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1 June 2019 | 3 replies
Tenants don’t Have to sign estoppel certificates.....they can produce their lease at any time, if they have them.
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9 November 2020 | 62 replies
To date, I STILL haven't received any final statement from this company.I just received a FINAL NOTICE from the KCMO Health Dept (Healthy Homes) for the yearly fee that was due LAST December (I was still with this company at that time).
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20 June 2019 | 2 replies
We often travel for a month or 2 at a time as I can easily manage my operations from wherever I may beMy recommendation is to get to a point of financial security along with no to little debt and then find something that interests you that may or may not be income producing.
24 July 2019 | 11 replies
If its not a healthy mature forest it wont add value.
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24 July 2019 | 8 replies
Believe it or not, I used to produce entertainment - television and films.
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1 August 2019 | 15 replies
Here is the answer to your first one:LLC DistributionYou should look into Series-LLC and see if that's an option for you - then you don't need to worry about this question, as you can place a property in its own children Series-LLC that you can form when needed.As for distribution, you can have one or more per LLC, and that depends on multiple factors:- property class - you might not want to mix A class property with a D class property in the same LLC, due to different tenant level- cash flow - you might want to keep your cash flow cow separate from the ones that barely produce- equity - you might want to keep the one with large equity in its own LLC while you can group the ones with little equity in another LLC (let's say you have one with 50K equity in its own LLC and 3 other each with only 10K in another LLC, till their equity grows to your risk threshold when you move them out in their own LLC).- number of units (in the case of MF)- location of real estateThe investor has to decide what mix is optimal for their situation.You should also look into these threads: how-many-properties-do-you-have-in-your-llcseparate-llc-vs-one-llcbreak-portfolio-into-mltiple-llcsllc-for-each-individual-rental-propertyBut before answering the "per LLC distribution" question you should ask yourself "do you need an LLC?"
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8 August 2019 | 15 replies
@Richard Bickel III I think a little hesitancy is healthy, it makes you ask all the right questions.
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8 September 2019 | 19 replies
He is young and healthy and no way needs an emotional / service dog.
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25 September 2019 | 5 replies
In the past 3 years, I have been blessed to accumulate a small portfolio of multi-family properties (3 duplexes) and 1 single family town home that has produced me consistent cash flow in excess of my lifestyle expenses.
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10 December 2019 | 2 replies
1) When you BRRR a single family home - it has NEGATIVE cashflow while you're renovating it (it's not producing income because it's not rented)When I BRRR apartment buildings nowadays - it cashflows on Day 1.