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23 June 2024 | 1 reply
Please let me know if you would like to meet-up in person and I can help process some options for you.
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23 June 2024 | 105 replies
That means, your personal home, and 2-3 investment properties.
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24 June 2024 | 26 replies
We focus on customer service, sales and overall personality when hiring for leasing and assistant manager positions and haven't really made a decision based on PM software experience.
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23 June 2024 | 1 reply
If they owed $200k they’d still have to personally buy at least $500k.
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23 June 2024 | 29 replies
I opened a new host account to handle guest interactions myself, hired a local handyman for emergencies, and found a cleaning person who could also act as my eyes and ears for any required handyman services.
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24 June 2024 | 5 replies
In our previous example of $4k net monthly income the disbursement would be as follows: $4,000 Net income$1388 principal loan repayment to majority partner $1305 (50% of $2612) to majority partner$652 (25% of $1305) to each minority partnerAs your parents, they might not require or care about the same rate of return, or a return at all (except the equity position) especially if they're planning on utilizing the property for personal time.
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23 June 2024 | 8 replies
Hi Kenny-Great question about whether you should put a house you plan to live in and rent out parts to others in an LLC.Certainly putting it in an LLC would help with asset protection and limiting personal liability.However, you may lose the ability to claim the part of the house you live in as homesteaded tax rather than the higher non-homestead investment property tax for the entire property in an LLC.
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23 June 2024 | 11 replies
Asset Protection:While owning properties in your own names may have tax advantages, it does expose you to personal liability.
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20 June 2024 | 6 replies
Unfortunately only about 5 applications have been fully submitted and all of them have failed to show proof that they can afford to pay the rent and provide the proper references.
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23 June 2024 | 4 replies
@Zhen Yuango look in person.