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7 January 2025 | 9 replies
You can ask an attorney about having them on retainer but I'm guessing they would not want that liability either and it might end up being more expensive than just getting your license.
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26 January 2025 | 33 replies
Fail to produce K-1s in time for LP tax returns to completed on time, refuse to communicate with LPs, when LPs start to express frustration.Cheryl Cheryl, I'm sorry to hear this.Many investors learn expensive lessons with their early investments.Knowing nothing about this deal (because I didn't invest) I can already tell you the 24% projected return was a major red flag (in my opinion).
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1 January 2025 | 12 replies
This can be very expensive and is usually the worst choice because you can't justify the cost.2.
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7 January 2025 | 8 replies
Given margins are so thin, the misalignment of interests should give more out of state investors pause because many of these vendors will try to make up margin at the investors expense.
31 December 2024 | 10 replies
Better to concentrate on decreasing expenses and saving for now.
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28 December 2024 | 3 replies
Expenses at the property were were getting out of hand, and needed to be corrected.
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2 January 2025 | 6 replies
I am also in Cincinnati and I did speak with True Home Ohio (https://truehomeohio.com) and they seemed to be somewhat reasonable except I believe they take a flat fee of $105 per door so depending on how much rent is for that door it could be cheaper or more expensive but their other fees I thought were very reasonable.
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31 December 2024 | 5 replies
It's more expensive, though, so there are tradeoffs.Happy to chat, shoot me a DM.
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29 December 2024 | 12 replies
Understand you have great equity position but it is expensive, but more importantly takes a lot of time and very distracting from other money making activities to foreclose.