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2 August 2021 | 5 replies
Jeremy, I don't believe Texas requires you to do the final inspection with the tenant present but you should verify that.
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24 May 2021 | 3 replies
This was in 2020 and have not finalized the taxes so do not know if tax accountant will take exception to it.
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22 May 2021 | 0 replies
Our structure works best for LLC/LP's that have taxable income in the 750k - $5MM range and can generate up to $500,000 of working capital per year and can increase returns by 25% based on $1MM of EBIT.Structure is ideal fora) Existing small businesses with Taxable Income of at least $1MMb) Acquirers who are open to adding a non-voting minority partnerc) Lenders looking to increase Working Capital Flexibility and Get Greater TurnsFeel free to inquire for greater detail and includea) Your current status (from a,b,c above)b) If existing business - what was 2018, 2019 and 2020 taxable incomec) current structure ( LLC,LP)Finally, this is not for start-ups or companies that are not currently profitable, so kindly only send inquiries if your entity has taxable income at or near 7 figures
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23 May 2021 | 4 replies
Finally, thank you for reading my long post.
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25 May 2021 | 8 replies
Finally, thank you for reading my long post.
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14 June 2021 | 4 replies
Here in SE MI we can start the eviction process and the judge will simply require the tenant to submit their portion of the application for state aid.
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9 June 2021 | 9 replies
yes, we have had similar situations and have not had any issues (SE MI) in gaining possession of property where the lease was properly terminated.
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23 May 2021 | 3 replies
It was a long road getting here, but we finally found one.
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9 June 2021 | 5 replies
Hey Jason,I have purchased many rentals with leases in place, leased up properties prior to the final step of BRRRR, and no lender has ever asked me about seasoning my leases.
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26 May 2021 | 11 replies
You don't necessarily need to open the LLC before you have a deal, however having one open before you do will allow you to have one less thing to worry about when you finally do find a deal.