26 September 2024 | 5 replies
So, I try to balance the complexity and cost of having to manage too many LLCs (for example with each property having its own LLC) with the need to simplify the tax filing process.
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16 September 2024 | 10 replies
Talk to whoever handled closing and find out if you can charge her with theft or something similar (can't think of the name-not fraud) as she has your money.at least you signed paper work in front of a notary, so have a witness and paper trail.
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16 September 2024 | 22 replies
This was a labor of love and there were so many unique and challenging aspects to the flip.
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25 September 2024 | 6 replies
Alot of details go into pricing out income and expenses so using the BiggerPockets Airbnb Calculator could help see what expected expenses you can expect.
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25 September 2024 | 7 replies
So knowing scope would help narrow down on risk mitigation tactics.I guess at the end of the day, it all comes down to knowing what is needed, order of operations, and having as close to true quotes from reputable contractors in hand.Beyond that, really knowing all that is needed and having those extremely detailed scope of works for each trade before you get your bids.
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26 September 2024 | 10 replies
I asked the architect to stamp the plans so we can get the permit and he responded that he can't stamp the plans, and they shouldn't need them because we can submit the stamped site plan from the surveyor and his drawing together.
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25 September 2024 | 6 replies
Know what your holding costs are so in case it takes 4months to sell vs 2 months you can still profit.#2 have/know well six trades for every major....so six masons, six HVAC, six framers, six foundation guys, six roofers.
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16 September 2024 | 13 replies
Additionally if anyone is a broker and can help find the best loan terms for DSCR (or other investment loans) in the Cincinnati Ohio area please let me know!
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25 September 2024 | 4 replies
The biggest challenge I have right now is choosing a company to set up the homes they are all so expensive.
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26 September 2024 | 5 replies
In my market, we still believe that welfare recipients shouldn't have nicer housing than people that work full-time, so Section 8 pays less than what I can get on the open market.