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3 August 2024 | 3 replies
Hi folks, with Silicon Valley's push to try and automate traditional MFH property management, I'm curious if there's any providers you've heard of or tried that are also attacking the HOA/COA space as well?
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30 July 2024 | 24 replies
The issue is that I would like to manage this property myself and would like to be known as the property manager and not a landlord.Since the property is under my name, I was wondering if there was a way to have them write out their checks to a company name rather than my name for obvious reasons stated above.
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3 August 2024 | 5 replies
Hi there, I currently house hack and have other investments as well.
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30 July 2024 | 12 replies
I was interested in their services as well.
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30 July 2024 | 3 replies
Backup Withholding: If a contractor fails to provide a TIN or gives you an incorrect TIN, you may be required to withhold a percentage of their payment for federal taxes (known as backup withholding) and remit it to the IRS.Following these steps will ensure you are in compliance with IRS regulations and avoid potential penalties.
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4 August 2024 | 12 replies
Expect a spike in mortgage applications (I'm not sure what other lenders are seeing) but we've issued 20+ Pre Quals the past few weeks and the majority of borrower inquiries are very well qualified.
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4 August 2024 | 15 replies
A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.
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6 August 2024 | 28 replies
They are cheap, and will get cheaper in coming recession, as tourism to Vegas will decline, and they have superior growth and great management, that know what they are actually doingADC -(Agree Realty), they do what I do privately, but on a bigger scale, run by Joey Agree , very smart, they have excellent growth, multi-tenant, triple net retail, and grocery anchored Retail, they will benefit from massive secular tailwinds, as there has been under construction in retail for years, due to fear of E-commerce, higher construction costs/insurance costs, post GFC under financing-construction, etc, so existing inventory is commanding higher rents, we are bumping new leases by 7-11%, they will get this endogenous earnings growth for yearsthese should perform well over next 10 years, never buy anything in Real Estate for less than 10 years, to allow to go through cycles, and if you can buy in 401k/IRA so dividends can be re-invested tax freegood luck, you have to monitor your E-REITS like you would any other stock, closely, as they move with sentiment not just on NAV like private Real estate, so you can't just dose em w 200mg of propofol and walk away, not that you'd ever do that :)good luck
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2 August 2024 | 15 replies
There is still some seasonal factors but there are enough draws to the area year round to keep the properties stable and renting well!
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2 August 2024 | 16 replies
On 5+ units, 75% max is possible as well.