
27 December 2024 | 3 replies
If I had been tracking the assets via accounting, I would simply make a journal entry showing the LLC's assets and liabilities going to zero and transferring them to the Holding LLC or the LLC Members.

30 December 2024 | 6 replies
For consulting with a CPA.As mentioned above you can simply take monthly distributions, but what is most important is how you are set up.

30 December 2024 | 15 replies
Without rent control i either raise their rent far above market rents so they give me notice (my preferred method) or i simply do not renew their lease.

29 December 2024 | 10 replies
It simply depends on your time frame, when you want to actually begin renting the property out short term, and what the loan terms are.

3 January 2025 | 8 replies
During that time I've often described the multifamily market as a traffic collision at a 4-way intersection where you had (lack of or negative) rent growth coming from one direction, and from the other directions: cap rates, expenses, and interest rates.

10 January 2025 | 28 replies
I don't want a nice car or nothing flashy with the money I have made it simply goes directly into the SMP

5 January 2025 | 17 replies
The indoor malls that simply offered shopping and a food court are the ones dying off.I've seen some malls be demolished and replaced with high-density single family developments.

3 January 2025 | 18 replies
Usually when a landlord cannot find qualified tenants but are getting a fair amount of inquiries there's an underlying real estate problem and the qualified tenants simply do not want to live in that location.

26 December 2024 | 7 replies
These problems often occur in vacant homes due to lack of ventilation, climate control, and regular inspections.

2 January 2025 | 15 replies
Scenario 1 they don’t or refuse to move- eviction costs and/or lost rent Scenario 2 they move out and Cap ex and turnover costs, lost rent, advertising for new tenants in a somewhat of a qualified tenant shortage, headaches can be avoided by simply having a conversation with the tenant to see where their head is at, and that they understand what your expectations are.