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1 October 2024 | 29 replies
I used to go to the sheriff sale and they would scoop up so many valuable lots and wouldn't allow bidding to the public.
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29 September 2024 | 11 replies
With 100 properties at those margins, the public markets would assign a 10x multiple on revenue, equaling a $258m valuation (100 properties * $21,500/month * 12 months * 10x).
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27 September 2024 | 11 replies
Additionally, placing the property in an LLC doesn't guarantee privacy for tenants, as they can still access public tax records and potentially trace ownership back to you.
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26 September 2024 | 5 replies
Companies that are required to comply (“reporting companies”) must file their initial reports by the following deadlines:Existing companies: Reporting companies created or registered to do business in the United States before January 1, 2024 must file by January 1, 2025.Newly created or registered companies: Reporting companies created or registered to do business in the United States in 2024 have 90 calendar days to file after receiving actual or public notice that their company’s creation or registration is effective.Beneficial ownership information reporting is not an annual requirement.
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27 September 2024 | 15 replies
But one of the best resources I've found is just reading, and listening to, as many books on the subject as I could find to really help deepen my knowledge and expertise.I actually just started listing to audio books over the last year or so and found a great app called Libby, that you can download for free through the Cleveland Public Library system and there's tons of great audiobooks on real estate and investing that I listen to when I'm driving and has helped me a lot!
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27 September 2024 | 15 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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25 September 2024 | 7 replies
This includes, for example, public housing or other affordable housing.
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27 September 2024 | 13 replies
For full asset protection a WY or DE LLC can hold the state LLC, so your info is not open to the public.
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27 September 2024 | 10 replies
Do one task at a time in each app so you can compare apples to apples.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.
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26 September 2024 | 8 replies
They publicly state their bias against property rights.