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3 December 2024 | 21 replies
•My California LLC serves as a holding company for my out-of-state LLCs that own the individual properties.This structure keeps things organized while ensuring compliance with both states’ regulations.As for your bonus question, it depends on how the property was purchased.
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1 December 2024 | 3 replies
LTR Backup Plan: I want to ensure that if the STR route doesn’t pan out, the property could sustain itself as a long-term rental (LTR).
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1 December 2024 | 1 reply
Also, ensure their 2-year workmanship warranty is documented with clear terms.Shingle warranties can be worth it, but claims often hinge on having all the right paperwork.
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6 December 2024 | 13 replies
Start with simple repairs, plan for vacancies, and ensure professional inspections.
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3 December 2024 | 6 replies
Review your loan agreement for restrictions, and consult legal and tax professionals to ensure compliance and protect your interests.In C State, you can elect to file MMLLC as disregarded entity for tax reasons.
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1 December 2024 | 7 replies
They also ensure no subscriber can get feedback on their recommended teams from others.
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7 December 2024 | 9 replies
Aloha, In a market where the sale-to-list price is 97.9%, homes sold above list price is 18.7%, and homes with price drops is 51.4%, I’m exploring how to respectfully submit an offer with a 30% to 50% discount on the listing price.Beside from the following actions, are there any additional steps I can take to ensure my approach is considerate to both the seller and my agent?
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3 December 2024 | 9 replies
Truthfully though, I would do a cash out refinance for a large sum of money on my primary residence to ensure I do get a better rate.
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30 November 2024 | 1 reply
Ensure the numbers align with your goals, factoring in cash flow, exit strategies, and risk mitigation.
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4 December 2024 | 9 replies
Build a solid team and evaluate deals carefully using tools like BiggerPockets calculators to ensure strong cash flow and returns.Good luck!