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27 January 2025 | 4 replies
The specifics usually depend on agreements with the tribal government.
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14 January 2025 | 7 replies
@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.
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19 January 2025 | 6 replies
Hi @Zhong Zhang I have used vacancy hacks over the years to get personal properties under 1% when turning tenants over. 3% increase depends on renewing or getting new tenants, when renewing tenants that's a safe amount.
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22 January 2025 | 13 replies
I think they used to go up to like 80-85% CLTV depending on credit score.
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8 February 2025 | 2 replies
It’s just part of the game**They have multiple leads & opportunities in play- If you’re banking on one contract to make or break your business, you’re already losing.
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3 February 2025 | 1 reply
My goal is to grow this business by expanding my investor network and seeking properties that will allow for additional scalability.
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5 February 2025 | 1 reply
." - Exactly it's a business and there's little grey area when PM is done correctly.
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3 February 2025 | 24 replies
So depending on what your investment goals are and what type of properties (Class A through C/D) and where in the city you want to buy, that can directly impact the level of stability one can find within the market here.
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26 January 2025 | 1 reply
We rent it in between $75-125/night, depending on the time of year.
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3 February 2025 | 2 replies
For those of you doing MTR & LTR what tech stack are you using and what areas of your business are each of your tools covering?