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2 December 2024 | 13 replies
Based on years of experience with over 530 investment properties in Las Vegas, here are some thoughts to help you evaluate the value of property managers and how to find a good one.The Value of a Good Property ManagerMany people believe that a property manager's only value is collecting the rent.
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5 December 2024 | 87 replies
Or at the very least, not nearly as much as an owner occupied Non-performing note you're attempting to collect on.But yes, when I say "you can lose more than your investment principle," I'm talking about the liability and overall risk exposure.
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20 November 2024 | 4 replies
It's more about steady content and natural growth once you nail the basics like keyword integration and technical optimizations.
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24 November 2024 | 18 replies
It is most optimal to do this somewhere with high exit values, since cost to build and effort are about the same everywhere.
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26 November 2024 | 13 replies
Even if you can't use the full bonus depreciation in 2022, the tax savings could still be impactful in future years.It's great that you’re planning to work with a real estate-specific CPA, as they can help ensure you're compliant and help optimize your strategy for future tax savings.
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25 November 2024 | 19 replies
Also it matters if there is also a lease up fee the PM will collect, look at your agreement.
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25 November 2024 | 36 replies
Baselane is a banking, bookkeeping, and rent collection tool/service.
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29 November 2024 | 6 replies
For your existing primary, you will need to have it leased with the security deposit and first month's rent collected.
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25 November 2024 | 12 replies
I inquired about the possibility of a two-company structure: A traditional LLC that is the public face of the activities (collecting rents, paying contractors, etc.) and managing the Series LLC with each property in once cell in it (in this case, Series LLC is serving as a holding role).Again, one attorney said that would be much better than a standalone LLC and that is recommended approach, and the other said it is waste of time and money since there are some requirements from Texas Real Estate Commission, which is requiring being a licensed broker in the state to operate in the managing LLC.So, just want to hear what other Texas investors are doing when it comes to series LLCs regarding these issues.
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3 December 2024 | 16 replies
There is a high probability that every dollar you collect in rent will cover every dollar of future expenses. 2. there is a high probability that due to location and price, there will be demand in the future for this property, so it will increase in value.Good luck to you as you get started.