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25 December 2024 | 22 replies
You’re correct—Airbnb and Vrbo don’t do credit checks, but many hosts screen guests through reviews, verified IDs, and guest profiles.
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11 December 2024 | 2 replies
The typical clients that seek out cost segregation studies include:Real estate companies that buy and sell multiple properties each year.Individuals with a portfolio containing investment properties including apartment buildings, multi-family homes and even single residences.Franchise owners with properties that are similar to one another such as assisted living facilities, storage facilities and golf courses.Business owners of hotels, food facilities, shopping centers, restaurants or manufacturing plants.It depends on the type of property, but generally 15-45% of the building’s costs can be classified into assets with a shorter life.
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18 December 2024 | 23 replies
Its the less aggressive model but it was programed into me from a young age, keep your business risk separate from the things that you need to live (home, car, food, etc.).
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17 December 2024 | 11 replies
So then you can add several properties under that same LLC if in the same state correct?
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18 December 2024 | 8 replies
Asking in the correct forum will get a better response.Read the RULES!
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20 December 2024 | 13 replies
Correct, it’s a long process with no guarantee of success.
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19 December 2024 | 5 replies
Also, half of all LLCs get thrown out in court because they aren't managed correctly.
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24 December 2024 | 44 replies
My bookkeeping firm provides me with a steady active income, which allows me to keep doing deals, cover unexpected expenses, and navigate the occasional black swan event.My Take on Cash Flow:Cash Flow is a hedge against corrections.
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16 December 2024 | 13 replies
Agree , those are all incredibly important as is good property management and the ability to price the property correctly based on your competitors rates( dynamic pricing ) .
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17 December 2024 | 7 replies
Asking in the correct forum will get a better response.Read the RULES!