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Results (10,000+)
William Goss Wholesaler vs. Yellow Letter Campaign?
18 March 2020 | 8 replies
It leads to deals but it's unpredictable and you are dependent on others, thus not in control
Vinney Chopra Preparing for Corona Virus? - Multifamily
17 March 2020 | 13 replies
We are nor panicking instead trying to think though some scenarios and communicate/plan on paper . 1.Ownership:1.Create a “Medial Power of Attorney” to take over decision control if any/all owners get sick 2.Communicate ownership delegation with property manager2.Property Manager/Other Employees:1.Communicate CDC requirements 2.Outline and agree upon rent collection work process if city were to shut down 3.Outline and communicate a call tree identifying repair personnel 3.Safety:1.For employees: Release funds to buy protective gear while working within premise 2.For tenants: Communicate 2 times a week with CDC requirement as COVID19 is a REPDI development 3.For Owner: Identify all elderly tenants and communicate with them to call CDC if they would show any sign4.For Owner: Identify companies who does preventive medical grade clearing if any cases to be identified within premise. 4.Insurance :1.Confirm with current insurance to avoid and potential liability from owner to tenant negligence perspective 5.Operations:1.Review plan for marketing to get tenants if people were to leave during outbreak 2.Review plan for eviction during shutdown (if any) 3.Review cash position: 10 months cash supply covering 10 month of debt payment .
George Chung Is my CPA charging too much for filing Umbrella LLC?
25 March 2020 | 14 replies
@James De StefanoI set up the LLC last year so I can not compare.
Lucy Smi Help me analyze this property
13 March 2020 | 2 replies
It's about the numbers you need the following info to get a Rental Property Cash Flow Analysis    Property Management Fees Repairs and Maintenance Real Estate Taxes Rental Property Insurance Homeowners/Property Association Fees Replacement Reserve Utilities - Water and Sewer - Gas and Electricity - Garbage - Cable, Phone, Internet Pest Control Accounting and Legal Advertising Actual Purchase Price Down Payment Loan Amount Acquisition Costs and Loan Fees Length of Mortgage (years) Annual Interest Rate
Ulrick Edmonds Self Directed IRA Usage
14 March 2020 | 13 replies
I've used an SD IRA advisory firm in the past to setup my "checkbook control" IRA that I use to invest in multifamily syndications as a limited partner.
Anne Shoemaker Partner or individual ?
13 March 2020 | 1 reply
At that time, the trust's beneficiaries inherit a de facto share of the LLC.
Nnamdi Mowete Looking for an agent in Philadelphia
13 March 2020 | 1 reply
I am very motivated to get started because the market in Delaware is currently very dry.
Michael Anderson Minimum wage hike and it’s effect on rents
23 March 2020 | 2 replies
I don't think the minimum wage increase will effect rental increases either, NJ is a very tenant friendly state and many of the D class areas are rent controlled.
Kendal West New investor in Milwaukee area. In need of help.
10 April 2020 | 27 replies
In quality control this is know as a fail/pass test as opposed to a quanititative or qualitative test, which tend to be a lot more complicated and are usually done by engineers and then benchmarked against tolerances.
Heather O. Is the Pandemic affecting your business? No trolls please
14 April 2020 | 63 replies
Like I said above, let's just pause, do what we can do for damage control