Anthony Dupre
Seeking Advice on Asset Protection for Out-of-State Real Estate Investments
26 November 2024 | 17 replies
Hey @Anthony Dupre, whatever you decide for your entity structure, ensure it's simple enough for you to easily abide by the structure in your day-to-day operations.We've had bookkeeping clients with complicated structures that apparently protected them to the maximum degree but they didn't abide by the structure when conducting transactions in their business daily (lots of unintentional commingling).
Caleigh McDonough
House Hacking My First Property that Doesn't Cash Flow
27 November 2024 | 16 replies
For simple math, let's say you were like 99% of the fruit cakes on this forum--- they'll say net $10k/mo.
Bryan Price
Hard Money Loan Past Due (any red flags?!!!)
23 November 2024 | 7 replies
We've been communicating quarterly on the property status, but a simple search on Zillow made me think he's lying to me.
Joe Mills
Pitbull Service Animal
23 November 2024 | 15 replies
READ IT AND KNOW IT.We have a fairly simple process at all our properties.
Kylie A.
EA OR CPA Whats the best in your opinion?
18 November 2024 | 15 replies
I’m a huge fan of keeping things simple since it takes me longer to understand complex topics, especially taxes.
Kaven L.
Should a PM walk the property before dispatching a plumber?
21 November 2024 | 21 replies
We dispatch them first at $50/hr to see if there is a simple fix and there most often is.
Kyle Jacques
What is the best STR Guest Guide Book?
19 November 2024 | 12 replies
Ditto @Michael Baum - a simple 3 ring binder and I update/replace it if it looks even a bit worn down.
Briant Rivera Arroyo
New to Real Estate, Interested in Wholesale
21 November 2024 | 7 replies
As Remington mentioned above, I would be cautious while wholesaling since so many wholesalers try to go around without disclosures and simple contracts.
Sarah Rhee
Significant equity in two homes, stuck on what to do next, recently lost a job
23 November 2024 | 5 replies
Quote from @Sarah Rhee: I have a real simple rule for investing: never sell an investment unless you can move the money to a better-performing asset, or if the sale will move you closer to your goal.Your situation doesn't meet my rules.
Nichole Kinard
What to do with 50 acres of rural land
21 November 2024 | 12 replies
We do have plans to add a 'park style' grill, picnic table, maybe a few fire rings to make for more sites, but still aiming to keep it simple and cheap.