
22 June 2024 | 4 replies
It seems like everyone focuses on choosing certain states based on rental laws and fees and fails to mention the the primary LLC should be in the state where the property is- in which case the the other state options are not helpful.The wyoming legal office did offer to set up a parent company under which my other LLCs be owned-- which I understand that concept.Thanks again!

21 June 2024 | 10 replies
There are some expenses (mostly noncash items) that can be added back to your income - depreciation is the most common/well-known.If you have strong revenue and are reporting a lot of expenses to reduce your taxable income, a bank statement loan may be a good option for you.

22 June 2024 | 1 reply
The company I use has a sliding scale based on the age of the account, so they may charge 25% for an account less than one year old and 45% for an account that is six years old.

20 June 2024 | 9 replies
There are strong macro factors to include migration, job increase, and quality of life that will be bringing people into the area for years to come.
19 June 2024 | 4 replies
For restaurants, rent should ideally be under 10% of gross sales, so I believe $5,500 a month is fair.The seller doesn't have a rent roll or strong financials, and his tax returns are 50% lower than his claims.

20 June 2024 | 23 replies
If you have the proper legal documents in place and a strong tenant vetting process you can avoid much of the risk, though it's never fool proof, even with a PM.

20 June 2024 | 1 reply
The latest deal I am under contract for I expect to next $88k so if you want a great coaching team and a strong community of support you can reach out to me or just look up the company.

22 June 2024 | 3 replies
Once you see that a company offers such a guarantee, check the Better Business Bureau to see whether consumers complain that the company hasn’t followed through on that promise.Expectations should vary based on the duration of the programs as well.

22 June 2024 | 7 replies
The rest of us can only speculate based on your limited information.

20 June 2024 | 13 replies
Based LLC that will be used to acquire the assets in Paraguay7) Have initial conversations to gauge interest