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8 July 2024 | 20 replies
Your comment on distribution and contribution makes sense though That term is usually used for when the loan/mortgage is under your personal name and then you transferred the deed to the LLC.But if you meant just commingling funds, that's usually a no-no but you must make it clear in allocating those funds between contribution and distribution so that you have a paper-trail of what happened to that money and this way it won't be labeled as commingling
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9 July 2024 | 8 replies
Because I had everything in place, it wasn't that bad, but even now, I always use property managers for my out of state properties (and a couple local one's as well).Second, You just need to search around for a property manager that meets your needs.
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6 July 2024 | 10 replies
@Austin Davis could I PM you some names of the contractors in CR that I have vetted to see if you know them?
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7 July 2024 | 11 replies
Kind RegardsYou just released my PRIVATE information I am not a business I'm allowed to use your name you are NOT ALLOWED to use mine.You listed PRIVATE full name information seriously?
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8 July 2024 | 8 replies
.- Educate yourselves: Learn about local market trends, zoning laws, and permitting processes.- Set realistic timelines: Account for your full-time jobs when planning project schedules.- Budget carefully: Include a contingency fund for unexpected issues.- Focus on high-ROI improvements: Prioritize renovations that add the most value.- Document everything: Keep detailed records of expenses, work completed, and agreements.- Consider liability protection: Look into forming an LLC or other business entity.Starting with cash is a smart move to minimize risk and learn the process.
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7 July 2024 | 13 replies
It's important to stay current and ask around about which company is responding fastest, as sometimes they are overwhelmed, not having enough local vendors, and service is slower.
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5 July 2024 | 1 reply
So Monday morning I get the script I made together and I just go for it and ill admit cold calls are scary but never something I've been afraid of so after about 4 calls I get a guy who is interested in what I have to say and remember this is day two but I am able to get myself through the conversation ask him enough questions to have an idea of what he would be looking for and he was like all right. text me your name and number and let me know when you have some thing.
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7 July 2024 | 11 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
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6 July 2024 | 2 replies
My name is Nitzan Mosery.I love real estate and I love the possibilities it provides and the freedom.I love to have fun and travel.My goal is to network with like minded individuals and build empires together.I am here to help anyone and everyone get started in real estate or if you want to take your game to the next level.I've gone full cycle on over 10 multifamily properties.My tean and i bought around $50,000,000 in class A student housing in the last 18 months.Looking to partner with people who want to grow exponentialy.Please reach out if thats you.Rock and Roll