Luis Herna
Help With Loi As Wholesaler - Commercial Deal
23 January 2025 | 4 replies
If this is your first deal, it's probably best to get a lawyer to make sure you're doing everything properly.
Raiyan Khan
How to go about choosing the right handyman/maintenance/management
19 January 2025 | 1 reply
However, I am unsure on how to go about finding the proper handyman/maintenance guy/management team to help run any out-of-state investments I make.
Reno Philip
Connecting with other Houston investors
10 January 2025 | 15 replies
My piece of advice would be to make sure you have a great agent in your corner to help you assess the market, make informed decisions, etc. having a good agent can be day & nights difference when it comes to your experience.
Account Closed
PM needs ss#
22 January 2025 | 14 replies
- Of course, most of these PMCs weren't even properly licensed and were typically one-person companies.If you have an LLC, the PMC will only need the LLCs EIN.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.
Jeremy Frantz
Turning New Construction Sf Home (With Partner Through Llc) Into Personal PO Rtfolio
21 January 2025 | 0 replies
My question is: How do I properly take the interest that my LLC has put into the new LLC and give it to my person for the purposes of getting a loan from the bank through a refinance.
Byron Umana
Your First Airbnb: Do’s and Don’t
28 January 2025 | 9 replies
Nights, weekends, holidays, etc.To keep this on-topic, though...DO figure out what's healthy for you to manage but remember it's a process where every experience teaches you good and bad (and be patient with that process).DON'T sweat the small stuff (damage/costs under $50, undisclosed dogs, etc.) but DO find a way to learn, prevent, put in better practices to maintain your sanity.
Dylan Watts
Single family rental unit with a pool
14 January 2025 | 7 replies
If the tenants don't care for the pool properly, it could cost you thousands to fix.
Cathy Svercl
Rent credits for cleaning & painting by future Tenant
15 January 2025 | 8 replies
Hardly anyone can prep properly, mask or dropcloth properly, cut in around trim and windows, get even coverage, etc.
Albert Gallucci
How do you detirmine the class of a Property
27 January 2025 | 12 replies
@Albert Gallucci as many have pointed out, in the commercial space of 100+ apartment buildings and offices, property classes have some pretty decent industry standards.We started applying these to 1-4 unit properties around 10 years ago, which you can verify on our blogs, because we saw too many newbie investors not properly taking into account things like, neighborhood status, tenant pool, property condition, etc.Unfortunately, there's no industry standard for this, but you can use some basic logic to think your way through your own Classifications.
John Friendas
Cheapest Funding for No Electric Property
10 January 2025 | 4 replies
And how do I roll this into a cheaper mortgage (my dti would be too bad for another conventional).Maybe a lender would be able to consider the electric "working" with the proper inspection?