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30 April 2024 | 0 replies
If anyone on here is experienced and willing to share information about getting into this game, connect with me to set up an interview so I can ask you questions, and/or collaborate on a deal, as I would love to gain hands-on knowledge and experience as quickly as possible, as well as cultivate trust and relationships that lead to more business and deals in the future.Thank you!
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1 May 2024 | 15 replies
Apparently, Latchel outsources it's customer service over the weekend and they have no idea who RentRedi is and said that since I do not have an account directly with Latchel, they cannot help me.
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1 May 2024 | 7 replies
CO is definitely moving in the wrong direction in my view with many policies.This is another reason why I am more hesitant on STRs than some of the big cheerleaders out there.STR laws change rapidly, and unpredictable politics can make or break a business.
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1 May 2024 | 10 replies
For my passive capital I chose to lean away from crowdfunding platforms in favor of building relationships with great operators and investing directly with them.
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1 May 2024 | 11 replies
It is no more work for one of them to send their half of the rent to the other who then pays you the full amount directly and it is less work for you having to receive two payments.
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1 May 2024 | 11 replies
That said, no direct experience with mobile homes.
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1 May 2024 | 8 replies
Sometimes, that's going to mean going off-market and doing direct communications with the owners of the right places to see if they may be willing to sell.
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30 April 2024 | 2 replies
Hi Jr, as a newbie, I recommend going after pre-foreclosures versus foreclosed properties -- your mission would be to connect with the homeowner versus foreclosed properties which can be a scavenger hunt that leads to nowhere.
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30 April 2024 | 2 replies
Thank you for pointing me in the right direction.
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30 April 2024 | 9 replies
Hey @Amir J Reichental, There are small pros and cons to this: Home Address:Pros:Privacy: Providing your home address keeps your personal information private, as it's not tied directly to your business.Convenience: If you're already receiving mail and other communications at your home address, it may be more convenient to keep everything in one place.Cons:Risk: Using your home address exposes it to potential risks associated with the property owned by the LLC, such as lawsuits or creditors targeting your personal assets.Tax Implications: Depending on your jurisdiction, using your home address could have tax implications, especially if you're claiming any tax benefits or deductions related to the property.LLC Address:Pros:Asset Protection: Using your LLC address helps separate your personal assets from your business assets, providing an extra layer of liability protection.Business Image: Using the LLC address for business-related documents can help establish credibility and professionalism for your company.Cons:Public Record: LLC addresses are often part of public records, which means they may be more accessible to anyone who wants to find information about your business.Mail Handling: If you don't have a physical presence at the LLC address, you'll need to ensure mail forwarding or a reliable method of receiving important documents.Ultimately, the decision depends on your specific circumstances and priorities.