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21 May 2024 | 33 replies
You don't need to...markups in retail are pretty uniform throughout the supply chain, and for public companies like Walmart, you can look at their quarterly filings to determine exactly what their margins are.With contractors, you don't have this same level of transparency, so if you want to ensure that you're getting reasonable prices, you need to do some additional investigation...
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13 May 2024 | 9 replies
HMU when you have a moment and we can discuss what I have done, where I am trying to go, and swap some stories of time wearing the uniform!
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8 May 2024 | 7 replies
.- Yes to paint, easily the best ROI- I'm not a fan of door knobs and cabinet hardware- Making light fixtures uniform in color/style, so don't mix brushed nickel and bronze.
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7 May 2024 | 13 replies
Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.
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6 May 2024 | 10 replies
Also MTR pricing software might not be effective yet because there are so many variables with properties its hard to truly comp and get an apples to apples comparison (without looking further into the property and the amenities that are covered)For example the pricing software will not know exactly which utilities are covered, how nice the furniture is, term of lease which can impact the rate, other amenities that is not uniform amongst MTR inventory.I recommend manually finding comps on Zillow.
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4 May 2024 | 8 replies
For instance, a new suit is not a write off, but a uniform for your business is.
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30 April 2024 | 18 replies
Guesty has proven beyond helpful.It funnels all of your listings and accounts into a SINGLE, uniform inbox.
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29 April 2024 | 168 replies
Right at 10:00 a uniformed deputy will come out with a few staffers and will immediately begin the auction.
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26 April 2024 | 44 replies
state license ect. .. and your correct the bigger private guys in this state pretty much uniformly got cease and desists the state went looking found them shut them down.
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8 April 2024 | 51 replies
And 20% of the time they are 20% off.What I found that it works pretty well in uniform neighborhoods like some of the older Milwaukee suburbs.