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12 May 2024 | 8 replies
Quote from @Tatenda Mpofu: A quick search suggested that the following surveys could be completed in the diligence phase of self storage facility acquisitionBoundary Survey: ALTA/NSPS Land Title Survey: Topographic Survey: Site Planning Survey: Floodplain Survey: As-Built Survey: I'm curious which of these are necessary versus nice to have ALTA/NSPS is critical, topo is useful for understanding drainage but some details can indicate that on an ALTA if you specify on Table A. topo needed if you're going to build anything on the excess land.as builts are quite useful for improved property.
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14 May 2024 | 125 replies
Don't believe me, oh-man, just wait until you have REAL Landlord problems, like evicting a tenant because there meth-fueled adult-child moved in and is rapidly destroying the place, only to get it all done over months and receive back a human-feces painted home, copper stripped, destroyed everything......
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11 May 2024 | 25 replies
After COVID, there was an excess of cash pumped into the economy.
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10 May 2024 | 4 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
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10 May 2024 | 7 replies
You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.
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9 May 2024 | 9 replies
If you do not run numbers, you are shooting from the hip and your strategy is either fueled by "hope-ium", or your experience is so immense you know every input and return without running the numbers (but even the most experienced investors run their numbers).Here's the best advice I can give you: You can "run the numbers" until you are purple in the face, and you will never know what every single ACTUAL number is going to be before getting into a deal.
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14 May 2024 | 164 replies
Stocks as an asset class greatly outperform gold, but only because the top 4% of them in the best-performing market do all the heavy lifting while the other 96% as a group don't generate any excess returns.Owner-Operators are the Winners
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7 May 2024 | 13 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
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7 May 2024 | 34 replies
I know some people like to just get more and more houses. and we should probably save some of the excess to pay for repairs.
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10 May 2024 | 116 replies
But having been broke before, I have a personal allergy to most forms of debt, especially excessive levels of debt!