
25 June 2024 | 5 replies
Your personal assets are protected with a viel, which can be pierced under certain circumstances.

26 June 2024 | 16 replies
The exact definition varies from person to person, but I mainly consider them <$40k reno and hitting those items.

25 June 2024 | 0 replies
However, it is mostly geared toward a person who has a W-2 job themselves, which is not the case for me, so there are some applications that I am finding confusing.

25 June 2024 | 15 replies
The rationale being you are reducing your personal housing costs as the rented unit will be covering some of the costs.

25 June 2024 | 17 replies
Personally, I'd do it.

25 June 2024 | 3 replies
A great way to meet people in your local community is to attend in person meet ups.

26 June 2024 | 4 replies
On the other hand, BRRRRs will cash flow slightly.I personally think that the farm purchase is more of an emotional decision for me and I am leaning towards not going forward so I can invest in BRRRRs which helps me achieve my goals more quickly.

26 June 2024 | 16 replies
A lot of investors don't see the unit in person before purchasing since it's mainly for rental purposes so have your Realtor at least check it out.

26 June 2024 | 11 replies
I personally grew up in Cleveland and invest there so I am familiar with the market.

25 June 2024 | 1 reply
Transferring Your LLC via Will:Review Operating Agreement: Check if your LLC’s operating agreement addresses ownership transfer upon death.Update Your Will: Specify in your will that you intend to transfer ownership of the LLC to a named individual or individuals upon your death.Consult an Attorney: Seek advice from an attorney specializing in estate planning and business law to ensure your will is legally sound and compliant with state laws.Consider Tax Implications: Understand potential tax implications of transferring LLC ownership through your will and plan accordingly.Notify Your Successor: Inform the person named in your will about their future role in the LLC and provide necessary documents.Please feel free to reach out if you need any further assistance.