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30 March 2024 | 5 replies
PM companies vary so asking them how you get your distribution, and when, is important.
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27 March 2024 | 9 replies
It is the most popular software in the industry and all CPAs know how to navigate it which is nice.At the bare minimum, you should do the following to make your bookkeeping easier:1.
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28 March 2024 | 37 replies
That’s what I have learned, I’ll send you a connection request and also the details of someone who is providing me these of market deals from a company called new western.
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30 March 2024 | 11 replies
It depends on the deal, but what we did was give the PMP (Private Money Partner) 50% equity in the property to fund the entire entry fee.Thats not necessarily a rule of thumb.This to me is a sliding scale based on the Cash on Cash return you can expect.Further , we offered our partner 75% of the cash flow until they are paid back in full, then the cash flow return drops down to 50%.All liabilities would also be split 50% with this partner.We called the company we use , who establishes our LLCs, opened an LLC, wrote up an operating agreement and a JV agreement that outlined all of our responsibilities for the asset.
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27 March 2024 | 9 replies
Real estate tends to be balance sheet heavy and you want a bookkeeping company that specializes in real estate.
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30 March 2024 | 8 replies
This may be your best bet as it lets you hold off on formation, but its important to make the title company and the lender aware ahead of time so they can update title and prepare the loan docs with the correct entity name.
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30 March 2024 | 16 replies
Al wire has a much higher chance of causing a fire than copper which is why insurance companies don’t like it.
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29 March 2024 | 4 replies
For context, I have a business degree in marketing (not good I know) and work for the biggest single family rental company in the US doing entry level customer service.
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29 March 2024 | 1 reply
Michael,There are Insurance companies that will write Dwelling Fire policies for rented 1-4 family homes that are owned by an LLC.
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30 March 2024 | 25 replies
JPMorgan Chase, Nationwide, Honda, L Brands, Huntington, and Amazon are just a few of the many companies that have thousands of jobs in the city.