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7 January 2022 | 7 replies
These firms don't usually post the individual's contact info from what I've seen...
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23 January 2022 | 28 replies
It's exponentially easier to manage a 30 unit property than 30 individual properties.
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9 January 2022 | 6 replies
If one goes bankrupt, it may take all the others with it.You may not need an LLC for each individual property, but each LLC you do have should have its own bank account and books, and should behave as its own completely separate entity.
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19 January 2022 | 15 replies
Not properties (individually).
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8 January 2022 | 1 reply
If all units are under one ownership it’s usually referred to as apartments, not condos. condos are usually individually owned. that said, what questions do you have?
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19 January 2022 | 12 replies
Originally posted by @Theresa Harris:I'd only get involved with flipping if you can handle the risk and you have a team who is able to get it done in a timely fashion.Absolutely, I would definitely only get involved when a core four group of individuals have been vetted and put in place.
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10 January 2022 | 5 replies
If a certain number of individuals living in a house are unrelated, it is considered a boarding house and has more regulatory requirements.
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11 January 2022 | 8 replies
You can ask for references on smaller outfits or Mom and Pops type individuals.
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11 January 2022 | 9 replies
I second his statement to do as much networking and speaking to individuals as much as possible.
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10 January 2022 | 5 replies
Ask everyone that is an individual landlord if they would also be willing to sell with owner financing.