investor themselves, property inspector, property manager, insurance agent, and asset protection and business attorney.
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24 December 2024 | 14 replies
Here are a few tips:Asset Management: Holding your property in the LLC can protect your personal assets, but check with an attorney or CPA to ensure it’s set up correctly and complies with local laws.Rent Collection: Collecting rent through the LLC simplifies accounting and keeps personal and business finances separate, which is a big plus for taxes and liability.Property Management: Since you’re self-managing, the LLC can be used to formalize agreements, pay vendors, and manage expenses—treating it like a professional operation.Just make sure to consult an attorney or accountant to align your setup with your goals.