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8 November 2020 | 8 replies
(Insert your favorite gourmet burger joint for an analogy)But the real value is not in recording things after they already happened but in planning things before they happen.
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2 August 2020 | 12 replies
We are looking to connect, partner, joint-venture, hangout, etc, with other real estate investors in the area.
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13 April 2020 | 6 replies
Joint venture development with the current owner.
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17 November 2019 | 44 replies
A very reputable flooring contractor refuses to install LVP under kitchen cabinets due to expansion (they actually don’t like LVP because it is so unstable)Additionally they recommend never installing it in bathrooms because, although waterproof itself, it can allow water to pass through the joints and cause issues with the subfloor
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24 April 2022 | 23 replies
Land Values in Dallas County rose 33.8% during 2012-2017 (Source: Harvard Joint Center for Housing Studies).
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4 August 2021 | 23 replies
Something you didn't mention as a possibility, is joint venture with the owners.
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28 February 2017 | 10 replies
Ryan- I am currently operating my LLC as follows:All income gets deposited into the LLC checking accountAll business expenses get paid out of that same checking account (online bill pay)Since it is a credit union, I can create sub accounts ("share"accounts- individually numbered savings accts) under the main accountAt the beginning of the month, I online transfer set amounts out of the chkng acct into the "tax", "insurance","heat/misc" share sub accountsSince chkng accts are vulnerable to outside influence (counterfeit check, invalid ACH withdraws), I sweep excess funds into a separate share acct I do an ACH transfer of my monthly draw into my personal chkng acctThruout the month, i'll reverse sweep funds back into the main chkng acct for bill paying as needed.When the "funds sweep" holding acct gets too large, I transfer funds out of the LLC into a personal savings acct (the thought here is that my rental activities are far more susceptible to a lawsuit than my personal life.
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13 March 2019 | 6 replies
The net proceeds are then distributed to the joint owners.
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19 May 2022 | 12 replies
Not only is it harder and harder to find good deals on your own, but knowing you are investing with a tried and true operator relieves some of the stress and head aches that come with owning real estate
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8 October 2018 | 19 replies
., 73 T.C. 766 (1980).)However, you don’t have to do all the work yourself: You can hire a manager to help you and still qualify as a business.Example: Gilford, her two sisters, and other relatives jointly owned eight apartment buildings in Manhattan.