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12 January 2025 | 20 replies
@Tayvion Payton, my first question is:Why do you believe multifamily offers better value for the time spent managing than other asset classes?
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9 January 2025 | 15 replies
However, since you put the asset into an LLC, I am going assume you care about asset protection and further this discussion just a bit.My advice to you is to seek out local banks where much of their business is derived from commercial lending.
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23 January 2025 | 23 replies
If you own more than 20% of the entity when the loan is obtained, most lenders will likely require that you PG the note.
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27 January 2025 | 21 replies
Done right 2%/month return on asset value is possible.
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7 January 2025 | 20 replies
However, I typically like to make a distinction between my parents assets and my own, simply because doing so provides me more satisfaction when I succeed.
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8 January 2025 | 7 replies
Go search the topic "Lifestyle Asset University" here on Bigger Pockets and you will see a longer thread with a lot of opinions (most are not members) but still worth a read as there are a half a dozen paid members from our group who have commented on that thread.We were formerly called Lifestyle Asset University, but I didn't realize that you couldn't use the word University in your company name here in Utah so we changed our name to Vodyssey.
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9 January 2025 | 5 replies
The asset class will be dependant on how much capital you have availabile and how much renovations you plan to perform. 2) Is there an income gap between going after 2 units as opposed to 4?
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9 February 2025 | 36 replies
They also ask people to look into their financials and assets at the sales event.
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19 January 2025 | 46 replies
You can still do a 1031 exchange foreign to foreign asset.
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14 January 2025 | 4 replies
Occasionally if they have other assets maybe she can keep the equity of the house and he gets to keep his full 401k or something like that.