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19 November 2024 | 9 replies
For asset protection, LLCs are over-hyped - you just need good insurance.Set up correctly, an LLC may give you decent anonymity, so tenants don't know you're the owner and can't track you down to retaliate (happened to my manager).
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17 November 2024 | 9 replies
Just be sure to thoroughly vet the operator’s track record and the deal structure.
19 November 2024 | 28 replies
Quote from @Tim Casey: Hi there...you're definitely on the right track with your investment strategy.Selling your Atlanta property might be a smart move, especially considering your ARM and the potential for rising interest rates.
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15 November 2024 | 5 replies
I use Stessa only for the tracking feature (transactions).
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23 November 2024 | 38 replies
My suggestion is to look for someone with a strong track record in investment properties, ideally someone who has successful investments themselves.
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18 November 2024 | 8 replies
You can do this without a coin-op feature, but then you have to bill the tenants for small amounts which is just one more thing to have to track and follow-up on.
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23 November 2024 | 26 replies
And, comment to all, is there any ability to track these assets and see who owns the notes right now?
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15 November 2024 | 6 replies
You only need a place to track tenant information, payment history, maintenance, etc.
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15 November 2024 | 3 replies
, total paid I also have a tab for maintenance to that specific unit Was wondering what other things you guys might recommend keeping track of?
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16 November 2024 | 3 replies
sounds like you are on the right track - house hacking or BRRRR to jumpstart the journey is a pretty solid tried and true gameplan