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19 January 2025 | 46 replies
With her US ITIN, she was able to create an LLC business-structure, associated her ITIN with the business as the owner.
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8 January 2025 | 38 replies
This method is a little riskier and requires more work from the Property Manager.
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30 December 2024 | 24 replies
This is explained early and often with new clients and it has always been a part of our fee structure as long as you've been a client.
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3 January 2025 | 3 replies
This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.
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28 December 2024 | 1 reply
Create a bonus structure that gets those managers pumped to perform.
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29 December 2024 | 0 replies
Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000
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31 December 2024 | 2 replies
Successful realtors prospect for listings using the same methods as investors.
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30 December 2024 | 3 replies
We host Free Meetups in Boston, Worcester, Lowell, Manchester, Portsmouth, and Biddeford. 3️⃣ BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat):Find distressed properties, add value through renovations, and refinance to pull most of your cash back out.
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2 January 2025 | 10 replies
Rental income and expenses, such as mortgage interest, property taxes, repairs, and depreciation, can be reported on Schedule E of your personal tax return, regardless of ownership structure.
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4 January 2025 | 67 replies
Pouring concrete pad for our caretakers house. 40x 40 structure.