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15 December 2024 | 59 replies
Only one house instead of 4 separate units is less things to worry about.
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9 December 2024 | 9 replies
That said, keep your emotions out of it and simply respond to his offer with a VERY polite "thank you so much and I'd love to sign this for you today, but there were a few terms we discussed that I think may have been overlooked....those are XXXX".
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12 December 2024 | 49 replies
It's something similar kind of thing like we buy with our emotions and justify it by reason .2.
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5 December 2024 | 1 reply
I completely agree with the advice and I'm perfectly okay with not charging him rent.My concern is that by treating this property differently from all the other units in the Series LLC, I may be opening myself up to a situation where I'm weakening my LLC protections even if I keep the financials separate and in order.
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4 December 2024 | 7 replies
It also sits on 2 acres with separate buildings for animals and a nice storage shed.
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6 December 2024 | 9 replies
Keep personal and business finances separate to create less headache.File all receipts in a dedicated Google Drive folder.
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5 December 2024 | 4 replies
This frees you to focus on higher-value tasks like growing your portfolio, owner communication, and big-picture strategy.2.Adopt a Portfolio Management Structure: Early on, I ran a departmental structure (separate teams for maintenance, leasing, collections, etc.), and it caused inefficiencies and communication breakdowns.
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6 December 2024 | 36 replies
I thought I'd have to then get the connection separately.
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2 December 2024 | 3 replies
My gut says you probably want/need separate policies for the different entities at the very least - the purpose of having them is to keep things separate in case of a lawsuit, so combining insurance would pierce the veil and allow someone to come after everything.
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9 December 2024 | 98 replies
It has no other value.Originally posted by @Chris Armstrong: @Aaron Mazzrillo YES 100% Beanie Babies will be the NEXT BIG THING. hahahah all inIt's so cringe worthy to read how uninformed many are on this subject.I have to bow out of this because is heading towards more of an emotional discussion rather than logical.Best of luck to all.