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28 December 2024 | 6 replies
Just trying to get as educated as possible before making any decisions, and setting up my asset protection accordingly.
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4 January 2025 | 11 replies
Establishing a separate entity, such as an LLC, for your rental property business could provide more flexibility in claiming deductions associated with business-related assets like vehicles.
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31 January 2025 | 44 replies
Mulit family assets likely will preform better than single family in this case because of rent ceilings, but in my market, finding a solid MF deal with enough equity is very cahllenging.
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5 January 2025 | 17 replies
There’s definitely potential in finding distressed assets and adding value through smart renovations.Setting up an LLC in the state where you’re flipping is a great move for liability protection, and working with a local attorney will ensure you’re covered on state-specific legalities.
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26 December 2024 | 3 replies
It seems like each option could work depending on your long-term goals for those assets.
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30 December 2024 | 7 replies
., the rental agreement contains one of the “10 Deadly Sins” as set forth in Wis.
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24 December 2024 | 5 replies
I agree with complications of ownership when it comes to Land Trust, and it also does nothing for asset protection.
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30 December 2024 | 7 replies
They care about making money and protecting their asset.
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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.
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24 December 2024 | 4 replies
So if I am looking at an asset as a 10 year play - I look more at the location, schools and how has this market performed in the past excluding covid and 2008 which were extenuating circumstances.Reality is right now shorter term plays do not work based on numbers and cost of financing - we went through this same thing in 2001-2004ish timeframe where properties would appreciate 2-3% per year and after buying costs and closing costs - you were not making money on assets unless you performed the labor or found a really good deal.this is how real estate "typically" is - which is why everyone always says location location location - because after a decent holding period, you will win.