David DeLancey
Where do I get a list of properties that meet my criteria?
21 February 2023 | 5 replies
One data source may be better in quality or quantity of info; just depends on the individual market.
Chelsey McMasters
Under Contract...now what
17 November 2020 | 17 replies
My goals used to be 100 properties, but when I got to 20, I started to realize it is not about quantity, it is about quality and income of assets.
Mike Montanye
Turnkey Rentals and Legal Review
21 February 2023 | 5 replies
If it's not sufficient time for you to review, pass on it.
Devin Peterson
HUD New MI Factors
23 February 2023 | 1 reply
House hacking just got a hell of a lot more fun, especially for those 3-4 family self-sufficiency tests!
Martin Guerrero
Things that are a must or lessons learned when buying home owners insurance on rental
21 February 2023 | 6 replies
If I already have a 1Million umbrella policy would that be sufficient or should the liability on the specific property be raised to 1Mil thank you
Matthew McNeil
LLCs and the Illusion of Protection
24 February 2023 | 1 reply
For many years I assumed my LLC’s Operating Agreement was sufficient until I learned that a Creditor who obtains judgement can have a significant detrimental impact on the entity.
Jeffrey Hunter
Investing in the states, while playing basketball professionally overseas
24 February 2023 | 11 replies
Unless you have someone you trust to manage a crew that is self sufficient your operation will crumble.
Stewart Wyne
The Log House at Sugarloaf - Vacation rental cash cow
25 November 2020 | 5 replies
This is awesome, and I love that the property is 90% self-sufficient!
Sumit Sehgal
Best route for LLC creation
27 December 2020 | 11 replies
The usual operating agreement that you can download online are legally sufficient for an LLC but grossly inadequate for asset protection purpose.The cost of using an attorney is not for the basic issue of creating an LLC and register it with the state, it is to guide you to the proper type of LLC that you need and for drafting an operating agreement that will keep you out of trouble.Anderson Advisors is one of the few providers that are specialized in real estate asset protection and they have the advantage of having under the same roof real estate and tax lawyers who are working together to make a structure that is meeting both asset protection and tax optimization goals.
Tony Castronovo
Recourse or Non-Recourse
21 July 2019 | 13 replies
A non-recourse loan allows you to limit some of your downside while you're playing offense (shooting for above average returns.)On the other hand, if you have a net-worth that you're willing to put on the line for any particular deal or have sufficient fire-walls in place, then you can be more aggressive.At this point in the cycle, I would advise caution.