Tove Fox
Nevada, Ohio, Michigan, Pennsylvania Out of State Investing
20 January 2025 | 22 replies
Larger cities offer better infrastructure, such as international airports, interstate highways, and a broader talent pool, making them attractive to businesses and tenants.Avoid Rent ControlRent control laws can hinder your ability to adjust rents to match inflation, limit tenant screening, and complicate evictions.
Edward Toomey V
5 months using RentRedi and I HATE it
19 January 2025 | 55 replies
People are making this way too complicated.
Rob U.
Flipping homes on land leases
1 January 2025 | 5 replies
Land leases often complicate financing, limiting your buyer pool, especially if lease terms are unfavorable or the remaining lease duration is short.
Nitesh Chand
Can I sell my house with tenants
4 January 2025 | 12 replies
It makes it a little more complicated with showings but the PM and agent can help make that easier.
ZZ Song
Any experience with Prime Corporate Services?
20 January 2025 | 31 replies
That’s half the cost of Prime’s reduced rate.2nd, like everyone is saying, the cost of setting up and LLC is less than $100… closer to $50… if you just do it yourself through the state (not complicated).3rd, if you want someone to help you draft your operating agreement, hire a local real estate attorney and it will be significantly cheaper than $1660… probably cheaper than $550.4th, if you want someone to do your taxes and help you get your max deductions - talk to a CPA who specializes in real estate and they can review your operating agreement to see if you’re setting yourself up properly, and they can do your regular taxes… and be cheaper than Prime. 5th, a separate CPA can work with you regularly to review your investments and strategies to determine good tax strategies as you look to execute any deals. 6th - don’t lock yourself into a crazy subscription model before you start making money!!!
Ryan Daulton
Benefits of self-directed IRAs
14 January 2025 | 18 replies
@Ryan DaultonThe SDIRA is certainly more complicated.
Steve K.
Anyone Else Fed Up With Loan Servicing Companies?
8 January 2025 | 33 replies
Plus it makes bookkeeping and doing taxes etc. more complicated and annoying/ expensive.
AJ P.
Plumber Walked Away from Job
30 December 2024 | 1 reply
My contractor has gotten impatient waiting for him and has started taking matters into his own hands (he did the jack hammering of the floors which my plumber said had "complications" and would "take forever to get through").
Stuart Udis
What language was added to your lease in 2024?
30 December 2024 | 7 replies
It's complicated and not recommended for newer/smaller landlords, but it's a profit center for me.
Kevin Hoover
Limited partnership to TIC - Can a child get joint property without capitol gains?
1 January 2025 | 4 replies
This is a complicated situation with multiple layers to consider, so here’s my take based on your questions:If you’re looking to move assets from the partnership into individual LP (Limited Partner) names while avoiding capital gains, you’ll need a strategy that complies with tax regulations.