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29 March 2019 | 5 replies
Also advice on approaching someone with little capital, but have a unique skill and knowledge of real estate
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5 April 2019 | 5 replies
If you're interested I'd like to create a club of investors on Oahu to discuss how we can pool resources and share knowledge to advance a common objective.
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30 March 2019 | 10 replies
And if they object that, BEFORE they will apply for a loan, they FIRST want to meet with you in-person or see if they want a specific home, how do you answer that without sounding too abrupt or firm, thus becoming a Realtor they don’t want to work with, even if they DO end up qualifying for a loan?
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2 April 2019 | 24 replies
Everyone's REI path is unique and it's important, first and foremost, to understand both your goals and your NEEDS (not an acronym).
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31 March 2019 | 4 replies
So people will often try to place each property into it's own LLC, so if anything happens to one property, you are only risking that one property rather than a bunch of different assets.When it comes to liability protection, placing a flip into LLC 1 would have a few drawbacks. (1) You are adding another property to the LLC, which means it would be worth more money for anyone looking to win a lawsuit against you AND (2) you are increasing the likelihood of a lawsuit because there is more liability with 5 properties than with 4. (3) The flip is also a different type of investment and has unique liabilities inherent to these types of investments, so your LLC will also be exposed to additional types of liability. (4) These two types of investments are also listed differently on taxes, so you need to keep this in consideration and discuss it with your CPA.In a perfect world you would want each property in it's own LLC (or just do a Series LLC,) and then have an operating company that doesn't even own a property to use for all your highest liability actions, such as a rent collection, paying contractors, property management, etc.
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30 August 2021 | 61 replies
MFH, both are great, and both come with unique ups/downs.I think it all depends on the quality of your houses.
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2 April 2019 | 33 replies
Especially since three different agencies quoted the "same" Safeco policies but came in at very different prices.To show how much it can vary, on one property in Fort Worth, Ft Worth Ins quoted $591 and the highest quote was $1121 per year, almost double, and that was not unique - it happened with several.
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1 April 2019 | 5 replies
Assuming the contract is written with an inspection contingency, you conduct your due diligence and present an inspection objection on the items you are requesting.
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31 March 2019 | 2 replies
Starting to put out a good amount of bandit signs, however my market already has quite a few people doing it. I’m looking for creative ideas or phrases that make mine look different than the others. Thanks!
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1 April 2019 | 23 replies
@Kwesi Landers your “why” is not unique.