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17 May 2024 | 17 replies
"She doesn't boom but she doesn't but either"The only issue I see with your strategy is scalability. 20-40 units often get crushed with expenses because of the lack of economies of scale. 100+ units are actually easier to manage :)Happy hunting!
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15 May 2024 | 5 replies
You then file the annual report each year and continue to fork over another $500 annually.Next "cheapest" will be legal zoom or a similar service, I believe they'll help roll the registration with the state into the start up package.I use "cheapest" in quotes - the primary purpose of an LLC is typically to provide some level of asset protection.
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15 May 2024 | 8 replies
Numbers show that if I bought 3 houses and after NOI and Debt service I have around $430 per house so around $1290 a month.
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14 May 2024 | 7 replies
They are quick and responsive in terms of providing a quote, doing paperwork, and then answering questions, but I haven't actually had an issue yet.
15 May 2024 | 8 replies
You could do an 80% LTV cash out on a DSCR loan, however you will need to be able to debt service at the higher loan amount and rate to qualify.
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16 May 2024 | 5 replies
As a good investor, always always keep this in mind, especially when you get an insane deal, how is the service provider give me an insane below market deal and still keep a successful business running?
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15 May 2024 | 2 replies
Ideally this would be a service that charges per individual background directly to the applicant before hiring.
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17 May 2024 | 21 replies
I actually prefer these systems because there’s no cash/check to deposit at the bank.
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15 May 2024 | 9 replies
It takes a lot of life experience and finesse to deal with people coping with huge life struggles.If I were young and starting out, I'd offer paid services for clean outs and basic staging/moving around furniture.
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16 May 2024 | 7 replies
I would actually recommend having a conversation.