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6 July 2024 | 13 replies
I would like to know reviews from people who have invested in turn key properties with them.Thanks
6 July 2024 | 4 replies
I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.
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3 July 2024 | 14 replies
Some would say a lawyer should draw them up - which makes sense.
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4 July 2024 | 11 replies
We don't have a network built up yet and we'd love to meet some people who actually do this.
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3 July 2024 | 4 replies
Reading through some other forum posts, it looks like there are much simpler partnerships, entities, or offerings that would meet what I am trying to do:My Role:-Decide on properties to purchase, mostly SFHs-Establish LLCs or other business structures to hold the real estate and distribute returns-Purchase properties, using loans as needed depending on the ROI/cash flow desired from investors-Act as property manager for the properties-Depreciate properties held in business entities to minimize taxable income to investors-Distribute returns to investors-Create investments that have high cash flow (CF) and low appreciation (App) , moderate CF and App, low CF and high App-Find investors from connections, friends, and family with no public advertising-Advise in a minimal capacity on tax and real estate strategies-Send investment reports to investors-Be fiduciary to all investors-Receive compensation from PM and other management work I do related to the investmentsInvestors:-Can be non-accredited -Invest as little as $1000-Can use retirement accountsWhat references can people recommend for me to learn about business structures, partnerships, securities, taxes, or other topics to get me started on learning what will work for my goals?
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5 July 2024 | 11 replies
Hopefully that attracts more work for the construction company.I have a Facebook page for helping people with their house issues.
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5 July 2024 | 3 replies
And I get it, you were posting here to ask other investors...we just need to ask people in your market.
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5 July 2024 | 7 replies
Some people buy a house as their primary residence, live in one bedroom and rent out the other bedrooms.
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6 July 2024 | 14 replies
I sponsor a few people, as a broker that do apartment locating and I will do it from time to time if there is good money to be made.
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6 July 2024 | 22 replies
The buffer was nice to have, because people living paycheck-to-paycheck are always one problem away from not making rent.