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17 April 2024 | 10 replies
Since you will basically be doing all the work including finding the deal, doing the construction and leasing/renting it out, that might make sense from a structure standpoint.
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15 April 2024 | 28 replies
The postings created by a property management company will likely include the property management company's information in the description (they may even have their name watermarked on all of the listing photos).
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15 April 2024 | 19 replies
In that case, the CPA said, we should file Schedule C instead of Schedule E and pay self-employment tax.
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16 April 2024 | 6 replies
Stretch goals for the year include: getting my partner started with a flip and providing support as needed - she's a REALTOR, works in property management, and is interested in flipping; begin a marketing campaign to test out wholesaling as a deal-generation strategy.
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16 April 2024 | 5 replies
Real Estate Broker for a very long time and have been investing out of state for the last 10 years, I also self manage my rental units in Lansing MI.
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16 April 2024 | 10 replies
It's important to be aware of the risks involved, including unfamiliarity with the market and potential travel costs.
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17 April 2024 | 39 replies
Valuation for Property Management 3X to 5X Seller Discretionary Earnings or 1X to 1.5X Annual Revenue, depending on how well established the brand and reputation is in the market, market share, number of units, scalability, etc...Transaction Structure, never buy a Property Management business for cash, you must include an earn-out structure or provision to protect the purchase against clients/property owners leaving post-transaction.
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16 April 2024 | 8 replies
I am always down to talk about real estate investing in Columbus, Ohio.I can share insights on investing on both single and multifamily properties, including out-of-state investing.
16 April 2024 | 1 reply
Infact, I would have to show tax returns on LLC for two years before I can include it in pre-approval.
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15 April 2024 | 6 replies
I would assume you have an exclusive use clause for whatever type of business you are, but when the units go to condos with no singular landlord to manage those, what happens when two doors down sells and the buyer is the same use as you?